DarioHealth Corp., a pioneer in the global digital therapeutics market, announced the launch of a new virtual care initiative with MediOrbis, a telehealth provider specializing in chronic conditions. Eligible Medicare members who have diabetes can receive convenient virtual care for their diabetes, including telehealth delivered by MediOrbis and remote patient monitoring through DarioHealth’s AI-powered digital chronic care platform under their existing Medicare benefit.
As part of the launch the new virtual care program will be made available to Dario’s approximately 75,000 members with diabetes, of which 30% are over 65. This will enable current Dario members to access high quality, convenient care at a potentially lower out-of-pocket cost. In addition, the virtual care program will be marketed to qualified Medicare members who aren’t currently using Dario’s offering. This represents a significant expansion opportunity for Dario’s remote patient monitoring business, as CMS has estimated that 1 in 5 of its 62 million Medicare beneficiaries has diabetes. The commercial terms of the MediOrbis agreement are consistent with the terms of Dario’s other RPM contracts.
“We are excited to partner with MediOrbis to launch this virtual care service for qualified Medicare beneficiaries. Offering our existing users this program, provides users with enhanced services and support at a lower costIncreasing our offerings to existing customers across all of our market segments is part of our strategy to improve value to our users while increasing revenue per member and lowering our average member acquisition cost.” stated Rick Anderson, President and General Manager North America. “We are excited to partner with MediOrbis and support the expansion beyond Dario’s existing user base to the broader Medicare population, which we believe has the potential to be a multi-million dollar remote patient monitoring opportunity for Dario.”
“MediOrbis has a robust, longstanding focus on providing top tier specialty clinical telehealth services in chronic disease management, and our partnership with DarioHealth extends our reach to deliver innovative clinical programs that improve patient outcomes and lower costs,” says Dr. Jonathan Wiesen, co-founder, and chief medical officer of MediOrbis. “We are honored to offer one of the first programs that couples remote patient monitoring with 24×7 physician availability to provide early intervention when patients require physician management. This program sets the bar of excellence for virtual care, and a standard of care against which all other programs will be based.”
About DarioHealth Corp.
DarioHealth Corp. is a leading global digital therapeutics company revolutionizing how people with chronic conditions manage their health. Dario’s next-generation, AI-powered, digital therapeutic solutions support more than just an individual’s disease. Dario provides adaptive, personalized experiences that drive behavior change through evidence-based interventions, intuitive, clinically proven digital tools, high-quality software, and coaching to help individuals improve health and sustain meaningful outcomes. Dario offers one of the highest-rated diabetes and hypertension solutions on the market. The company’s cross-functional team operates at the intersection of life sciences, behavioral science, and software technology and is rapidly expanding into new chronic conditions and geographic markets, using a performance-based approach to improve its users’ health. Dario makes the right thing to do the easy thing to do.
MediOrbis is a multi-specialty telemedicine and telehealth company that is shattering the barriers of traditional medicine and extending the reach of specialized clinical care and chronic disease management to its global customer base. Recognized for efficiency and cost-effectiveness to meet the needs of providers, payers, and healthcare systems, MediOrbis combines AI-powered software with a network of the world’s most outstanding specialty physicians to deliver expert telemedicine services in virtually any field of medicine, clinical care, or diagnostics.