Livongo and Health Catalyst, two health-tech companies, made strong public market debuts on Thursday.
Health Catalyst, another health-tech player, also debuted and performed well.
In 2018, digital health companies raised more than $8.1 billion in venture capital financing, according to Rock Health.shares surged as much as 62% in their stock market debut on Thursday, the latest sign that public investors are buying into the digital health trend. The company provides diabetes services to large employers, a space that's attracting big dollars in the quest to ultimately provide better coverage and bring down costs. The IPO has been touted by the industry as a potential benchmark for other start-ups that sell disease management services to large companies and health systems., a distributor of data analysis tools to hospitals, which also hit the market on Thursday and gained as much as 56%.
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