Sharecare is acquiring QualityHealth, a platform for identifying patients at large scale, and activating them to take relevant health-specific actions. Sharecare has more than 50 million registered members while touching 100 million health consumers each month across 175 different health, wellness and therapeutic categories. Financial terms of the deal were not disclosed.
“This acquisition enables us to reach and empower more people – tens of millions more, in fact – to take control of their health and help them live their healthiest lives,” said Jeff Arnold, chairman and CEO of Sharecare.
The acquisition of QualityHealth has the potential to more than triple Sharecare’s reach into the markets supported by its pharmaceutical and health system partners. Moreover, the combination of QualityHealth’s patient activation engine with Sharecare’s engagement platform allows the companies to pursue opportunities with other segments that demand large-scale acquisition capabilities, such as health plans and health exchanges.
QualityHealth’s Chairman and CEO Rob Rebak will join Sharecare as President of Consumer Solutions for Sharecare. He will continue to oversee QualityHealth, and will also lead a new centralized Sharecare team focused on consumer revenue, partnerships and member acquisition. As part of the deal, QualityHealth will retain its office in Jersey City, NJ.