DarioHealth Announces Partnership with National Medicare Advantage Plan

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DarioHealth Corp signed a new contract with a national Medicare Advantage health plan. Dario is global digital health market company, and this contract will allow both companies to provide Plan members with Dario’s behavioral health solution, Twill. According to a press release, Dario was selected because its AI-based network has the opportunity to provide elder plan members with access to digital tools that will address broad emotional health and well-being services.

In a press release, Dario’s chief commercial officer Steven Nelson said, “There is a misconception that seniors will not engage with digital health, but our data tells us that is just a myth. Pre-Twill, the senior population on the Dario's platform was roughly 30%, a number that will expand with this partnership. The high comorbidity rate between metabolic and mental health conditions is something that Dario is prepared to address upon expansion of this partnership down the road. 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. We are excited about the momentum of our B2B2C core channel to health plans and employers."

Nelson continued, "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. We believe that our comprehensive product offering not only helps secure more revenue from new clients but also generates additional revenues from existing clients by exposing them to additional products or larger populations. The B2B2C channel is contributing more than 70% of our revenues as of the first quarter of 2024, and we expect it to continue growing as a result of such contracts."

This is Dario’s latest announcement for Twill. In September, the company announced that it had integrated Twill with cardiometabolic health solutions.²

In a press release issued at the time, Dario’s chief product officer Keren Zimmerman said, “There is no single standard of care for every chronic health condition that will work across the diversity of members on Dario's platform. That's why we are constantly assessing clinical evidence and behavioral engagement data to continuously enhance the way we support our members. The new enhancements provide an element that many people need in order to achieve better results. Integrating these capabilities into the Dario platform is just the first step in driving a deeper, more effective approach to health management as we aim to build out the market's most holistic, consumer-centric digital health platform.”

In the same press release, Nelson added, “One common theme we hear in the market is the need for better adoption of digital health. We believe that our ability to leverage unique social and community capabilities from Twill by Dario will assist us in creating one of the most comprehensive engagement platforms in the market. Combined with our proven approach to chronic condition management, we believe that we are able to offer an unparalleled ability to engage the right members at the right time for maximum, sustainable impact.”

Sources

1. National Medicare Health Plan Partners with Twill by Dario to Promote Healthy Aging with New Digital Mental Health Benefits for Seniors. DarioHealth Corp. October 1, 2024. Accessed October 8, 2024. https://www.prnewswire.com/news-releases/national-medicare-health-plan-partners-with-twill-by-dario-to-promote-healthy-aging-with-new-digital-mental-health-benefits-for-seniors-302263967.html
2. Dario Introduces Integration of Twill Behavioral Health Capabilities into Cardiometabolic Health Solution to Enhance Member Engagement and Outcomes. DarioHealth Corp. September 12, 2024. Accessed October 8, 2024. https://www.prnewswire.com/news-releases/dario-introduces-integration-of-twill-behavioral-health-capabilities-into-cardiometabolic-health-solution-to-enhance-member-engagement-and-outcomes-302246435.html