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SRQ DAILY Oct 3, 2016

Monday Business Edition

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Monday Business Edition

"This allows us to be a much bigger player and have a bigger role in digital health in general."

- Jeff Hazelton, Sharecare Reality Lab, BioLucid
 

[Community]  Contributing Factors to Sarasota County Growth
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Dr. Susan MacManus has been conducting an annual survey as part of community outreach to get input from citizens about Sarasota County. In 2015, a new question related to the economy was added and is repeated again in the 2016 survey. Citizens were asked what they thought was the single biggest thing that can contribute to the growth of Sarasota County’s economy. Over half (51 percent) of the respondents cited business-related things and 26 percent cited ecotourism.  

[Acquisition]  BioLucid to Revolutionize Sharecare Offerings
Jacob Ogles, jacob.ogles@srqme.com

The Sarasota-based company BioLucid, a technology firm notable locally for putting Ringling animation graduates to work developing medically focused virtual reality software, was acquired Thursday by Sharecare in a deal announced in New York during Advertising Week. But both officials with the Atlanta-based health care technology giant and at the former BioLucid say little will change in operations at the Sarasota offices.

BioLucid will now operate as the Sharecare Reality Lab, and company leaders Jeff Hazelton, Lawrence Kiley and Dale Park now join the Sharecare team. “We are now just part of a much bigger enterprise with a much bigger stage,” says Hazelton, now chief technology officer at the Sharecare Reality Lab. “This allows us to be a much bigger player and have a bigger role in digital health in general.” The BioLucid-developed You, a virtual reality-based digital platform allowing visual exploration of a personalized rendering of the human body, now is being touted on the homepage for Sharecare and can be incorporated in other products produced by the company. BioLucid employed 32 people at the time of the acquisition.

"Our acquisition of BioLucid will change nothing in Sarasota—except for the good,” says Russ Johannesson, Sharecare chief operating officer. “Sarasota's tight-knit business community is very supportive of BioLucid, and those I've spoken with are excited about us acquiring them. We are actively working on plans to hold an event in the near future to introduce the local business community to Sharecare, and we're looking forward to spending more time in Sarasota with our new colleagues."

BioLucid’s products earned wide acclaim for the company and for founder Hazelton. The technology will be featured in upcoming spots on nationally syndicated The Dr. Oz Show, including a spot where Star Trek star William Shatner will be given a tour of his own heart rendered in virtual reality. Hazelton predicts it is the virtual reality offerings from BioLucid that will be most widely employed with the rest of Sharecare’s products and services in helping better educate members of the public about their own health.

Financial terms of the acquisition were not disclosed. Sharecare, which was launched in 2010 by WebMD founder Jeff Arnold and Dr. Mehmet Oz of The Dr. Oz Show, has become one of the most widely used platforms for sharing personalized information on health, and is built on a social content platform created by medical experts. Other products distributed by the company include AskMD and RealAge.

“Visual storytelling technologiesparticularly virtual reality blended with 360-degree videohave boundless potential in healthcare and patient engagement, yet consumer-facing innovation in VR has been limited mostly to entertainment and gaming,” says Arnold, now Sharecare’s CEO, during the acquisition announcement. “By differentiating our platform with BioLucid’s immersive simulation of the human body, we can turn data into actionable, visual intelligence, and make a transformative impact on patient engagement, health literacy, medical education and therapy adherence.”  

Photo by Wyatt Kostygan: Jeff Hazelton, pictured with his boat Virtual Reality.

Read our In Brief feature of Jeff Hazelton in the October issue of SRQ Magazine.

[Recognition]  Child Protection Center Recevies Grant

The Child Protection Center Inc., was awarded a $5,000 Roberta Leventhal Sudakoff Grant benefiting the Personal Safety Community Awareness Program (PSCA) at the center. The PSCA program provides child abuse presentation workshops to children, parents and professionals throughout Sarasota county. PSCA works towards the creation of a future in which children are empowered and educated.  

The Child Protection Center Inc.

[Opening]  Groundbreaking in North Port

Suncoast Technical College North Port Campus and Shannon Staub public library have broken ground in North Port with the help of collaborative efforts from Sarasota County School District, Sarasota County, the city of North Port and the state of Florida. The new school will include career, technical and adult education spaces, a full-service public library and a conference center. The new school will be located near Toledo Blade and I-75 interchange.  

Sarasota County

[Seminar]  Williams Parker Attorney to Present Seminar

Gail E. Farb, attorney with Williams Parker, is scheduled to present at Leading Edge Benefit Advisors’ Compliance Playbook seminar, a half-day program geared toward business owners and human resources professionals seeking a proactive strategy to remain compliant in an ever-changing regulatory environment.  

Seminar Homepage

SRQ Media Group

SRQ DAILY is produced by SRQ | The Magazine. Note: The views and opinions expressed in the Saturday Perspectives Edition and in the Letters department of SRQ DAILY are those of the author(s) and do not imply endorsement by SRQ Media. Senior Editor Jacob Ogles edits the Saturday Perspective Edition, Letters and Guest Contributor columns.In the CocoTele department, SRQ DAILY is providing excerpts from news releases as a public service. Reference to any specific product or entity does not constitute an endorsement or recommendation by SRQ DAILY. The views expressed by individuals are their own and their appearance in this section does not imply an endorsement of them or any entity they represent. For rates on SRQ DAILY banner advertising and sponsored content opportunities, please contact Ashley Ryan Cannon at 941-365-7702 x211 or via email

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