Hinge Health IPO Filing: Healthcare Is One of the 'Last Redoubts of Manual Labor' -- Market Talk

Dow Jones

03-11

1858 ET [Dow Jones]--"Don't be fooled by the fancy machines you see whirring in a hospital, healthcare is one of our economy's last redoubts of manual labor," writes Hinge Health CEO Daniel A. Perez in the company's IPO filing. The company, which uses technology including AI to automate joint and muscle health care, was valued at $6.2 billion as of October 2021. Investors include Insight Partners, Atomico, Coatue Management and Tiger Global. Co-founder Gabriel Mecklenburg and Perez "have personal histories of musculoskeletal conditions -- I broke my arm and leg in a biking accident, and he tore his ACL on the judo mat -- we each endured 12 months of rehab," Perez writes. They had "great experiences with our physical therapists, but struggled to keep up with the many appointments required," and felt technology could have "automated our care at higher fidelity and greater convenience." Revenue in 2024 rose 33% to $390.4 million. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

March 10, 2025 19:05 ET (23:05 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Perez in the company's IPO filing. The company, which uses technology including AI to automate joint and muscle health care, was valued at $6.2 billion as of October 2021. Investors include Insight Partners, Atomico, Coatue Management and Tiger Global. Co-founder Gabriel Mecklenburg and Perez \"have personal histories of musculoskeletal conditions -- I broke my arm and leg in a biking accident, and he tore his ACL on the judo mat -- we each endured 12 months of rehab,\" Perez writes. They had \"great experiences with our physical therapists, but struggled to keep up with the many appointments required,\" and felt technology could have \"automated our care at higher fidelity and greater convenience.\" Revenue in 2024 rose 33% to $390.4 million. (josh.beckerman@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 19:05 ET (23:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4137","symbol_name":"綜合支持服務","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518782694","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518782694","pubTimestamp":1741647900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1858 ET [Dow Jones]--\"Don't be fooled by the fancy machines you see whirring in a hospital, healthcare is one of our economy's last redoubts of manual labor,\" writes Hinge Health CEO Daniel A. Perez in the company's IPO filing. The company, which uses technology including AI to automate joint and muscle health care, was valued at $6.2 billion as of October 2021. Investors include Insight Partners, Atomico, Coatue Management and Tiger Global. Co-founder Gabriel Mecklenburg and Perez \"have personal histories of musculoskeletal conditions -- I broke my arm and leg in a biking accident, and he tore his ACL on the judo mat -- we each endured 12 months of rehab,\" Perez writes. They had \"great experiences with our physical therapists, but struggled to keep up with the many appointments required,\" and felt technology could have \"automated our care at higher fidelity and greater convenience.\" Revenue in 2024 rose 33% to $390.4 million. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4137":"综合支持服务","HCSG":"医疗保健服务"},"translate_title":"Hinge Health IPO申请：医疗保健是“体力劳动的最后堡垒”之一——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HCSG":1},"content_text":"1858 ET [Dow Jones]--\"Don't be fooled by the fancy machines you see whirring in a hospital, healthcare is one of our economy's last redoubts of manual labor,\" writes Hinge Health CEO Daniel A. Perez in the company's IPO filing. The company, which uses technology including AI to automate joint and muscle health care, was valued at $6.2 billion as of October 2021. Investors include Insight Partners, Atomico, Coatue Management and Tiger Global. Co-founder Gabriel Mecklenburg and Perez \"have personal histories of musculoskeletal conditions -- I broke my arm and leg in a biking accident, and he tore his ACL on the judo mat -- we each endured 12 months of rehab,\" Perez writes. They had \"great experiences with our physical therapists, but struggled to keep up with the many appointments required,\" and felt technology could have \"automated our care at higher fidelity and greater convenience.\" Revenue in 2024 rose 33% to $390.4 million. (josh.beckerman@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 10, 2025 19:05 ET (23:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}