MobiHealth News June 25, 2024
Jessica Hagen

The acquisition will see the publicly traded healthcare-navigation company become a privately held business.

Publicly traded Sharecare, which offers a patient engagement and health navigation platform, has entered into a definitive agreement to be purchased by healthcare investment firm Altaris in a $518 million deal that will see the digital health company go private.

Sharecare offers a virtual healthcare navigation platform for individuals, employers, government organizations, communities, health plans and providers.

In addition to its navigation-focused offerings, the company provides patient education content, proprietary mobile apps and digital therapeutics, including ones for tobacco cessation and anxiety.

Per the terms of the agreement, Sharecare stockholders will receive $1.43 per share, which is approximately 85% over the closing price of...

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Topics: Digital Health, Mergers & Acquisitions / JV, Technology, Trends
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