Sharecare

Sharecare, Inc. is a digital healthcare company engaged in unifying elements of individual and community health into one experience. It is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. The company was founded by Jeffrey T. Arnold in 2009 and is headquartered in Atlanta, GA.

Earnings data Q2 2021

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Sharecare reports strong revenue growth and strategic initiatives for 2023

Sharecare's Q4 2022 performance reflects revenue growth and operational improvements across key segments.
The company's strengths lie in successful acquisitions, operational efficiency, and diversified revenue streams.
Challenges include market valuations, margin sustainability, and balancing growth with conservative guidance.
Opportunities exist in strategic initiatives, potential business combinations, and leveraging assets for future growth.

Sharecare posts strong Q1 results, eyes sustained growth in 2024

Sharecare's Q1 2023 earnings call highlighted robust financial performance, driven by revenue growth and operational improvements. The company's strategic focus on organic growth, cost savings, and shareholder value maximization sets a positive trajectory for future growth.

Sharecare surpasses Q2 earnings targets, poised for growth ahead

Sharecare's Q2 performance exceeded expectations, demonstrating strong revenue growth and operational effectiveness.
The company's innovative programs and technologies are driving engagement and cost savings, setting a positive trajectory.
With a focus on efficiency and strategic initiatives, Sharecare is well-positioned for continued success and growth.

Sharecare exceeds Q3 expectations, navigates leadership transition and strategic review

Sharecare's strong Q3 performance, focus on government programs, and leadership transition underpin its growth trajectory. Challenges include evaluating proposals and managing transitions, while opportunities lie in value-based care and strategic decisions. Sharecare's strategic positioning and leadership changes set the stage for continued growth and value creation.

Sharecare achieves cash flow breakeven, focuses on growth opportunities

Sharecare's Q4 performance showed progress towards financial stability and growth despite challenges from disputed contracts
The company's strengths lie in innovation, growth opportunities in healthcare markets, and CEO's experience in scaling successful ventures
Challenges persist with disputed contracts impacting financials, requiring focused efforts to resolve and ensure future stability
Opportunities in GLP-1 innovation, Medicaid navigation platform, and market expansion offer avenues for sustained growth and differentiation

Sharecare explores sale options amidst revenue growth and legal challenges

Sharecare's Q1 2024 performance reflects mixed results with revenue growth but negative adjusted EBITDA, prompting a focus on cost management.
The company's strategic initiatives include potential sale discussions, channel expansions, and the launch of new platforms for revenue diversification.
Despite challenges from legal disputes, Sharecare's partnerships and financial strengths position it well for future growth and operational improvements.

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Company secures top spot in seven categories, including Connected Digital Health: Disease Management / Population Health Management for its Enterprise platform Company secures top spot in seven categories, including Connected Digital Health: Disease Management / Population Health Management for its Enterprise platform

Sharecare wins 32 Digital Health Awards in 2023 competition

General public invited to vote for Sharing Care Award through June 16; winner announced live on stage at HLTH 2023 on Monday, Oct. 9 General public invited to vote for Sharing Care Award through June 16; winner announced live on stage at HLTH 2023 on Monday, Oct. 9

Sharecare reveals finalists in the 2023 Sharecare Awards

Sharecare, Inc. (NASDAQ:SHCR ) Q1 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Jeff Arnold - Co-Founder, Chairman, Chief Executive Officer Justin Ferrero - President and Chief Financial Officer Jaffry Mohammed - Chief Operating Officer Conference Call Participants David Larsen - BTIG Richard Close - Canaccord Genuity Eric Percher - Nephron Research Operator Good day and welcome to the Sharecare First Quarter 2023 Earnings Call and Webcast. All participants are in listen-only mode.

Sharecare, Inc. (SHCR) Q1 2023 Earnings Call Transcript

Sharecare, Inc. (SHCR) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.02 per share a year ago.

Sharecare, Inc. (SHCR) Reports Q1 Loss, Tops Revenue Estimates

ATLANTA, May 10, 2023 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter ended March 31, 2023.

Sharecare announces first quarter 2023 financial results and operational highlights

ATLANTA, April 12, 2023 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that it will report first quarter fiscal 2023 financial results on Wednesday, May 10, 2023, before the market opens. In conjunction, the company will host a conference call to review results at 8:00 a.m. EDT on the same day.

Sharecare to report first quarter fiscal 2023 financial results on Wednesday, May 10

The heavy selling pressure might have exhausted for Sharecare, Inc. (SHCR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging -41.08% in 4 Weeks, Here's Why the Trend Might Reverse for Sharecare, Inc. (SHCR)

Sharecare increased yearly revenue by 7%. The company focuses on digital health offerings.

Why Shares of Sharecare Slumped on Wednesday

Sharecare, Inc. (NASDAQ:SHCR ) Q4 2022 Earnings Conference Call March 29, 2023 8:00 AM ET Company Participants Jeff Arnold - Chairman and CEO Justin Ferrero - President and CFO Jaffry Mohammed - Chief Operating Officer Conference Call Participants David Larsen - BTIG Richard Close - Canaccord Genuity Craig Hettenbach - Morgan Stanley Eric Percher - Nephron Research Operator Good day. And welcome to the Sharecare Fourth Quarter and Full Year 2022 Earnings Call and Webcast.

Sharecare, Inc. (SHCR) Q4 2022 Earnings Call Transcript

ATLANTA , March 29, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter and year ended December 31, 2022. "We are pleased with our financial performance in the quarter and over the full year, during which we hit several key milestones for our core Enterprise business, including contracting over 900,000 new eligible lives for Sharecare+, our digital-first advocacy solution, and 1.8 million new members for CareLinx, our tech-enabled home health offering, as well as exceeding our target KPI for eligible lives with 12.4 million," said Jeff Arnold, chairman and CEO of Sharecare.

Sharecare announces fourth quarter and full year 2022 financial results and operational highlights

Sharecare is an American Digital Health platform started by the founder of WebMD. Sharecare has the potential to excel in healthcare due to its capabilities in AI.

Sharecare: Cheap For A Reason

ATLANTA , March 20, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that it has been honored with a Top Workplaces 2023 Award by the Atlanta Journal-Constitution. Earning this award for the second consecutive year, Sharecare is distinguished among 175 companies that excel in training, benefits, and leadership in the 17-county metro Atlanta region.

Atlanta Journal-Constitution names Sharecare a winner of the Metro Atlanta Top Workplaces 2023 Award

ATLANTA , March 13, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that it will report fourth quarter and full year fiscal 2022 financial results on Wednesday, March 29, 2023, before the market opens. In conjunction, the company will host a conference call to review results at 8:00 a.m.

Sharecare to report fourth quarter and full year fiscal 2022 financial results on Wednesday, March 29

NEW YORK , March 2, 2023 /PRNewswire/ -- Empathy , a platform helping families navigate the emotional and logistical challenges of loss, today announced that it is now available to employers through a partnership with Sharecare (NASDAQ: SHCR), the digital health company that helps people manage all their health in one place. Empathy will complement Sharecare's tech-enabled home care offering, CareLinx by Sharecare, by providing full-circle support for employee caregivers.

Sharecare and Empathy partner to Empower Organizations to Provide Full-Circle Bereavement Support for Employee Caregivers

CareLinx by Sharecare delivers targeted care management programs and transitional care on behalf of payors, employers, and health systems ATLANTA , Feb. 27, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced it has expanded its home care offerings beyond Medicare Advantage to deliver targeted care management programs and transitional care for high-risk populations across all lines of business within health plans, as well as large employers and health systems. With several of the largest payors in the U.S. already among Sharecare's home care customers, CareLinx by Sharecare is currently available to over 2 million Medicare Advantage members as a supplemental benefit, with nearly half of those in transitional care programs.

Sharecare expands home care offering beyond Medicare Advantage to deliver comprehensive personalized clinical and non-medical services to high-risk populations

ATLANTA , Feb. 14, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place today announced the call for entries for the 2023 Sharecare Awards, which recognize best-in-class productions and programs that promote well-being and embody the spirit of "sharing care." Entries for the 2023 Sharecare Awards will be accepted through April 30, 2023, across 13 categories that span important areas of health and wellness.

Call for entries in fifth annual Sharecare Awards open through April 30

ATLANTA , Feb. 9, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place today announced that its release of information (ROI) solutions have been ranked No. 1 in the "2023 Best in KLAS: Software & Services" report, which highlights the top-performing healthcare IT solutions as determined by extensive evaluations and feedback from thousands of healthcare providers.

Sharecare ranked No. 1 in "2023 Best in KLAS: Software & Services" report for its release of information solutions

Cities in Southwest Florida experience dramatic health and well-being gains since implementing Blue Zones Project NAPLES, Fla. , Jan. 31, 2023 /PRNewswire/ -- Blue Zones, LLC, and Sharecare (Nasdaq: SHCR) today announced that the Southwest Florida communities of Naples, Immokalee, Ave Maria, Bonita Springs, Estero, Golden Gate, East Naples, and Marco Island each have achieved Blue Zones Community® certification, marking the first places to earn the designation in Florida as well as the Southeast U.S. The certification recognizes the measurable success of Southwest Florida's well-being transformation through the implementation of Blue Zones Project®, a pioneering population health initiative that brings evidence-based best practices in built environment, policy, and social connection to participating communities.

Eight communities in Florida's Collier and Lee counties become first to achieve Blue Zones Community certification in Southeast US

"Get Active" pilot with Lennar Corporation yields 82% engagement rate, 280% increase in average weekly exercise minutes among high-risk employees ATLANTA and MIAMI , Jan. 26, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced the launch of Get Active, a new program to help employers encourage exercise among their workforces in a fun, approachable, and accessible way, using the immersive power of virtual reality (VR). In a pilot with its customer Lennar Corporation, one of the nation's leading homebuilders, Sharecare's Get Active program for Meta Quest 2 yielded strong results for both healthy and high-risk Associates.

Sharecare launches VR program to improve well-being of American workforce and bring innovation to exercise

ATLANTA , Jan. 18, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced Ornish Lifestyle Medicine by Sharecare, the company's Intensive Cardiac Rehabilitation (ICR) program, is now available through a virtual delivery model. Reimbursable through Medicare and many commercial plans, Ornish Lifestyle Medicine by Sharecare is the first and only ICR program scientifically proven in randomized controlled trials to often reverse the progression of coronary heart disease and many other chronic conditions, without drugs or surgery.

Sharecare launches virtual model of its Medicare-reimbursable cardiac rehabilitation program, Ornish Lifestyle Medicine

ATLANTA , Jan. 11, 2023 /PRNewswire/ -- Sharecare, Inc. (Nasdaq: SHCR) ("Sharecare"), the digital health company that helps people manage all their health in one place, has appointed healthcare industry veteran and retiring Centene Corporation executive Brent Layton to its board of directors and Audit Committee, effective today. Mr.

Sharecare appoints Brent Layton to board of directors

New digital therapeutic from Sharecare is first evidence-based, mindfulness-driven diabetes prevention curriculum recognized and approved by CDC ATLANTA , Jan. 9, 2023 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that its new mindfulness-driven Diabetes Prevention Program (DPP) has been recognized and approved by the CDC. Available exclusively to Sharecare's employer, health plan, and government customers through its digital therapeutics marketplace, the CDC-approved program launched to eligible client populations on Jan. 1, 2023.

Sharecare's new mindfulness-driven Diabetes Prevention Program recognized and approved by CDC

ATLANTA , Dec. 28, 2022 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that its chairman and CEO, Jeff Arnold, will present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, Jan. 11, 2023 at 5:15 p.m.

Sharecare to present at 41st Annual J.P. Morgan Healthcare Conference

Sharecare, Inc. is in a challenging industry with plenty of opportunities. Sharecare has an integrated platform that addresses many pain point.

Sharecare: Stay On The Sideline Until Valuation Gets Cheaper

Awards celebrate Sharecare's health and well-being platform, digital therapeutics, patient education tools, and initiatives to promote diversity, equity, and inclusion in healthcare ATLANTA , Nov. 30, 2022 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced it has won Fall 2022 Digital Health Awards across 20 categories – the most the company has received in a single competition to date. Now in its 24th year, the Health Information Resource Center's semiannual Digital Health Awards honors the best online and virtual health resources for both consumers and professionals.

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