After months of rumors, the tech-enabled primary care provider One Medical has filed for an IPO. The company has tapped JP Morgan and Morgan Stanley to act as the lead bookrunning managers for the proposed offering.
While the stock price is not yet set, the company's SEC filing revealed that it is looking to raise around $100 million in the offering. The company plans to list itself on the...
2019 has been the year of the digital health IPO. Reports are now circulating that tech-enabled primary care provider One Medical could be on deck.
CNBC reports that the startup has hired JP Morgan and Morgan Stanley ahead of its IPO, according to sources "familiar with the matter." When MobiHealthNews reached out to One Medical, the company declined to comment.
One Medical is a primary care...
A recent report from Morgan Stanley estimates that Apple’s market opportunity in healthcare could be as high as $313 billion in 2027 — or as low as $15 billion.
The 50-page report, aimed at investors, makes the case for the various ways in which Apple could become an even more serious player in the healthcare sector, in light of trends like value-based care and the consumerization of healthcare...
Digital health funding is on the rise -- for example, MobiHealthNews tracked $689 million in deals this quarter, spread across 49 deals, compared to $392 million in Q3 of last year. But investors at a Health 2.0 panel this week said that dollar amounts don't tell the whole story.
"There are a lot of different sources of capital than there used to be before," Ankur Luther, an executive director at...
San Mateo-based medical communications platform and physician referral engine Doximity raised $54 million in a round co-led by DFJ and T. Rowe Price Associates. Morgan Stanley Investment Management as well as returning investors Emergence Capital Partners, Morgenthaler Ventures, and InterWest Partners also participated in the round. This brings the company's total funding to $81 million.
CEO Jeff...
Cost transparency company Castlight Health has filed paperwork for an initial public offering with the SEC, according to a report by Dan Primack over at Fortune.
The report also says Castlight is expected to seek a valuation upwards of $2 billion. Goldman Sachs is slated to lead the offering and Morgan Stanley is expected to serve as underwriter.
The company's IPO has been expected for just under...