Sword Health partners with Sharecare to expand digital MSK access

April 13, 2023 – NEW YORK – Sword Health, the AI Care company delivering coordinated musculoskeletal, mental health, women's health, and cardiometabolic care through one connected platform, announced today that it has been selected as the preferred musculoskeletal (MSK) partner for Sharecare (NASDAQ: SHCR), the digital health company that helps people manage all their health in one place. Building on the companies' mutual commitment to provide superior, meaningful user experiences with continued focus on return-on-investment, Sword Health is available for large employers and health plans to seamlessly integrate AI pain care into their benefits offerings through Sharecare's award-winning platform.

While MSK issues primarily impact the joints, being in pain brings a host of other challenges: anxiety, depression, fear avoidance, decreased productivity at work, and more. Yet traditional in-clinic physical therapy isn’t always a desirable or convenient option for those who need MSK pain relief most. AI pain care through Sword Health makes it possible to receive expert, clinically governed care from anywhere, while solving for other problems including improving sleep and emotional health, reducing the need for surgery, lowering medical costs, and enhancing productivity. Through Sword Health, Sharecare's customers can provide their populations with virtual access to Pain Specialists who maintain the same clinical rigor as an in-clinic program, while giving members greater flexibility. Greater access and flexibility improve adherence and open care to historically underserved patient populations.

“At Sharecare, we have purpose-built our robust partner program to ensure deep integration of best-in-class, clinically validated digital therapeutics, enabling a highly personalized and seamless user experience for individuals while alleviating vendor fatigue for our customers,” said Dr. Jud Brewer, Chief Medical Officer of Sharecare. “We selected Sword Health as our preferred partner for digital MSK because of its clinical rigor, member-centered care programs, innovative use of technology, proven ROI, and commitment to advancing health equity – all of which aligns with Sharecare’s mission.”

Dr. Brewer added, “Digital physical therapy is proving to be an incredibly effective way to better overall health, and our clients can now choose Sword as part of their comprehensive Sharecare platform offering to improve population-wide outcomes and lower costs over time.”

“We are excited to join Sharecare’s powerful ecosystem that aligns with our mission and core belief that accessing the highest-quality healthcare should be easy,” said Dr. Vijay Yanamadala, Chief Medical Officer of Sword Health. “As the leader in AI Care for musculoskeletal conditions, mental health, women’s health, and cardiometabolic care, we understand the need for member-facing care navigation solutions that identify, engage, and re-engage members.”

With the ability to offer a clinically validated, deeply integrated AI Care solution for muscle, joint, and pelvic pain, Sword Health complements Sharecare’s comprehensive well-being and health advocacy offering for employers and health plans. Through the companies’ partnership, employees and members on the Sharecare platform who need MSK support receive simplified member onboarding guided by a Pain Specialist holding a Doctor of Physical Therapy degree; integrated care coordination throughout the program; and robust data and analytics-driven navigation to proactively engage and re-engage those who will benefit most from Sword’s AI Care program.

To learn more about Sharecare’s comprehensive ecosystem, including its digital-first health advocacy solution, Sharecare+, and robust marketplace of digital therapeutics, well-being programs, and preferred partners – like Sword Health – available to employers, health plans, and government organizations, email connect@sharecare.com.

About Sword Health

Sword Health is on a mission to build AI that heals billions of people from pain aand unlocks humanity’s full potential. Sword’s AI Care platform delivers coordinated care across musculoskeletal conditions, women’s health, mental health, and cardiometabolic care. The platform runs on continuous clinical memory, Phoenix as AI Care Specialist, and Clinical Specialists who provide judgment, safety, and escalation. Care is continuous, not episodic: available any time, adapting in real time, and reaching members who have historically been underserved by traditional care models.

With more than $300 million raised from top venture firms like Bond, Founders Fund, General Catalyst, Khosla Ventures, Sapphire Ventures, and Transformation Capital, and a $2 billion valuation, Sword was recently recognized as a Forbes Best Startup Employer and has become the fastest-growing company in the category since its founding in 2015.

Sword’s outcomes carry independent validation. Risk Strategies confirmed a 3.2:1 ROI and average annual medical spend reduction of $3,177 per enrolled member. An 81% program completion rate and 70% reduction in surgery intent reflect a care model that works because of how it works: earlier intervention, continuous engagement, and clinical oversight that does not stop between appointments. Sword serves more than 1,000 enterprise clients including more than 20% of the Fortune 500, has published 58 peer-reviewed studies, and holds 100% client retention to date.

About Sharecare

Sharecare is the leading digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Our comprehensive and 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. Driven by our philosophy that we are all together better, at Sharecare, we are committed to supporting each individual through the lens of their personal health and making high-quality care more accessible and affordable for everyone.