Carefirst Made Strategic Investment in Sharecare
January 2018 – CareFirst BlueCross BlueShield, through an affiliate, recently made a strategic investment in Sharecare, Inc. England Securities served as financial advisor to CareFirst in connection with the structuring of this investment. CareFirst also signed a contract with Sharecare to provide CareFirst members with comprehensive wellness and disease management services, beginning in 2019.
Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person – no matter where they are in their health journey – with a comprehensive and personalized health profile, where they can dynamically and easily connect to the information, evidence-based programs and health professionals they need to live their healthiest, happiest and most productive life. In addition to providing individual consumers with direct access to award-winning and innovative frictionless technologies, scientifically validated clinical protocols and best-in-class coaching tools, Sharecare also helps providers, employers and health plans effectively scale outcomes-based health and wellness solutions across their entire populations.
CareFirst BlueCross BlueShield, based in Baltimore, MD, is an independent licensee of the Blue Cross and Blue Shield Association. Through its affiliates and subsidiaries, CareFirst BlueCross BlueShield offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.