NEW YORK, Sept. 8, 2021 /PRNewswire/ -- DarioHealth
Corp. (Nasdaq: DRIO), a leader in the global digital therapeutics
(DTx) market, announced today that it has entered into an agreement
to provide its digital behavioral health platform to a casino
resort company ("Casino Resort Company") in California. The contract is expected to
contribute revenue beginning in the fourth quarter of 2021.
The Casino Resort Company selected Dario's digital behavioral
health solution to expand its behavioral health offering and
replace its traditional Employee Assistance Program (EAP) with a
more modern approach to meet the mental health care needs of its
population using Dario's end-to-end digital solution with enhanced
EAP capabilities. Dario's solution provides a seamless digital
pathway from access to care, deploying an AI-driven screening to
assess and triage individuals to the most appropriate care,
including integrated digital tools and coaching, and also
incorporating specialty support services through partnerships.
"Dario's digital behavioral health platform is proven to engage
up to five times more people in mental health services than
traditional employer benefits like EAPs. Our new agreement will
help the Casino Resort Company maximize its investment in
behavioral health with a proven solution that provides a superior
experience for employees," said Rick
Anderson, President and General Manager of North America at DarioHealth.
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.
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 timing of the implementation of its platform with the provider
based in Pennsylvania and the
belief that its rapid growth reflects strong alignment with market
needs across its suite of solutions. 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.