ATLANTA and WORCESTER, Mass. – June 3, 2020 – Sharecare, the digital health company that helps people manage all their health in one place, today announced that it has acquired MindSciences, the leader in evidence-based behavior change apps. Founded by renowned neuroscientist and behavior change expert, Dr. Jud Brewer, MindSciences provides best-in-class digital therapeutics that help people reverse unhealthy habits involving food, tobacco, stress and anxiety – which contribute to the most costly and widespread health issues in the United States. This acquisition builds on Sharecare’s existing partnership with MindSciences, through which its tobacco cessation program was made available to the digital health company’s payer, provider, government and employer group customers.
“We are deeply committed to helping our client partners deliver best-in-class digital therapeutics to those in their populations that need them most, which is why we partnered with MindSciences in the first place. And as levels of worry and unhealthy behavior skyrocketed across the country in April, behavioral health and remote patient monitoring have become increasingly critical, particularly as employers across the country prepare to return to work,” said Jeff Arnold, founder, chairman and CEO of Sharecare. “In the wake of COVID-19 in particular, our acquisition of MindSciences is a major step forward in optimizing the Sharecare platform to help our partners navigate the next phase of the pandemic while empowering their people to overcome habits they may have developed to cope, reclaim their well-being and build resilience for the future.”
According to more than 120,000 responses to Sharecare’s Flatten the Curve survey, the COVID-19 pandemic has escalated what was already a major mental well-being crisis in the United States, with 9 in 10 Americans reporting they are impacted by feelings of worry about the novel coronavirus and 1 in 5 reporting severe levels of stress and anxiety. Further, Flatten the Curve also found that each financial stressor tracked by the survey, including change in pay, likelihood of retaining employment, and ability to pay bills, was associated with higher odds of experiencing negative health behavior changes across exercise, eating habits, sleep, smoking and alcohol consumption – of which 58% of Flatten the Curve respondents exhibited one or more of since COVID-19.