More Healthtech Companies are Going Public, But are They Measuring Up?

There are already at least 15 healthtech companies that have gone public this year, compared to seven healthtech IPOs in 2019, and eight in 2020, Vator reports. Those numbers were already indications that the space was maturing as, before the last few years, there were, at most, two healthtech companies a year entering the public market.

So, now that all of these companies have entered the market, the next question is, how are they performing? Because that will be what determines if this trend of healthtech companies entering the public market is a fad or an enduring trend. Read more.

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Iowa City Hospital Says Lender’s Actions Amount to ‘Inexcusable’ Threats

Preston Hollow Community Capital, a lender and bondholder for Mercy Hospital-Iowa City, has filed a court petition seeking to have a receiver appointed to safeguard the hospital’s assets. Preston Hollow has also issued a public statement claiming the hospital has defaulted on loan agreements and resisted pressure to put in place a new strategy that might improve Mercy’s financial outlook.