InvestorNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Inks Deal with National Medicare Health Plan to Provide New Digital Mental-Health Benefits for Seniors

October 1, 2024 10:50:00

DarioHealth (NASDAQ: DRIO), a leader in the global digital-health market, has entered a new contract with a national Medicare Advantage health plan. The partnership significantly expands Dario’s footprint and involves making its behavioral health solution — Twill by Dario — available to plan members, who number more than one million; the plan will be available beginning January 2025. According to the announcement, Dario’s artificial intelligence (“AI”)-based network navigation integrates support across community resources, helps members identify the right health plan benefits and receive optimal support for a wide variety of needs related to Social Determinants of Health (“SDoH”) and provides tailored experiences for members engaging with its digital Cognitive Behavioral Therapy (“CBT”) programs.

“Seniors will engage with solutions that are tailored and relevant to their unique needs, and we’ve proven this across behavioral health and chronic health needs,” said DarioHealth chief commercial officer Steven Nelson in the press release. “The addition of another national health plan to our client base provides significant opportunity for revenue expansion and allows us to implement our newly refined enrollment and engagement technologies into a wider population of members.”

To view the full press release, visit https://ibn.fm/zE3kw

About DarioHealth Corp.

DarioHealth Corp. is a leading digital health company revolutionizing how people with chronic conditions manage their health through a user-centric, multichronic-condition, digital-therapeutics platform. Dario’s 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. The company’s user-centric platform offers continuous and customized care for people’s 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 and providers of care as well as directly to consumers. For more information about the company, please visit www.DarioHealth.com.

NOTE TO INVESTORS: The latest news and updates relating to DRIO are available in the company’s newsroom at http://ibn.fm/DRIO

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