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Sharecare Inc Stock Price, News & Analysis

SHCR Nasdaq

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.

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Sharecare, Inc. (Nasdaq: SHCR) appointed Brent Layton, a seasoned healthcare executive, to its board of directors and Audit Committee, effective January 11, 2023. Layton brings over 30 years of healthcare industry experience, including leadership roles at Centene Corporation, where he oversaw extensive Medicaid and Medicare programs. His expertise in managed care and strategic partnerships is expected to enhance Sharecare's mission of improving health access and outcomes.

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Sharecare has launched a new mindfulness-driven Diabetes Prevention Program (DPP), now recognized and approved by the CDC. This program, available to clients since January 1, 2023, integrates the CDC’s PreventT2 curriculum with Sharecare’s Eat Right Now program, aimed at reducing craving-related eating by 40%. The DPP emphasizes behavior change through mental and emotional health, offering features like coaching, a supportive community, and digital engagement tools. This marks the first CDC approval for a mindfulness-based DPP, which reflects Sharecare's commitment to holistic health solutions.

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Sharecare (Nasdaq: SHCR), a leading digital health company, announced that its chairman and CEO, Jeff Arnold, will present at the 41st Annual J.P. Morgan Healthcare Conference on January 11, 2023, at 5:15 p.m. PST. A live audio webcast of the event will be available for online access. Sharecare focuses on unifying health management through a comprehensive platform aimed at enhancing individual and population-wide well-being. The company is dedicated to making quality healthcare more accessible and affordable for all.

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Sharecare, Inc. (Nasdaq: SHCR) reported a 9% revenue increase to $114.6 million for Q3 2022, up from $105.6 million in Q3 2021. The net loss decreased to $27.4 million from $43.1 million, marking a significant improvement. Adjusted EBITDA fell slightly to $7.2 million from $7.9 million. The company aims to hit key performance indicators with plans to provide guidance for 2023 in its upcoming Q4 results. Sharecare signed a strategic agreement with Carelon to integrate its advocacy solution, enhancing its service offerings.

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On November 4, 2022, Sharecare (Nasdaq: SHCR) announced the winners of the 2022 Sharecare Awards, recognizing outstanding digital health campaigns. The awards celebrated diverse initiatives aimed at promoting health and well-being, with notable winners including South Florida PBS' Health Channel and KultureCity. The ceremony, held in collaboration with the National Academy of Television Arts & Sciences, emphasized the importance of engaging consumers in health issues such as health equity, mental health, and pandemic response. Sponsors of the event included Johnson & Johnson and Pfizer.

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Sharecare (Nasdaq: SHCR) announced it will report its third quarter fiscal 2022 financial results on November 10, 2022, before the market opens. A conference call is scheduled for 8:00 a.m. EST on the same day to discuss these results. Interested participants can access the call via phone or through a live audio webcast. A replay will be available for approximately 90 days.

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On September 20, 2022, Sharecare (Nasdaq: SHCR) unveiled nine innovative digital health solutions aimed at enhancing patient education and engagement. This initiative addresses emerging consumer needs and includes tools like Vital Voices, Rare Disease Roadmap, and Patient Connect, each designed to bridge gaps in healthcare access. The launch reflects Sharecare's commitment to improving the quality of care through tailored patient-provider interactions, aiming to empower individuals in managing their health effectively.

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Sharecare (Nasdaq: SHCR) has received a three-year Wellness and Health Promotion Accreditation from the National Committee for Quality Assurance (NCQA), recognizing its lifestyle and disease management programs, including RealAge assessments and coaching. This accreditation underscores Sharecare's commitment to enhancing health benefits for clients and their members. NCQA's rigorous standards ensure that accredited organizations meet high performance levels in health promotion. Sharecare's accreditation complements its Population Health Program Accreditation, further solidifying its status in the digital health market.

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FAQ

What is the current stock price of Sharecare (SHCR)?

The current stock price of Sharecare (SHCR) is $1.435 as of February 7, 2025.

What is the market cap of Sharecare (SHCR)?

The market cap of Sharecare (SHCR) is approximately 531.8M.
Sharecare Inc

Nasdaq:SHCR

SHCR Rankings

SHCR Stock Data

531.78M
310.31M
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Services-health Services
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