Sharecare (Nasdaq: SHCR) – the digital health company that owns the home-based care platform CareLinx – is set to be acquired. An affiliate of Altaris Capital – a health care investment firm – is acquiring the company for $1.43 per share, which represents a premium of 85% on Sharecare’s closing price as of June 20. […]
Sharecare
Tameco Brewster, Home Care Specialist for Sharecare, has been named a 2023 Frontline Honors honoree by Home Health Care News. To become a Frontline Honoree, an individual is nominated by their peers. The candidate must be a dedicated, high-performing frontline worker who delivers exceptional experiences and outcomes; a passionate worker who knows how to put […]
Sharecare CEO Brent Layton took on his role at the company less than two weeks ago. He’s already touting the company’s post-acute care capabilities. “The assets that are at Sharecare today, like CareLinx, give us the ability to truly impact the post-acute care space,” Layton said at the J.P. Morgan Healthcare Conference Wednesday. “To work […]
Sharecare Inc. (Nasdaq: SHCR) – a large digital health company that owns the home-based care coordinator CareLinx – confirmed last week that it had received an unsolicited acquisition proposal from Claritas Capital. Specifically, Claritas Capital’s proposal included an acquisition of all of the outstanding shares of Sharecare common stock “for cash consideration of between $1.35 […]
Home-based care startups and large payer-provider hybrid companies are not alike in many ways. One way in which they are similar, though, is their belief that they can drive care in the home forward. That’s one takeaway from a recent panel discussion that took place at the 2023 HLTH conference. A company like Humana Inc. […]
Home-based care providers continue to look toward technology to address workforce issues. While there’s no silver bullet, those providers are gaining traction. One of the companies that believes it is uncovering new ways to optimize care through technology is Atlanta-based Sharecare (Nasdaq: SHCR). “One of the things that we leverage our technology for at CareLinx […]
The acquisition of technology-enabled home health company CareLinx continues to pay off for Sharecare (Nasdaq: SHCR). Under Sharecare ownership, CareLinx has seen “explosive growth,” Sharecare Chairman and CEO Jeff Arnold explained Wednesday during a fourth-quarter earnings call. The growth includes adding 1.8 million new members to CareLinx in 2022 while outpacing revenue expectations. “We expanded […]
Sharecare Inc. (Nasdaq: SHCR) has expanded its home care offerings. The company will now bring its care management and transitional care programs for high-risk populations to more than just Medicare Advantage beneficiaries. “We are going to leverage our homegrown network of around 450,000 caregivers – combined with our technology wrapper – to manage the transition […]
CareLinx — a tech-enabled home-based care company that coordinates personal care services and offers clinical care services — is trending upwards. Sharecare (Nasdaq: SHCR) CEO Jeff Arnold offered up this update during the company’s third-quarter earnings call Thursday. The digital health company Sharecare is a virtual platform that helps people manage all their health needs […]
CareLinx, now a part of Sharecare, has had an eye on Medicare Advantage (MA) opportunities ever since in-home care services became a benefit under MA plans. The company is now seeing the fruits of its labor. On Tuesday, Atlanta, Georgia-based Sharecare (Nasdaq: SHCR) announced that more than 400 MA plans are utilizing CareLinx to scale […]
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