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InvestorNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Adds New Full-Suite Employer to Growing Number of Contracts
DarioHealth (NASDAQ: DRIO), a leader in the global digital health market, is adding a new employer contract to its growing list of clients. The new full-suite account is scheduled to launch later this year, and the company expects it to add to revenue for the year. According to the company, the new account is a Midwest-based educational organization that has contracted with Dario to provide employees with an integrated, tested solution to address diabetes, prediabetes, hypertension, musculoskeletal and behavioral health needs. The company noted that the contract represents growing need and demand for its integrated multichronic solutions in the employer market along with a strong willingness of employers to opt for solutions outside of the traditional benefits lifecycle. “As employers struggle with the rising costs of chronic conditions in a difficult economy, we believe that the ease of working with one solution provider, coupled with our proven ability to reduce costs for these very expensive chronic conditions, is a very attractive proposition,” said Dario president Rick Anderson in the press release. “Our recent independent studies demonstrating significant improvements in clinical outcomes and reduce costs can provide additional confidence to customers that these savings can be achieved. This creates an economic incentive for companies, like our newest employer client, to move to capture this value more quickly, and we are thrilled to welcome this new account to our platform.”
To view the full press release, visit https://ibn.fm/AGltY
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 people continuous and customized care for 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, and 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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