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 (formerly Nasdaq: SHCR) is a digital healthcare company that frequently features in health technology, corporate, and community well-being news. Company announcements highlight its efforts to improve care quality, drive better outcomes, and lower costs through a comprehensive, data-driven virtual health platform that helps people manage their health in one place. News coverage often focuses on how Sharecare’s software and tech-enabled services support health plans, providers, employers, government organizations, communities, and life sciences brands.
Readers following Sharecare-related news can expect updates on new digital navigation capabilities, such as platforms purpose-built for specific populations, as well as developments across its three business channels: health plan sponsors and health plans, provider-focused Health Data Solutions, and life sciences engagement. Articles describe how Sharecare’s tools address issues like low health literacy, treatment adherence, and communication gaps between patients and providers through interactive, condition-specific education and immersive media experiences.
Corporate news has also included information about Sharecare’s strategic and financial milestones, such as quarterly financial results, strategic reviews, and the process leading to its acquisition by Altaris, LLC. These releases provide insight into the company’s operational priorities, including cost optimization initiatives, globalization efforts, and investments in innovation across its platform and service lines.
In addition, Sharecare appears in stories about population health and community well-being through Blue Zones Project by Sharecare, which works with local partners to implement evidence-based best practices in environment, policy, and social connection. For investors and observers interested in digital health, health information management, and population well-being initiatives, the Sharecare news feed offers a centralized view of the company’s product launches, strategic transactions, and program outcomes. Users may find it helpful to revisit this page regularly to see the latest company-issued updates and related coverage.
Sharecare (SHCR) and the Rosalynn Carter Institute for Caregivers have launched a co-developed mini course aimed at supporting family caregivers through the Unwinding by Sharecare mental well-being app. This initiative responds to findings that 83% of caregivers reported increased stress due to COVID-19. The course offers strategies to manage caregiver stress and improve self-care. Sharecare is extending a free year of the app to 450,000 CareLinx caregivers. The app is currently priced at $35.99, discounted from the regular $59.99.
Sharecare (Nasdaq: SHCR) reported Q3 2021 revenue of $105.6 million, a 32% increase from the previous year. However, the company faced a net loss of $43.1 million, significantly higher than the $6.4 million loss reported last year, mainly due to non-cash costs and acquisition expenses. Adjusted EBITDA decreased to $7.9 million from $13.3 million. For Q4, Sharecare expects revenue between $120.3 million and $121.3 million, and full-year guidance remains at $414 million to $415 million.
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.
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