Hinge Health has filed for an IPO amid a sluggish digital health IPO market. The company, valued at $6.2 billion in 2021, reported $390 million in revenue and a $11.9 million net loss in 2024, showing improvement from 2023. Despite market volatility, experts see potential due to Hinge's growth and market opportunities. Success could influence other digital health IPOs. Hinge serves 2,250 clients and 20 million lives, competing with Sword Health and others in the digital MSK space.

Virtual Joint Health, already available to Highmark members and also powered by Sword, has been proven to significantly reduce provider visits, need for surgery, and cost of careNASHVILLE, Tenn. and PITTSBURGH, Feb. 17, 2025 /PRNewswire/ -- Nearly 1 in 3 women experience bladder issues, chronic pelvic pain, pelvic floor disorders or symptoms associated with intimacy well-being, pregnancy, post-partum and menopause. To help those experiencing pelvic health dysfunction, Highmark has added Virtual Pelvic Health powered by Sword Health as a benefit at no additional cost to eligible health plan members

What You Should Know:– Highmark, a health insurance provider, today announced the addition of Virtual Pelvic Health powered by Sword Health to its suite of benefits.– The new program offers eligible members access to personalized, technology-driven care for pelvic health conditions, at no additional cost.Impact of Pelvic Health DysfunctionPelvic health dysfunction affects a significant portion of the population, with nearly 1 in 3 women experiencing bladder issues, chronic pelvic pain, or other related conditions. Highmark’s Virtual Pelvic Health program aims to address these challenges by providing convenient and accessible care through a virtual platform.How it WorksEligible members can enroll in the program through their My Highmark app or web-based member portal. Once enrolled, participants are paired with a pelvic health specialist and receive an FDA-listed insertable device that tracks and measures pelvic floor muscle activity.The device, along with a connected mobile app, provides:Real-time feedback: Guides participants through personalized exercises and provides feedback on their performance.Guides participants through personalized exercises and provides feedback on their performance. Progress tracking: Allows users to monitor their progress and celebrate milestones.Allows users to monitor their progress and celebrate milestones. Educational resources: Offers information on pelvic health conditions and treatment strategies.Offers information on pelvic health conditions and treatment strategies. Personalized support: Connects participants with a dedicated pelvic health specialist for guidance and support.The new program builds on Highmark’s existing collaboration with Sword Health