Integration of behavioral health and wellbeing solutions with
navigation and engagement technology creates the most comprehensive
solution in the market under the Dario brand
NEW
YORK, Oct. 17, 2024 /PRNewswire/ -- DarioHealth
Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a global
leader in digital health, today announces the full integration of
Twill's advanced behavioral health and navigation capabilities into
the Dario platform. The integration completes Dario's effort to
create one of the most comprehensive and effective end-to-end
digital health solutions in the market. By unifying data across
mental and physical health, Dario offers a more personalized and
effective approach to care.
With the prior acquisition of Twill, Dario has expanded both
vertically and horizontally, reinforcing its position as the
premier platform for multi-chronic condition management. The
vertical expansion integrates behavioral health as a stand-alone
condition as well as a core element across all existing chronic
condition management programs. This means that, whether managing a
cardiometabolic or musculoskeletal condition, Dario now addresses
both the mental and physical aspects of member journeys, offering a
more holistic solution that improves overall outcomes. This
achievement unlocks the foundational benefit of incorporating
behavioral health support into chronic condition management and
addresses a fundamental need that Dario has recognized in the
market for a more complete solution that spans across co-existing
conditions.
Horizontal expansion broadens the platform's reach by
incorporating Twill's powerful navigation capabilities that guide
users throughout their health journey, helping them manage
multiple, interconnected conditions—from prevention to continuous
care—through a single, integrated platform. This enables a seamless
experience where users receive personalized support at every step,
enhancing engagement and outcomes across the board. The newly
integrated Twill engagement capabilities can be deployed across
various market channels with a strong approach to finding and
activating members. The top of funnel solution aligns with each
client's specific needs.
Emerging as a unified, single-brand solution:
The
fully integrated suite of solutions and associated technologies
that aim to support a full spectrum of physical and mental health
needs will now be captured under the Dario brand. Support for each
of the six covered conditions is incorporated in the platform which
is structured around four core offerings:
- Wellbeing & Navigation (Dario Connect, formerly Twill
Care): Comprehensive health and well-being services, including
peer-to-peer support groups, access to experts, and personalized
content, to help members improve their overall health and
well-being.
- Behavioral Health (Dario Mind, formerly Twill
Therapeutics): Integrated behavioral health delivering
evidence-based, self-guided programs to help members manage and
improve their mental health using digital and human tools.
- Cardiometabolic Care (Dario Health): Personalized
support for individuals managing diabetes, hypertension, weight,
and GLP-1 medications, driven by Dario's data-powered health
coaching and intelligent technologies.
- Musculoskeletal Health (Dario Move): Digital exercise
therapy and posture training to help manage chronic pain and
improve musculoskeletal health through guided exercises and
biofeedback technology.
"Our vision from the beginning of the acquisition of Twill has
been clear: to build the most comprehensive, integrated digital
health platform in the market," said Erez
Raphael, CEO of Dario. "We've strengthened our platform by
integrating behavioral health as a core capability across every
chronic condition we manage. We believe that the ability to help
members navigate available care and support by deploying Dario's
AI-driven journey engine across unified mental and physical health
data and providing a more personalized and outcomes-focused
approach to engagement represents a game-changing shift for both
members and clients."
"The full Dario suite improves access to a powerful behavior
change engine designed to optimize clinical outcomes and improve
overall health. Our unique ability to engage people at any stage in
their health journey and aim to navigate them to the right level of
digital care in a single, unified experience, has the potential to
solve two of the biggest pain points for payers, employers and
pharma companies: point solution fatigue and poor engagement. We
are thrilled to move to the next generation of truly
consumer-centered digital health that we believe will make a
significant difference for member health and generate better ROI
for our partners," said Keren
Zimmerman, Chief Product Officer of Dario.
About DarioHealth Corp.
DarioHealth Corp. (Nasdaq:
DRIO) is a global digital health company dedicated to transforming
the way people manage chronic conditions through its user-centric,
multi-condition digital therapeutics platform. Dario's
comprehensive platform leverages data analytics, AI, and
personalized coaching to deliver continuous care for diabetes,
hypertension, musculoskeletal health, weight management, and
behavioral health. By empowering individuals to take control of
their health through behavior change, Dario is revolutionizing the
digital health landscape.
For more information, visit www.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 benefits of the integration of Twill's
capabilities into the Dario platform; that the integrated Twill
capabilities can be deployed across various collaboration channels
for engaging members; that the integrated suite of solutions will
support a full spectrum of physical and mental health needs and
will now be captured under the Dario brand; that Dario's platform
will be the most comprehensive, integrated digital health platform
in the market; that the Twill integration represents a
game-changing shift for both members and clients; the potential of
Dario's platform to solve two of the biggest pain points for
payers, employers and pharma companies; and that the move to the
next generation of consumer-centered digital health will make a
significant difference for member health and generate better return
on investment for Dario's partners. 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
DarioHealth Investor Relations Contact
Kat
Parrella
Investor Relations Manager
kat@dariohealth.com
+315-378-6922
Media Contact
Scott
Stachowiak
Scott.Stachowiak@russopartnersllc.com
+1-646-942-5630
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SOURCE DarioHealth Corp.
