Industry Bulletins | November 5, 2019
Livongo & Health Catalyst Among Other Digital Health Companies To Announce IPO In 2019
On July 24, 2019, Livongo announced their pricing of initial public offering (IPO); the announcement comes as part of a recent wave of IPOs related to digital health. Livongo announced its shares at $28 per share for an approximate total of $355 million; the IPO values the company at approximately $2.5 billion. The organization is based in Mountain View, California and leverages technology to enhance care for consumers with chronic health conditions. Additionally, Health Catalyst, a health care software company based in Utah, also announced their IPO pricing at $26 per share in June 2019. However, the stock increased . . .