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 innovator providing unified health management solutions through its data-driven platform. This news hub offers investors and stakeholders timely access to official corporate announcements, financial updates, and strategic developments.
Bookmark this page for verified updates including earnings reports, partnership announcements, product innovations, and regulatory milestones. Our curated collection ensures you stay informed about SHCR's initiatives in personalized care technologies, population health programs, and value-based healthcare partnerships.
Discover updates across key categories: quarterly financial results, clinical protocol advancements, employer health program expansions, and platform feature launches. All content is sourced directly from Sharecare's communications to ensure accuracy and compliance with disclosure standards.
Return regularly to track SHCR's progress in transforming healthcare delivery through integrated digital solutions. For comprehensive analysis of how these developments impact the company's market position, combine this resource with Stock Titan's financial tools and research reports.
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.
Sharecare (Nasdaq: SHCR) announced on Aug. 18, 2021, enhancements to its digital health solutions aimed at improving patient engagement for pharmaceutical and life sciences brands. Four new tools, launching in Q4 2021, include a social media aggregator, a condition-specific chatbot, a virtual assistant, and interactive data visualization features. These tools are designed to address unique health needs and enhance the overall health journey for users, helping them access information and resources effectively. Sharecare aims to foster better connections between patients and healthcare brands with these innovations.
Sharecare (Nasdaq: SHCR) announced that its CEO Jeff Arnold and CFO Justin Ferrero will present at the BTIG HIMSS Digital Health Virtual Booth Tour on August 12, 2021, at 10:00 a.m. E.T. The presentation will showcase how Sharecare, a leading digital health company, helps individuals manage their health through a comprehensive platform. Sharecare aims to improve access to quality care and promotes positive health behaviors. For details, the webcast link is available here.
On August 11, 2021, PM360 announced finalists for its 13th annual Trailblazer Awards, celebrating innovation in the life sciences industry. A total of 139 finalists were named across six categories, focusing on outstanding achievements of companies, marketers, and initiatives. Ed Wise, CEO of Omnicom Health Group, received the Lifetime Achievement Award for his contributions to healthcare communications. Winners will be recognized during a virtual event on September 23, 2021. The awards highlight the industry's resilience and commitment to supporting patients and healthcare providers during the pandemic.
Sharecare (Nasdaq: SHCR) reported financial results for Q2 2021, achieving revenue of $98.5 million, a 26% increase year-over-year. The company updated its FY 2021 revenue outlook to $414M to $415M, reflecting strong performance. Despite a net loss of $20.2 million, adjusted EBITDA reached $6.6 million, exceeding guidance. The acquisition of CareLinx aims to enhance care coordination and adds $2 million in revenue for Q3 2021. FY 2021 EBITDA is now expected to be $28M to $30M, down from $31M due to acquisition costs.
Sharecare (Nasdaq: SHCR) has successfully closed the acquisition of CareLinx, a leading digital platform for tech-enabled care providers, from Europ Assistance. This $65 million deal consists of $54.6 million in cash and $10.4 million in stock. The acquisition is expected to enhance Sharecare's digital health platform by integrating CareLinx's network of over 450,000 caregivers, thus improving home-based care solutions. CareLinx aims to achieve $20 million in revenue for 2021, with an organic growth projection of at least 75% in 2022, expanding Sharecare's total addressable market by $7 billion for home care.
Tivity Health (Nasdaq:TVTY) reported Q2 2021 revenues of $120.1 million, a 47% increase from Q2 2020, driven largely by SilverSneakers which saw a $41.6 million rise in revenue due to increased gym visits. However, income from continuing operations fell to $8.8 million, down $8.4 million year-over-year, impacted by a $19 million loss on debt refinancing. Adjusted EBITDA remained steady at $41.5 million but as a margin, it dipped to 34.6%. The company ended the quarter with $24.2 million in cash and a net leverage ratio of 2.18.
Sharecare (Nasdaq: SHCR) will release its fiscal Q2 2021 financial results on August 11, 2021, before market open. A conference call will occur at 8:00 a.m. ET on the same day to discuss the results, accessible via phone or live audio webcast. The call will be available for replay for approximately 90 days. Sharecare focuses on unifying health management through its digital platform, aimed at enhancing individual and population well-being.
FAQ
What is the current stock price of Sharecare (SHCR)?
What is the market cap of Sharecare (SHCR)?
