Employer healthcare cost management software vendor Castlight Health had a very successful 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 shouldnt assume that they are the next Castlight, he cautions.
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