Sharecare, a publicly traded digital health company, has agreed to be purchased by Altaris for $518 million, taking the company private. Sharecare offers a virtual healthcare navigation platform and digital therapeutics for various health conditions. The deal will see stockholders receive $1.43 per share, representing an 85% premium. This acquisition is part of a trend of mergers and acquisitions in the digital health sector, including deals involving Everside Health, GE Healthcare, and Akili. Additionally, companies like NeuroFlow and Progyny have recently announced acquisitions in the behavioral health and fertility spaces. CIO Connect, a program by HIMSS, is accepting applications for aspiring health IT leaders.
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Investment firm Altaris acquires digital health company Sharecare for $518M
