HIT START-UPS: Castlight IPO Could Inflate Hopes of Emerging HIT Firms

Employer healthcare cost management software vendor Castlight Health had a rousing initial public offering of stock on March 14, which is good news for emerging healthcare information technology companies. But some tempering of enthusiasm would be wise, counsels Paul Teitelbaum, managing director of the investment banking group at Mesirow Financial in Chicago. Plain and simple, other young HIT companies shouldn't assume they are the next Castlight, he cautions.

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