DarioHealth Announces Contract With a US National Employer to Provide Its Full Multi-Condition Suite Digital Therapeutic Solutions
- Dario Achieves a Significant Milestone with First Contract for Full Suite of Solutions
- Full Suite Contract Covers all 5 of Dario’s Conditions
DarioHealth Corp., a leader in the global digital therapeutics (DTx) market, announced that it has entered into a contract with a U.S. national employer for the Company’s full multi-condition suite of chronic condition management solutions, including diabetes, pre-diabetes, hypertension, musculoskeletal, behavioral health, and digital employee assistance programs. Enrollment of the Company’s multi-condition suite of chronic condition management solutions is expected to begin in the first quarter of 2022, consistent with the Employer’s benefit year.
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“This new contract continues to validate Dario’s investment in building a comprehensive, multi-condition digital therapeutics platform,” said Erez Raphael, Chief Executive Officer of DarioHealth. “This new Employer is the first of many customers in our pipeline seeking an integrated multi-condition solution for some of their highest cost chronic conditions. Importantly, these full suite agreements can potentially generate 4-6 times more revenue than a single condition solution for Dario by expanding both the number of people eligible and the revenue per member.”
Chronic conditions often co-occur, which creates challenges for employers that have historically had to identify and manage multiple vendors of point solutions when trying to improve employee health across conditions. It also creates a confusing and disjointed employee experience trying to use multiple solutions that don’t interact with each other to manage their co-existing conditions. Dario’s multi-chronic platform offers employers and employees a way to address the most common health comorbidities: diabetes, hypertension, obesity, behavioral and musculoskeletal health in one member experience across multiple conditions. Using a single AI-driven behavior change engine, Dario solutions deliver holistic support and a seamless user experience to help deliver better engagement and results.
“Employers recognize that siloed health management solutions are holding back progress. Dario’s integrated multi-condition suite solution addresses the most commonly linked chronic conditions using one behavior change engine to impact the underlying causes in one seamless experience. We look forward to delivering a superior experience for the Employer’s population to help engage and improve the health of the employees across the nation,” said Rick Anderson, Dario’s President and General Manager of North America.
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