Sharecare and Digital Alpha announce a strategic collaboration to strengthen the nexus of healthcare and digital infrastructure across America
Digital Alpha to commit $100 million in outcome-based financing to communities to accelerate well-being improvement initiatives with Sharecare
News provided by
Share this article
Share this article
ATLANTA, Feb. 19, 2021 /PRNewswire/ -- Digital Alpha, a leading digital infrastructure investment firm, and Sharecare, the digital health company that helps people manage all their health in one place, today announced the initiation of a strategic collaboration to accelerate their shared vision to improve the economic health of communities and the well-being of their citizens.
In addition to bringing Sharecare differentiated expertise and relationships in sustainable communities to help states, cities, and counties meaningfully improve community well-being, Digital Alpha will commit $100 million in outcome-based financing to communities in an effort to help accelerate and deploy the digital infrastructure necessary for them to address, in partnership with Sharecare, the growing demand for expanded access to high-impact solutions that improve health outcomes at scale. Leveraging its strategic relationships with Cisco and other large technology partners in Silicon Valley, Digital Alpha has deployed digital infrastructure in over 70 cities and communities across the globe, delivering enduring economic, environmental, and social value. This outcome-based financing commitment is in addition to Digital Alpha's recently announced PIPE investment to fund Falcon Capital Acquisition Corp.'s (NASDAQ: FCAC) proposed acquisition of Sharecare.