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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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Wellstar Invests $10M to Become First Sharecare-Enabled Health System
Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and consumer engagement. Through this partnership, Wellstar also will become the first “Sharecare-enabled” health system in the country, utilizing Sharecare’s solutions to
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation
What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai
What You Should Know: - Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. - Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers. - As part of the acquisition, Anthem will now become a strategic partner with Sharecare. Sharecare, the digital health company that helps people manage all
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund
What You Should Know: - Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. - Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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Amazon Alexa, Sharecare Integrate to Answer More than 80k Health & Wellness Questions
What You Should Know: - Sharecare integrates with Amazon Alexa’s voice service
to answer more than 80,000 health and wellness questions. - And now, when Alexa responds to customers’ questions
about health topics, Sharecare is among the roster of trusted health
information sources to which the voice service attributes answers. Sharecare, the digital health
company that helps people manage all their health in one place through its
comprehensive and data-driven virtual
heath
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