Morgan Stanley Exceptional Leaders: Hinge Health: A Digital Success Story

Summary

Morgan Stanley analyst Craig Hettenbach interviews Hinge Health CEO Daniel Perez about how the company uses AI, motion tracking, and care automation to deliver physical therapy more conveniently and at lower cost. Perez explains Hinge Health's employer-led adoption, expansion into pelvic health and migraines, and IPO preparation. The discussion highlights Hinge Health as a rare digital health success story with potential to expand into more care categories.

• Hinge Health digitizes physical therapy using smartphone motion tracking and AI.
• Automation reduces clinician hours while improving pain reduction and adherence.
• Employers and health plans adopt it to lower healthcare costs and downstream claims.
• Hinge Health expands into pelvic floor health and migraines, with an FDA-cleared migraine program.
• Perez discusses IPO readiness, forecasting, cost structure, and reaccelerated growth.
• Digital health broadly has struggled, making Hinge Health an exception.