Publicly traded Sharecare, an organization that gives a affected person engagement and well being navigation platform, has entered right into a definitive settlement with healthcare funding agency Altaris to accumulate the digital well being firm for $518 million in a deal that can take the digital well being firm personal change.
Sharecare gives a digital healthcare navigation platform for people, employers, authorities organizations, communities, well being plans and suppliers.
Along with its navigation-focused merchandise, the corporate presents affected person training content material, proprietary cell purposes and digital therapies, together with smoking cessation and nervousness therapies.
Below the phrases of the settlement, Sharecare shareholders will obtain $1.43 per share, roughly 85% of the closing worth Sharecare shares as of June 20, the final buying and selling day earlier than the settlement was publicly disclosed.
“After embarking on a considerate course of to maximise shareholder worth and finest place Sharecare for continued progress and success, we fastidiously evaluated our choices. Our Board of Administrators has decided that this transaction is in one of the best pursuits of Sharecare and its shareholders , and Sharecare founder and government chairman of the board Jeff Arnold mentioned in a press release:
bigger development
The Sharecare acquisition is the newest in a collection of acquisitions M&A in digital well being this 12 months.
February, Direct Main Care Supplier Everside Well being and employer well being supplier Marathon Well being have merged to offer main care companies to sufferers, workers and union-sponsored shoppers utilizing a value-based care mannequin.
in April, GE HealthCare introduced the completion of its acquisition of synthetic intelligence and imaging options firm MIM Software program.
Staffing and Workforce Administration Firms ShiftMed additionally introduced the acquisition of managed workforce options supplier CareerStaff Limitless, and affected person administration firm ABOUT Healthcare introduced the acquisition of synthetic intelligence analytics platform Edgility.
A month later, Seoul-based medical machine producer Samsung Medison introduced that it has agreed to totally purchase Sonio, a French fetal ultrasound synthetic intelligence firm, for 126 billion gained ($92 million).
thoughtsAn organization that gives prescription video video games and over-the-counter digital therapies for folks with ADHD has signed a definitive merger settlement with psychological well being and health firm Digital Therapeutics in a deal valued at $34 million.
This month, Pennsylvania-based behavioral well being firm NeuroFlow introduced the acquisition of Owl, a behavioral digital well being firm, and Knowwell, a hybrid main and metabolic care supplier, introduced the acquisition of Alfie Well being, a synthetic intelligence precision metabolic well being administration firm.
Yesterday, headquartered in New York Progyny, a publicly traded employer-focused fertility and household constructing firm, introduced the acquisition of Berlin-based fertility advantages platform Apryl.
CIO Join, a HIMSS skilled growth program designed to develop aspiring well being IT leaders, will likely be accepting purposes by means of June 2024.
