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Sharecare Announces Acquisition of BACTES

ATLANTA, July 1, 2013Sharecare, the leading online health and wellness engagement platform founded by Jeff Arnold and Dr. Mehmet Oz, today announced the acquisition of BACTES, a provider of Release of Information and audit management services. BACTES is a leader in fulfilling medical record requests for thousands of healthcare providers across the United States, from small medical practices to large hospital systems.

Jim Bailey has been appointed General Manager of the BACTES division of Sharecare, effective immediately. Bailey most recently served as Vice President, Strategic Solutions, at Autodesk, and, prior to that, COO of Alchip. BACTES founder and CEO William (Bill) Bailey is retiring to further pursue philanthropic endeavors. The company will retain its operation in San Diego with 16 regional locations around the country.

Together – through a greatly expanded hospital and physician provider client base – Sharecare and BACTES will be able to deliver tailored programs to enhance patient data management while extending reach for clients to participate in meaningful connections with health-seeking consumers, and provide consumers with highly personalized health engagement products by integrating and ‘activating’ their patient data.

“The union of BACTES data and Sharecare knowledge will create a great opportunity for better user engagement which we believe will result in better health,” said Jeff Arnold, Chairman and CEO of Sharecare. “Similar to the credit report industry, we will be able to store, update and share personal health records creating a unique service for healthcare providers and patients. And, additionally, with a patient’s consent, we will be able to pre-populate an individual’s health record within the safe, social platform of Sharecare and deliver personalized recommendations including targeted information, actionable evidence-based programs and online support based on that individual’s specific health and wellness needs.”

Said Jim Bailey, “BACTES will be able to quickly leverage Sharecare’s capabilities and offer new products and innovative services to our thousands of healthcare clients across the United States. We’re excited to be a part of Sharecare’s impressive vision of leveraging new technologies to improve care and to create a measurable impact on our healthcare system.”

About Sharecare

Sharecare is the leading online health and wellness engagement platform providing millions of health-conscious consumers with a personal, results-oriented experience by connecting them to the most qualified health resources and programs they need to improve their health. Sharecare’s one-of-a-kind experience includes the popular, scientifically-based health risk assessment the RealAge® Test taken by more than 30 million people since its inception in 1998, and a unique, social Q&A format that provides the collective wisdom of thousands of health and wellness experts to greatly simplify the search for quality information. Created by Jeff Arnold and Dr. Mehmet Oz in partnership with Harpo Productions, Sony Pictures Television and Discovery Communications, Sharecare allows people to ask, learn and act upon questions of health and wellness, creating an active community where knowledge is shared and put into practice—simply said, sharing care. Launched in 2010, Sharecare is based in Atlanta, GA.