Sharecare acquires behavioral health firm MindSciences - Business Insider

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Boosting telemental health services is a smart bet for Sharecare, as it can bring in consumers amid the pandemic and retain their interest

population health platform Visualize Health in February, which will help providers identify any quality measure gaps in documentation.

And previously, it partnered with the state of Georgia and Walmart to boost the health of employees participating in the State Health Benefit .

Lesser-known virtual care companies have to contend with big-name telehealth vendors and the threat of big tech companies moving in on telehealth — so, we expect the likes of Sharecare to further diversify their products to remain competitive.

As these giant firms with consumer mindshare continue to dominate — or encroach upon — the virtual care space, we think smaller or lesser-known digital health companies will likely find themselves pressured to continue diversifying their portfolios to include a variety of remote healthcare services — like integrating chronic disease management platforms, for instance — in order to remain relevant and ultimately attract more clients.

 

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