Welcome to our dedicated page for Sharecare news (Ticker: SHCR), a resource for investors and traders seeking the latest updates and insights on Sharecare stock.
Sharecare, Inc. (SHCR) is a leading digital health company dedicated to helping people manage their health efficiently and effectively in one integrated platform. Sharecare’s innovative approach provides each user with a comprehensive and personalized health profile that connects them to a wealth of information, evidence-based programs, and health professionals, ensuring they can navigate their health journey with ease.
Founded with a mission to improve health outcomes across diverse populations, Sharecare’s platform is recognized for its ability to transform user engagement from episodic to everyday interactions. It serves as a single destination for individuals, patients, and caregivers to access quality, clinically reviewed content, engage with other community members and healthcare professionals, and implement action plans provided by top institutions.
Sharecare's array of award-winning technologies, validated clinical protocols, and best-in-class coaching tools support providers, employers, and health plans in delivering scalable, outcomes-based health and wellness solutions. Notably, Sharecare has garnered numerous accolades for its innovative app-based programs, digital therapeutics, and its flagship well-being and health navigation platform, which have shown significant results in cost savings and improved health outcomes for its clients.
In recent news, Sharecare has reported exceeding the high end of revenue guidance, a decrease in net loss, and record adjusted EBITDA margins. This strong financial performance underscores the company's ability to manage costs and drive operational efficiencies. Furthermore, Sharecare is on track to achieve its $30 million annualized cost savings initiative, setting a robust foundation for continued success into 2024.
The company has also announced a leadership transition, with Brent Layton set to assume the role of CEO. Layton brings over 30 years of healthcare and public policy experience, particularly in managing large, government-funded programs. His expertise is expected to drive further growth and innovation at Sharecare.
Sharecare’s dedication to quality has earned it multiple Digital Health Awards and three-year NCQA accreditations for its complex case management, population health program, and wellness and health promotion services. These accolades highlight Sharecare’s commitment to delivering personalized, accessible, and affordable healthcare solutions.
Looking ahead, Sharecare continues to explore strategic alternatives to maximize shareholder value, including potential acquisition proposals. The company's solid financial position, innovative product offerings, and strategic leadership are poised to foster sustainable, long-term growth.
For more detailed and up-to-date information about Sharecare, visit their official website.
Sharecare (Nasdaq: SHCR) announced that co-founder and CEO Jeff Arnold, along with President and CFO Justin Ferrero, will participate in the Canaccord Genuity Virtual MedTech, Diagnostics and Digital Health & Services Forum. The event includes a fireside chat scheduled for Thursday, Nov. 18, 2021, at 9:00 a.m. EST. Interested parties can access the webcast via this link.
Sharecare is dedicated to helping individuals manage their health through a unified digital platform, enhancing overall well-being.
Sharecare (Nasdaq: SHCR) announced a presentation with UCB at the CNS Summit on Nov. 8, focusing on participant empowerment in clinical research. Led by Dr. Nirav R. Shah, the session will discuss leveraging smartphone technology for decentralized studies, yielding real-world findings. Sharecare's Smart Omix initiative aims to enhance data integrity and representation in research. A recent study showed 90% of participants would use an AI model for symptom prediction, highlighting the initiative's impact on managing myasthenia gravis.
Sharecare (Nasdaq: SHCR), a leading digital health company, announced that co-founder and CEO Jeff Arnold, along with President and CFO Justin Ferrero, will participate in the Credit Suisse 30th Annual Virtual Healthcare Conference. The event is scheduled for November 11, 2021, at 1:00 p.m. EST. A webcast link for the conference will be available on Sharecare's investor relations page. This engagement highlights Sharecare's commitment to enhancing health management through innovative digital solutions.
Sharecare (Nasdaq: SHCR) has scheduled its third quarter fiscal 2021 financial results announcement for November 10, 2021, before the market opens. A conference call to discuss the results will take place at 8:00 a.m. EST on the same day. Investors can access the call by dialing (844) 284-3435 for U.S. participants or (914) 800-3939 for international callers, using conference ID #8272107. A replay of the call will be available for approximately 90 days. Sharecare aims to unify health management through its digital platform, providing accessible and affordable care.
Sharecare announced that Dr. Nirav R. Shah, its Chief Medical Officer, has joined the Advisory Committee to the Director of the CDC. The ACD advises on policy and strategies to improve public health across the nation, focusing on health disparities. Dr. Shah expressed his honor in serving on the committee, emphasizing the CDC's vital role in creating a resilient public health infrastructure. Established in 1962, the ACD is tasked with assisting public health efforts and training local health personnel.
Sharecare (Nasdaq: SHCR) has appointed Evan Smith as senior vice president of finance and investor relations. Smith brings over 25 years of experience in the healthcare sector, previously serving at Change Healthcare where he led investor relations during its IPO. Reporting to Justin Ferrero, president and CFO, Smith will enhance investor relations and support growth initiatives. His background includes a strong reputation in financial markets and expertise in corporate strategy. This leadership change aims to strengthen Sharecare's presence in the investment community.
Sharecare (Nasdaq: SHCR) has launched Unwinding by Sharecare, a mental well-being app aimed at helping users manage stress and develop healthier habits. The app, based on research from Dr. Jud Brewer, features mindfulness techniques designed to address stress-related behaviors. Users gain access to resources like science-based classes, exclusive live events with experts, and over 100 personalized stress reduction tools. The app is available for a limited introductory price of $35.99 annually, down from $59.99. It's seen as a valuable addition to Sharecare’s digital health offerings.
On September 15, 2021, Sharecare (Nasdaq: SHCR) announced the addition of Jaffry Mohammed and Kevin O'Laughlin to its executive leadership team, aimed at accelerating growth in its Enterprise and Provider channels. Mohammed, with over 20 years in healthcare, joins from UST, while O'Laughlin comes from Salesforce, focusing on sales and account management. Sharecare serves nearly 9 million lives and aims to hire over 100 new sales personnel to enhance client engagement. The company continues to expand its client base, renewing contracts with significant partners in the healthcare sector.
Sharecare, in collaboration with Boston University School of Public Health, published a report indicating significant resilience and well-being improvements in U.S. metropolitan areas during 2020, while rural communities lagged. The report ranks the San Francisco-Oakland-Hayward area highest in community well-being, while Pine Bluff, Arkansas, ranked last. Sharecare’s Index evaluates communities based on ten domains, showcasing disparities and highlighting the need for data-driven dialogue to address health equity. The study surveyed over 453,705 residents, representing a comprehensive national perspective.
Sharecare (Nasdaq: SHCR), the digital health company, announced upcoming investor conference participations. Co-founder and CEO Jeff Arnold, along with President and CFO Justin Ferrero, will attend the Morgan Stanley Virtual Global Healthcare Conference on September 9, 2021, at 8:00 a.m. ET, and the Baird's 2021 Global Healthcare Conference on September 14, 2021, at 9:05 a.m. ET. Sharecare aims to unify health management, making care accessible and affordable. The company recently completed a merger with Falcon Capital Acquisition Corp., gaining over $571 million in gross proceeds.
FAQ
What is the current stock price of Sharecare (SHCR)?
What is the market cap of Sharecare (SHCR)?
What does Sharecare, Inc. do?
How does Sharecare's platform benefit users?
What recent financial achievements has Sharecare reported?
Who is the new CEO of Sharecare?
What awards has Sharecare recently won?
What accreditations has Sharecare achieved?
What strategic initiatives is Sharecare currently exploring?
How does Sharecare support healthcare providers and employers?
How can I learn more about Sharecare's services?
Who can benefit from Sharecare's platform?
