DarioHealth Corp. announced a new contract with a national Medicare Advantage health plan on October 1, 2024. This agreement will launch Dario's behavioral health solution, Twill by Dario, for the plan's members starting in January 2025. The contract is expected to significantly contribute to the company's Annual Recurring Revenue (ARR) growth within its Business-to-Business-to-Consumer (B2B2C) channel in 2025.
This marks Dario's first national health plan contract in the Medicare Advantage market and its fourth national health plan overall, bringing the total to seven health plans. The partnership is expected to provide access to Dario's solutions for over a million eligible members. The plan selected Dario to offer a single solution supporting healthy aging by addressing broad emotional health and well-being, including integrated capabilities for Social Determinants of Health (SDoH).
Dario's AI-based network navigation will integrate support across community resources and direct members to relevant health plan benefits. This expansion into the Medicare Advantage market demonstrates Dario's ability to engage senior populations with tailored digital Cognitive Behavioral Therapy (CBT) programs, aiming to improve behavioral health outcomes.
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