Hinge Health Appoints James Budge as Chief Financial Officer

SAN FRANCISCO , March 20 /Businesswire/ - Hinge Health, the musculoskeletal solution chosen by 4 in 5 employers and health plans, today announced the appointment of James Budge as chief financial officer. Budge brings 25 years of CFO experience across a range of public and private high-growth technology companies. In this role, he will be responsible for the company’s financial strategy, driving quarterly performance, and stewarding sustainable growth to make high-quality care more accessible and affordable.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230320005316/en/

James Budge, chief financial officer of Hinge Health (Photo: Business Wire)

“James is an exceptional business mind with a track record for delivering consistent financial results,” said Daniel Perez, co-founder and CEO, Hinge Health. “We’re really excited to welcome him to our leadership team as we enter the next phase of our growth.”

Budge joins Hinge Health at a time of unprecedented momentum. Following the company’s strong Series E funding, Hinge Health published the largest medical claims analysis ever performed for a digital musculoskeletal (MSK) solution, showing a 2.4x ROI, and surpassed its 1,000 enterprise customer milestone – closing more new customers in 2022 than the prior 7 years combined. Strategic acquisitions, including Enso and wrnch, further established Hinge Health’s technology portfolio as the most advanced in the industry, able to deliver the market’s leading member experience and strongest outcomes.

“I’m very motivated by the opportunity ahead for us at Hinge Health, and look forward to supporting innovation and growth so that more people get access to the quality care they need,” said Budge. “As a snowboarder and surfer, I’ve experienced neck and knee injuries and wish I’d had access to Hinge Health. So, like our founders Dan and Gabriel, I have a first-hand understanding of how important it is to reimagine care for MSK health.”

Budge most recently served as CFO of Automation Anywhere, where he led the company’s efforts toward profitability. His career has centered on serving as CFO to accelerate growth for public and late-stage private companies. Over his career, he has raised billions in capital, taken multiple companies public, overseen dozens of acquisitions, and led numerous efforts to improve critical infrastructure. Budge holds a bachelor’s in accounting from Brigham Young University and currently sits on the board of Shadowbox.

About Hinge Health

Hinge Health is creating a new health care system, built around you. Accessible to 25 million members across 1,250 customers, Hinge Health is the #1 digital clinic for joint and muscle pain, delivering superior member outcomes and proven claims reductions. We pair the industry’s most advanced motion technology and wearable pain relief with a complete clinical care team of physical therapists, physicians, and board-certified health coaches to help people move beyond pain and reduce surgeries and opioid use. Hinge Health’s HingeConnect integrates with 1 million+ in-person providers to enable earlier interventions for avoidable MSK surgeries. Four in five health plans and employers with a digital MSK solution trust Hinge Health, including Land O’Lakes, L.L. Bean, Salesforce, Self-Insured Schools of California, Southern Company, State of New Jersey, US Foods, and Verizon. Learn more at http://www.hingehealth.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230320005316/en/