New health plan partnership improves access to digital health
for historically underserved populations
NEW YORK, April 14, 2022 /PRNewswire/ -- DarioHealth
Corp. (Nasdaq: DRIO), a leader in the global digital therapeutics
(DTx) market, announced today a new agreement with Colorado Access,
the largest public sector health plan in the state of Colorado, to provide digital chronic condition
management solutions for its Medicaid population beginning with
thousands of its members in the second quarter of 2022.
Colorado Access selected Dario to help improve the health of
members living with diabetes and hypertension, as well as members
with weight management and behavioral health needs through Dario's
person-centric and integrated chronic condition platform. Dario's
digital therapeutics platform combines digital tools, medical
devices, and digital and human coaching across one experience for
multiple chronic conditions, personalizing each user journey with
more than ten years of diverse consumer data and insights.
"There is growing recognition of the value digital health can
deliver for health plans, especially those in need of a fresh
approach to engage historically underserved populations such as
Colorado Access. Dario is proud to partner with Colorado Access to
address their unique member health needs with our
hyper-personalized approach that is proven to deliver results,"
said Rick Anderson, President and
General Manager of North America
at DarioHealth.
"Dario's digital health services will help thousands of Colorado
Access members take better care of their health with simple and
relevant support for chronic health needs," said Alexis Giese, MD, Senior Vice President of
Health Care Systems and Chief Medical Officer. "This partnership
has the potential for significant impact in the communities we
serve by delivering the kind of personalized and inclusive digital
care that our members need and deserve."
About DarioHealth Corp.
DarioHealth Corp. (Nasdaq: DRIO) is a leading global digital
therapeutics company revolutionizing how people with chronic
conditions manage their health. DarioHealth offers one of the most
comprehensive digital therapeutics solutions on the market -
covering multiple chronic conditions including diabetes,
hypertension, weight management, musculoskeletal and behavioral
health within one integrated technology platform.
Dario's next-generation, AI-powered, digital therapeutic
platform supports more than just an individual's disease. Dario
provides adaptive, personalized experiences that drive behavior
change through evidence-based interventions, intuitive, clinically
proven digital tools, high-quality software, and coaching to help
individuals improve health and sustain meaningful outcomes.
Dario's unique user-centric approach to product design and
engagement creates an unparalleled experience that is highly rated
by users and delivers sustainable results.
The company's cross-functional team operates at the intersection
of life sciences, behavioral science, and software technology and
utilizes a performance-based approach to improve its users'
health.
On the path to better health, Dario makes the right thing to do
the easy thing to do. To learn more about DarioHealth and its
digital health solutions, or for more information, visit
http://dariohealth.com.
About Colorado Access
As the largest and most experienced public sector health plan in
the state, Colorado Access is a nonprofit organization that works
beyond just navigating health services. The company focuses on
meeting members' unique needs by partnering with providers and
community organizations to provide better personalized care through
measurable results. Their broad and deep view of regional and local
systems allows them to stay focused on our members' care while
collaborating on measurable and economically sustainable systems
that serve them better. Learn more at coaccess.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 the Dario
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.
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DarioHealth Corporate Contact: Suzanne Bedell, VP
Marketing, suzanne@dariohealth.com, +1-347-767-4220
Media Contact: Josephine
Galatioto, Josephine.Galatioto@russopartnersllc.com,
+1-212-845-4262
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SOURCE DarioHealth Corp.