Amwell Expands Digital Clinical Programs Through Partnership with DarioHealth

Rhea-AI Summary

Amwell (NYSE: AMWL) has announced the launch of its new cardiometabolic program, enhancing its ecosystem of digital health solutions to better serve members with chronic diseases like diabetes and high blood pressure. This initiative, in partnership with DarioHealth (Nasdaq: DRIO), integrates Dario's personalized digital therapeutic solutions into the Amwell platform, facilitating seamless referrals for clinicians. The program aims to improve health outcomes by ensuring continuous care and engagement for over one-third of Americans living with metabolic conditions. Through connected devices and coaching, members experience a holistic approach to managing their health.

Positive

• Expansion of digital health offerings with the new cardiometabolic program.
• Partnership with DarioHealth enhances Amwell's service portfolio.
• Addresses the needs of over one-third of Americans with chronic conditions.
• Utilizes connected devices and personalized coaching for improved health management.

Negative

• None.

New cardiometabolic program further builds upon the existing Amwell ecosystem of digital health plan offerings to improve continuous care for plan members

BOSTON--(BUSINESS WIRE)-- Amwell® (NYSE: AMWL), a leader in digital healthcare enablement, today announced the expansion of its digital clinical programs to include a cardiometabolic program, enabling health plans and clinicians to seamlessly connect members living with common chronic diseases, such as diabetes and high blood pressure, to Dario’s highly personalized digital therapeutic solution on the Amwell platform.

In partnership with personalized global digital therapeutic leader DarioHealth (Nasdaq: DRIO), the new cardiometabolic program builds upon the comprehensive Amwell portfolio of care solutions and network of affiliated clinicians, designed to address member needs both in and outside the provider office. Together, the Amwell digital care delivery platform, Amwell’s affiliated clinicians and Dario’s clinically proven cardiometabolic digital therapeutic solution will drive better health outcomes for members through a continuously connected care experience.

"Member care and engagement are top-of-mind for health plans, especially as consumers demand more digital tools and effective, value-driven care,” says Dr. Ido Schoenberg, chairman and co-CEO of Amwell. “By bringing solutions like Dario into our ecosystem of care programs, Amwell empowers health plans and their clinicians to create a more cohesive, integrated, and comprehensive digital journey for their members. It’s an approach that ultimately drives better outcomes and more modernized engagement. This new capability further expands the scope of our single, highly scalable platform powered by Converge™. It adds yet another important component in delivering our clients ‘one stop shop’ digital care enablement solution, addressing their most important and diversified needs today while being future ready.”

Cardiometabolic conditions such as diabetes and high blood pressure are some of the most pervasive and costly medical conditions in the U.S., with more than one-third of Americans living with metabolic-related health condition¹, over 37 million living with diabetes and an additional 96 million being pre-diabetic².

Members receiving care via clinicians practicing on the Amwell platform can be referred seamlessly to a Dario program, minimizing roadblocks to care. The Dario solution addresses diabetes, high blood pressure and weight management needs with a holistic and highly individualized hybrid care experience. It combines connected devices, like glucometers, with intelligent data-driven digital experiences and personalized one-on-one health coaching.

“We are thrilled to partner with Amwell to build a more connected healthcare experience for members living with cardiometabolic heath needs,” said Rick Anderson, president of Dario. “Dario’s highly personalized digital solutions are designed to complement care from a professional with a proven ability to drive sustainable behavior change and improve health outcomes. Integration with Amwell’s market-leading platform will create the cohesive experience that members want and help deliver better outcomes for payers.”

To learn more about the Amwell program, click here.

About Amwell

Amwell is a leading digital care delivery enablement platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell believes that digital care delivery will transform healthcare. The Company offers a single, comprehensive platform to support all digital health needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers the digital care of more than 55 health plans, which collectively represent more than 90 million covered lives, and many of the nation’s largest health systems, representing over 2,000 hospitals, have access to Amwell solutions. For more information, please visit https://business.amwell.com/.

©2023 American Well Corporation. All rights reserved. Amwell®, SilverCloud®, Conversa®, ConvergeTM, CarepointTM and the Amwell Logo are registered trademarks or trademarks of American Well Corporation. All other trademarks are the property of their respective owners.

About DarioHealth Corp.

DarioHealth Corp. (Nasdaq: DRIO) is a leading digital therapeutics (DTx) company, revolutionizing how people with chronic conditions manage their health through a user-centric, multi-chronic condition platform. Our 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.

Our user-centric platform offers people continuous and customized care for their health, disrupting the traditional episodic approach to healthcare. This approach empowers people to holistically adapt their lifestyles for sustainable behavior change, driving exceptional user satisfaction, retention and results and making the right thing to do the easy thing to do.

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 DarioHealth and its digital health solutions, or for more information, visit http://dariohealth.com.

Forward-Looking Statements

This press release contains forward-looking statements about us and our industry that involve substantial risks and uncertainties and are based on our beliefs and assumptions and on information currently available to us. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations, financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” or “would,” or the negative of these words or other similar terms or expressions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our beliefs and assumptions only as of the date of this release. These statements, and related risks, uncertainties, factors and assumptions, include, but are not limited to: weak growth and increased volatility in the telehealth market; inability to adapt to rapid technological changes; increased competition from existing and potential new participants in the healthcare industry; changes in healthcare laws, regulations or trends and our ability to operate in the heavily regulated healthcare industry; our ability to comply with federal and state privacy regulations; the significant liability that could result from a cybersecurity breach; and other factors described under ‘Risk Factors’ in our most recent form 10-K filed with the SEC. These risks are not exhaustive. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Further information on factors that could cause actual results to differ materially from the results anticipated by our forward-looking statements is included in the reports we have filed or will file with the Securities and Exchange Commission. These filings, when available, are available on the investor relations section of our website at investors.amwell.com and on the SEC’s website at www.sec.gov.

¹ https://www.healthline.com/health-news/more-than-one-third-of-americans-have-dangerous-metabolic-syndrome

² https://www.cdc.gov/chronicdisease/about/costs/index.htm

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press@amwell.com

Source: Amwell

FAQ

What is Amwell's new cardiometabolic program?

Amwell's new cardiometabolic program integrates DarioHealth's digital therapeutic solutions, targeting members with chronic diseases such as diabetes and high blood pressure.

How does the partnership with DarioHealth impact Amwell's services?

The partnership allows for seamless referrals and enhanced digital solutions, improving member care and health outcomes.

What conditions does the cardiometabolic program address?

The program specifically addresses diabetes, high blood pressure, and weight management.

Which companies are involved in the cardiometabolic program?

The program involves Amwell (NYSE: AMWL) and DarioHealth (Nasdaq: DRIO).

What is the significance of the new program for healthcare consumers?

It offers a holistic and personalized approach to managing chronic conditions, improving continuous engagement and care for members.