The strategic arrangement fuels Dario's B2B2C sales growth,
expanding access to over 15,000 providers nationwide
NEW
YORK, March 7, 2025 /PRNewswire/ -- DarioHealth
Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a leader in the
global digital health market, today announced a strategic
collaboration with Rula Health, a leading provider of high-quality
behavioral health services, to expand access to mental health
support for employers and their workforce nationwide. Through this
strategic collaboration, Dario clients will have access to Rula's
extensive network of over 15,000 providers across the country with
coverage of over 120 million commercial lives through most major
insurance networks. By integrating Rula's extensive reach, Dario
enhances its ability to provide employers and their workforce with
a more comprehensive, accessible, and effective behavioral health
solution.
This strategic collaboration represents a significant step in
accelerating the adoption of Dario's behavioral health solutions in
the employer channel. By leveraging Rula's high-quality provider
network with extensive coverage, Dario will offer an "easy button"
solution for employers looking to implement behavioral health
support seamlessly within their existing benefits structure.
In addition to enhancing the accessibility of behavioral health
care, the collaboration enables Dario to accelerate sales growth in
the business-to-business-to-consumer ("B2B2C") channel with a
comprehensive solution that Dario believes employers want. The
collaboration also increases visibility in Rula's
extensive partner base with organizations already seeking
behavioral health support for their members and employees.
"By combining our advanced digital health capabilities with
Rula's best-in-class provider network, we can deliver a truly
integrated solution that meets the needs of both employers and
employees," said Steven Nelson,
Chief Commercial Officer of DarioHealth. "We believe that the
addition of Rula's network is the perfect complement to Dario's
digital behavioral health solutions. Together, Dario and Rula
enable a single, tailored journey that connects members to the
right care for their needs including personalized, evidence-based
behavioral health support through Dario's AI-driven
engagement, digital coaching, and seamless access to licensed
therapists. The collaboration further strengthens Dario's ability
to provide end-to-end mental health support, reinforcing its
commitment to improving health outcomes through innovative,
technology-driven solutions."
"We're excited to collaborate with DarioHealth, as this
strategic arrangement directly advances our mission of making
quality behavioral health care more accessible to those who need
it," said Gabe Diop, Rula
Co-Founder. "This collaboration allows us to continue driving
innovation in whole person care—of which we know behavioral health
is such a critical component—while helping individuals make
meaningful progress every day that's truly personal to their unique
health journey."
About DarioHealth Corp.
DarioHealth Corp. (Nasdaq: DRIO) is a leading digital health
company revolutionizing how people with chronic conditions manage
their health through a user-centric, multi-chronic 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.
Dario provides its highly user-rated solutions globally to
health plans and other payers, self-insured employers, providers of
care, and consumers. To learn more about Dario and its digital
health solutions, or for more information,
visit http://dariohealth.com.
About Rula
Rula is the best way for individuals, couples, and families to
get in-network mental health care that delivers progress. With a
diverse network of more than 15,000 licensed providers, nationwide
next-day therapy and psychiatric availability, and 24/7 crisis
support, Rula meets people wherever they are on their mental health
journey. Patients match with a best-fit provider in minutes,
confirm their out-of-pocket insurance costs, attend their
telehealth sessions, and track improvement all within a single
easy-to-use platform. And when they need support, Rula's team is
there to provide live help from real humans. Rula Health accepts
most major insurance networks, including Aetna/CVS,
Anthem/Elevance, Cigna/Evernorth, Kaiser, United Healthcare/Optum,
and many Blue Cross and/or Blue Shield plans, covering over
120M lives. To learn more, visit
https://www.rula.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 future benefits of the strategic collaboration;
that the collaboration with Rula will enhance the Company's ability
to provide employers and their workforce with a more comprehensive,
accessible, and effective behavioral health solution that meets the
needs of both employers and employees; and that the collaboration
will accelerate the adoption of the Company's behavioral health
solutions in the employer channel and will accelerate the Company's
sales growth in the B2B2C channel. 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.
DarioHealth Corporate Contact
Mary Mooney
VP Marketing
mary@dariohealth.com
+1-312-593-4280
DarioHealth Investor Relations Contact
Kat Parrella
Investor Relations Manager
kat@dariohealth.com
+315-378-6922
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SOURCE DarioHealth Corp.
