Dario Expands Behavioral Health Offerings to Include a Provider Network Through Strategic Arrangement with Rula
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
+1-312-593-4280
DarioHealth Investor Relations Contact
Kat Parrella
Investor Relations Manager
+315-378-6922
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SOURCE DarioHealth Corp.
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