Sharecare announces 3rd quarter 2022 financial results and operational highlights.
ATLANTA: Sharecare, Inc. (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter ended September 30, 2022.
"Sharecare delivered another solid quarter and executed on our strategy as evidenced by: our revenue growth; expanding our EBITDA margins; tracking to hit our core KPIs of 12 million eligible lives and six million records processed by year end; and signing a multi-year strategic agreement with Carelon, the healthcare service subsidiary of Elevance Health, to integrate our digital-first advocacy solution, Sharecare+, into their health guide services for hundreds of thousands of their members," said Jeff Arnold, co-founder, chairman, and CEO of Sharecare. "While our advocacy solution is resonating well, the momentum we're experiencing in our Enterprise channel is about more than that; our partners recognize that the sum total of what Sharecare has assembled over the last decade is greater than its parts."
Mr. Arnold added, "We believe Sharecare is uniquely positioned to solve our clients' biggest pain points through our comprehensive, interoperable platform that delivers an impactful member experience with ease of implementation, whether onboarding a client population for the first time or introducing existing members to new clinical capabilities, such as advocacy or home health. I'm proud of what we've accomplished so far this year and feel we are incredibly well...
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