In July 2015, NantHealth announced plans to file an IPO by the end of the year, but in December, founder Patrick Soon-Shiong, MD, decided to delay going public due to market conditions.
“We’re basically ready. The problem is, we don’t want to go out in the current market,” he previously told Los Angeles Times.
NantHealth’s IPO seeks to raise up to $92 million in capital. The company’s ticker symbol on the Nasdaq is NH.
More articles on health IT:
EHR replacements causing more harm than good, survey finds: 10 key findings
17 most innovative healthcare companies, as ranked by InformationWeek
6 key takeaways on health system telemedicine integration
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.