frontiers.health
Digital Health Unicorns: The IPOs of Livongo and Health Catalyst
%5Bvc_row+equal_height%3D%22yes%22%5D%5Bvc_column%5D%5Bvc_single_image+image%3D%224967%22+img_size%3D%22full%22+alignment%3D%22center%22%5D%5Bultimate_spacer+height%3D%2230%22+height_on_tabs%3D%2215%22+height_on_tabs_portrait%3D%2215%22+height_on_mob_landscape%3D%2215%22+height_on_mob%3D%2215%22%5D%5B%2Fvc_column%5D%5B%2Fvc_row%5D%5Bvc_row+css%3D%22.vc_custom_1561037856751%7Bpadding-top%3A+20px+%21important%3Bpadding-bottom%3A+20px+%21important%3B%7D%22%5D%5Bvc_column%5D%5Bvc_column_text+el_class%3D%22post-text%22%5D%0D%0A%3Ch4%3EThis+article+has+been+written+by+Adriano+Fontanari%2C+Business+Analyst+Intern+%40+Nina+Capital%3C%2Fh4%3E%0D%0AThis+year+there+has+been+one+of+the+hottest+summers+ever+since+in+the+digital+health+scene%2C+with+Livongo+and+Health+Catalyst+that+went+public.+We+have+to+look+back+three+years+to+find+the+last+Initial+Public+Offering+%28IPO%29+of+a+Digital+Health+company+%28iRhythm%29.+VC-Backed+investments+in+this+field+are+growing+year+over+year+%28%248%2C1+B+in+2018%2C+according+to+RockHealth%29.%0D%0A%0D%0AIs+this+the+sign+that+the+market+is+mature%3F%0D%0A%0D%0A%3Ca+href%3D%22https%3A%2F%2Fwww2.livongo.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3ELivongo%3C%2Fa%3E+provides+disease+management+tools+for+people+that+suffer+from+a+chronic+disease.+One+of+the+key+strengths+of+the+company+is+to+combine+a+digital+platform+%2B+connection+with+healthcare+professionals+%2B+devices+in+a+one-stop+solution.%C2%A0+Livongo%E2%80%99s+platform+targets+multiple+conditions%3A%0D%0A%E2%80%A2+%3Cstrong%3EDiabetes%3C%2Fstrong%3E%3A+connecting+blood+glucose+meter%2C+test+strips%2C+personalized+insights%2C+24%2F7+expert+support%2C+shareable+reports%2C+custom+alerts%0D%0A%E2%80%A2+%3Cstrong%3EWeight+Management%3C%2Fstrong%3E%3A+connecting+smart+scale%2C+automatic+weight+and+steps+tracking%2C+healthy+habits+challenges%2C+expert+coaching%0D%0A%E2%80%A2+%3Cstrong%3EHypertension%3C%2Fstrong%3E%3A+connecting+blood+pressure+monitor%2C+personalized+insights%2C+shareable+reports%2C+expert+coaching%0D%0A%E2%80%A2+%3Cstrong%3EDiabetes+Prevention%3C%2Fstrong%3E%3A+connecting+smart+scale%2C+automatic+tracking+for+weight+and+steps%2C+CDC-approved+lessons%2C+expert+coaching%0D%0A%E2%80%A2%3Cstrong%3E+Behavioral+Health%3C%2Fstrong%3E%3A+offering+support+for+depression%2C+anxiety%2C+stress%2C+sleep%2C+and+more.+Interactive+programs%2C+tracking+tools%2C+dedicated+coaches%0D%0A%0D%0AWith+147+Million+people+in+the+US+with+a+chronic+condition%2C+accounting+for+90%25+of+the+U.S.+healthcare+spend%2C+it+is+paramount+to+find+value-based+interventions+to+manage+chronic+disease.%0D%0A%3Ch2%3E%3Ca+href%3D%22https%3A%2F%2F2019.frontiershealth.co%2Fagenda%2Fsession%2F149740%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3EJoin+Frontiers+Health+to+listen+to+Zane+Burke+%28CEO+of+Livongo%29+who+will+hold+a+keynote%3A+The+Role+of+Digital+Health+in+Combating+the+Global+Chronic+Condition+Epidemic%3C%2Fa%3E%3C%2Fh2%3E%0D%0A%3Ca+href%3D%22https%3A%2F%2Fwww.healthcatalyst.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3EHealth+Catalyst%3C%2Fa%3E+is+a+health+care+data+analytics+company+committed+to+supporting+healthcare+providers%2C+extended+care+facilities%2C+and+physician+groups+to+make+data-informed+decisions+to+improve+clinical+and+operational+performance.+Health+Catalyst+is+offering+a+cloud-based+data+warehousing+platform+backed+by+an+AI+system+powered+by+more+than+100+million+patients.%0D%0A%0D%0AWith+more+than+650+performance+improvements+across+clinical%2C+financial%2C+and+operational+domains%2C+the+Flywheel+%28Fig.+1%29+represents+how+Health+Catalyst+creates+and+delivers+value+to+the+end+customer.%0D%0A%3Ch2%3E%3Ca+href%3D%22https%3A%2F%2F2019.frontiershealth.co%2Fagenda%2Fsession%2F149836%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3EJoin+Frontiers+Health+to+listen+to+Sadiqa+Mahmood+%28SVP+of+Medical+Affairs%2C+Health+Catalyst%29+who+will+hold+a+speech.%3C%2Fa%3E%3C%2Fh2%3E%0D%0AThe+IPOs+of+Health+Catalyst+and+Livongo+show+that+the+%3Cstrong%3EUS+Digital+Health+market+is+ready+to+welcome+new+unicorns%3C%2Fstrong%3E.+While+we+still+have+to+wait+for+a+company+based+in+Europe+to+go+public+the+European+Digital+Health+market+is+nonetheless+a+fertile+ground+for+investments.+The+recent+round+of+%24550M+of+Babylon+Health+that+led+the+company+to+a+valuation+of+over+%242B+is+just+an+example.%0D%0A%3Ch6%3ESources%3A%3C%2Fh6%3E%0D%0A%3Ch6%3E%3Ca+href%3D%22http%3A%2F%2Fwww2.livongo.com%2F%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3ELivongo.com%3C%2Fa%3E%3C%2Fh6%3E%0D%0A%3Ch6%3E%3Ca+href%3D%22http%3A%2F%2Fwww.healthcatalyst.com%2Finsights%2Fhealth-catalyst-ipo-continuing-our-mission%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer%22%3Ehealthcatalyst.com%3C%2Fa%3E%3C%2Fh6%3E%0D%0A%3Ch6%3E%3Ca+href%3D%22https%3A%2F%2Fwww.cnbc.com%2F2019%2F07%2F25%2Flivongo-shares-surge-in-market-debut-as-digital-health-space-heats-up.html%22+target%3D%22_blank%22+rel%3D%22noopener+norefe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