Digital health company Sharecare acquires MindSciences

Sharecare

Sharecare has announced that it has acquired MindSciences, the leader in evidence-based behaviour change apps

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 behaviour change apps.

Founded by renowned neuroscientist and behaviour 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.

Based on more than a decade of peer-reviewed scientific research yielding more than 70 publications, MindSciences’ programs help people understand how their brain works and how habits are formed through reward-based learning. Through a series of clinically validated, interactive daily modules with mindfulness lessons and exercises, MindSciences leverages that same system used to form bad habits – including smoking, overeating and anxiety – to unwind them for good.

With over $15 million in funding for its research from organizations including the American Heart Association, National Institutes of Health, National Cancer Institute and National Institute on Drug Abuse, to name a few, studies on the effectiveness of MindSciences’ programs have been conducted with more than 3,000 clinical trial participants and tens of thousands of real-world users.

Director of research and innovation at the Mindfulness Center at Brown University and associate professor of psychiatry at The Warren Alpert Medical School, Dr. Brewer (M.D., Ph.D.) has dedicated his career to researching how the human brain forms negative behaviour patterns, habits and addictions, and the specific techniques needed to create lasting change. In addition to training U.S. Olympic athletes and coaches, foreign government ministers and corporate leaders, Dr. Brewer frequently appears as an expert in the media; and his TED Talk, “A Simple Way to Break a Bad Habit,” was the fourth most viewed of 2016 and, to date, has generated over 15 million views.

The widespread and persistent worry Americans are experiencing right now is unlike anything I have seen in my 20-plus years of studying, researching and practicing mindfulness – and we must empower people to use the single most powerful tool available to help them weather this storm: their own mind, said Dr. Brewer, who joins Sharecare as its senior scientific and medical advisor for behavioural health. Sharecare’s reach, engagement and depth is unparalleled, and I am incredibly hopeful about the positive change we can effect by putting the combined power of our platforms into people’s hands.

Integrating MindSciences’ programs into Sharecare’s platform will help them deliver on employer, payer and consumer needs that are in critical demand and are expected to grow, but also some very specific well-being needs that COVID-19 has exacerbated for populations across the US.

Through the acquisition – terms of which were not disclosed – MindSciences becomes a cornerstone of Sharecare’s tools and programs for behavioural health, which also includes Sharecare Windows – a series of original HD relaxation and wellness videos created to reduce stress and anxiety, promote healthy sleep patterns, and support meditative practices.

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 behaviour skyrocketed across the country in April, behavioural 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, he said.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Scommerce. The information provided on Scommerce is intended for informational purposes only. Scommerce is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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