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Hinge Health
Healthtech
Hinge Health is a publicly traded digital health company providing technology-enabled physical therapy and musculoskeletal care, combining wearable sensors, an app, and virtual physical therapists.
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Hinge Health was founded in 2014 by Daniel Perez and Gabriel Mecklenburg, based on the observation that musculoskeletal conditions, including chronic back and joint pain, represent one of the largest categories of healthcare spending and lost workplace productivity in the United States, but that access to physical therapy, one of the most effective and lowest-risk treatments for many of these conditions, has historically been limited by the inconvenience and cost of attending in-person physical therapy sessions, leading many patients to instead pursue more expensive and higher-risk interventions such as opioid pain medications, injections, or surgery without first adequately trying physical therapy and other conservative treatment approaches. Hinge Health's platform combines wearable motion sensors that let the company's remote physical therapists monitor a patient's exercise form and progress without requiring in-person clinic visits, a mobile app that guides patients through personalized exercise therapy programs, and access to virtual physical therapists and health coaches who provide ongoing guidance and support throughout a patient's treatment program, aiming to make evidence-based physical therapy and musculoskeletal care meaningfully more accessible and convenient than traditional in-person physical therapy, which often requires patients to take time off work and travel to a clinic for each session. The company sells its programs primarily to self-insured employers and health plans, which cover the cost of the Hinge Health program for their employees or members as a health benefit, with the pitch that better access to conservative musculoskeletal treatment can reduce the substantial downstream costs associated with more invasive interventions like unnecessary surgery, as well as reducing lost productivity from chronic pain conditions. Hinge Health went public via a traditional initial public offering on the New York Stock Exchange in 2025. The company has raised substantial private venture funding over its history from investors including Coatue and Tiger Global prior to its public listing, competing with other digital musculoskeletal care companies including Sword Health.
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