Dario to provide support for members living with diabetes
alongside existing hypertension solution
NEW
YORK, Aug. 8, 2023 /PRNewswire/ -- DarioHealth
Corp. (NASDAQ: DRIO) ("Dario" or the "Company"), a leader in the
global digital health market, announced today the expansion of its
agreement with a large regional health plan (the "Plan") to deliver
highly personalized digital health solutions to Plan members living
with diabetes with the launch anticipated to be in the first
quarter of 2024.
The Plan is adding Dario's support for diabetes to complement
the current solution in place for hypertension. Dario provides
support for diabetes and hypertension as part of the Company's
cardiometabolic product suite designed to address frequently
co-occurring chronic health needs with integrated, holistic
support. Dario's diabetes solution is proven to engage members in
healthier behaviors to drive lower cost of care, with recent
research demonstrating estimated medical cost savings of
$5,077 for Dario users compared to
non-users.
"Our ability to engage members for long-term success and deliver
real financial value continues to drive demand in the payer market,
including among our existing clients," said Rick Anderson, President of Dario. "Dario is
excited to expand our relationship with the Plan and engage more of
its members with our highly personalized support for multi-chronic
health needs. We believe this further validates our multi-condition
strategy which allows us to create more value within each customer
than point solutions by accessing a larger eligible population
under additional conditions. It also demonstrates Dario's
ability to expand our offerings with health plans over time."
About DarioHealth Corp.
DarioHealth Corp. (NASDAQ: DRIO) is a leading digital health
company revolutionizing how people with chronic conditions manage
their health through a user-centric multi-chronic condition digital
therapeutics platform. Our platform and suite of solutions deliver
personalized and dynamic interventions driven by data analytics and
one-on-one coaching for diabetes, hypertension, weight management,
musculoskeletal pain, and behavioral health.
Our user-centric platform offers people continuous and
customized care for health, disrupting the traditional episodic
approach to healthcare. This approach empowers people to
holistically adapt their lifestyles for sustainable behavior
change, driving exceptional user satisfaction, retention, and
results. Making the right thing to do the easy thing to
do.
Dario provides its highly user rated solutions globally to
health plans and other payors, self-insured employers, providers of
care and directly to consumers. To learn more about Dario and its
digital health solutions, or for more information, visit
http://dariohealth.com.
Cautionary Note Regarding Forward-Looking Statements
This news release and the statements of representatives and
partners of DarioHealth Corp. related thereto contain or may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Statements that
are not statements of historical fact may be deemed to be
forward-looking statements. For example, the Company is using
forward-looking statements in this press release when it discusses
the expected timing of the contract launch, and the potential
benefits that may be realized by users utilizing Dario's platform.
Without limiting the generality of the foregoing, words such as
"plan," "project," "potential," "seek," "may," "will," "expect,"
"believe," "anticipate," "intend," "could," "estimate" or
"continue" are intended to identify forward-looking statements.
Readers are cautioned that certain important factors may affect the
Company's actual results and could cause such results to differ
materially from any forward-looking statements that may be made in
this news release. Factors that may affect the Company's results
include, but are not limited to, regulatory approvals, product
demand, market acceptance, impact of competitive products and
prices, product development, commercialization or technological
difficulties, the success or failure of negotiations and trade,
legal, social and economic risks, and the risks associated with the
adequacy of existing cash resources. Additional factors that could
cause or contribute to differences between the Company's actual
results and forward-looking statements include, but are not limited
to, those risks discussed in the Company's filings with the U.S.
Securities and Exchange Commission. Readers are cautioned that
actual results (including, without limitation, the timing for and
results of the Company's commercial and regulatory plans for Dario™
as described herein) may differ significantly from those set forth
in the forward-looking statements. The Company undertakes no
obligation to publicly update any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
DarioHealth Corporate Contact
Mary Mooney
VP Marketing
mary@dariohealth.com
+1-312-593-4280
Media Contact:
Scott Stachowiak
Scott.Stachowiak@russopartnersllc.com
+1-646-942-5630
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SOURCE DarioHealth Corp.
