Sharecare, an Atlanta, GA-based digital health company that allows people to manage all their health in one place, is to acquire doc.ai, a Palo Alto, CA-based enterprise artificial intelligence (AI) platform accelerating digital transformation in healthcare.
The amount of the deal – subject to customary and regulatory closing conditions, expected to occur in the first quarter of 2021 – was not disclosed.
Through the acquisition, Sharecare adds to its team more than 70 engineers with 11 PhDs who have developed technology and product offerings that enable clients to launch products faster and at lower costs. The digital health company also is making key executive leadership appointments, including naming doc.ai co-founders Sam De Brouwer and Walter De Brouwer as Sharecare’s new chief strategy officer and chief science officer, respectively, and integrating other senior management into the company’s leadership team.
Founded in 2016, doc.ai is a company accelerating digital transformation in healthcare using edge computing and privacy-preserving infrastructure with the goal of unlocking the value of health data. The company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers.
Led by Jeff Arnold, founder, chairman, and CEO, Sharecare is a digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Its data-driven virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change.