What You Should Know: On 5/10/23, BMO, Sharecare (SHCR) delivered what appear to be, good 1Q results. Revenue of $116.3M + 15.5% y/y, compares to BTIG / FactSet consensus of $111M / $110.9M and adjusted EBITDA of $2.1M compares to BTIG /consensus of $1.2M / $1.2M. 1Q revenue exceeded the guidance range of $111M- $113M.Given the top-line beat we are optimistic that revenue guidance is conservative. Management increased 2023 revenue guidance from $450-$460M to $452.5M-$460M and 2023 adjusted
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Sharecare
Epic, Impact Advisors, Nordic, Chartis Named 2023 Overall Best in KLAS® Awards
What You Should Know: Epic, Nordic, Impact Advisors and The Chartis Group won the 2023 Overall Best in KLAS® awards. Epic was named the top Overall Software Suite for the thirteenth straight year in 2023 Best in KLAS – Software & Services report, released, which reports on the top vendors for 2022. Epic was also named the top Overall Physician Practice Vendor. Epic won thirteen other Best in KLAS awards in various market segments. - Impact Advisors tied with Nordic to be a
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Sharecare Launches VR Program to Bring Innovation to Exercise
What You Should Know: - Digital health company Sharecare launches Get Active, a new virtual reality program to help employers encourage exercise among their workforces in a fun, approachable, and accessible way. - In a pilot with its customer Lennar Corporation, one of the nation's leading homebuilders, Sharecare’s Get Active program for Meta Quest 2 yielded strong results for both healthy and high-risk Associates. Lennar Pilot Program In a pilot conducted in late 2022
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Sharecare Launches Virtual Model of its Medicare-Reimbursable Cardiac Rehab Program
What You Should Know: - Sharecare, the digital health company that helps people manage all their health in one place, today announced Ornish Lifestyle Medicine by Sharecare, the company’s Intensive Cardiac Rehabilitation (ICR) program, is now available through a virtual delivery model. - Reimbursable through Medicare and many commercial plans, Ornish Lifestyle Medicine by Sharecare is the first and only ICR program scientifically proven in randomized controlled trials to often reverse the
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Sharecare Launches SaaS for Independent Decentralized Clinical Research
What You Should Know: - Today, Sharecare announced the launch of Smart Omix, Sharecare's new scalable SaaS-based solution to empower independent researchers, clinicians, and academic institutions to conduct digitally enabled clinical research studies - Smart Omix is made for researchers by researchers and purpose-built to address technological, economic, and talent barriers to remote observational studies more commonly encountered by
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Sharecare Appoints Harsha Panyadahundi as Chief Technology Officer
What You Should Know: - Sharecare appoints Harsha Panyadahundi as Chief Technology Officer (CTO) to further the company’s goals to accelerate growth and create greater value for customers and shareholders. Harsha brings a purpose- and results-driven approach to his new role overseeing all engineering and technology development and operations across Sharecare. - Harsha joins Sharecare from Wolters Kluwer, where he led technology for its Health, Governance Risk and Compliance, and
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CareLinx by Sharecare Forms Clinical Advisory Board for Home Health Platform
What You Should Know: - Sharecare, the digital health company that helps people manage all their health in one place, today announced the formation of a clinical advisory board for its home health platform and network of caregivers, CareLinx by Sharecare. - The aim of the board is to help shape the clinical care offering from CareLinx as well as our nurse retention and recruiting efforts, so we’ve appointed 10 leaders across the nursing field – military, private practice, academia,
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Sharecare Launches Evidence-Based Mental Wellness App
What You Should Know: – Sharecare, today announced the launch of Unwinding by Sharecare, a broad-based mental well-being app designed to help people better understand how their minds work, reduce their stress, and build healthier habits. Like a virtual quick-start guide for the mind, the solution empowers people to stay grounded at the moment through evidence-based mindfulness techniques, enabling them to unwind unwanted behaviors that both result from and often exacerbate stress. - Based
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HIMSS21 Day 3 Roundup: Sharecare Acquires CareLinx, Verizon Telehealth, Samsung
Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M Sharecare today announced that it has closed its acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since
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Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M
What You Should Know: - Sharecare today announced its official entry into the home health market with the acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since 2010. - The
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