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DarioHealth Reports Strong Second Quarter 2021 Results and Operational Highlights

DarioHealth Reports Strong Second Quarter 2021 Results and Operational Highlights
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Digital health app BeatO scores $5.7M to expand subscriber base in ASEAN

Digital health app BeatO scores $5.7M to expand subscriber base in ASEAN
mobihealthnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobihealthnews.com Daily Mail and Mail on Sunday newspapers.

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DarioHealth's new device aims to curb slouching, boost better posture

DarioHealth's new device aims to curb slouching, boost better posture
mobihealthnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobihealthnews.com Daily Mail and Mail on Sunday newspapers.

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DarioHealth expands mental health foothold with wayForward acquisition

Chronic care management company DarioHealth scooped up digital mental health company wayForward for $30 million.
While DarioHealth got its start in diabetes management, it has quickly been expanding its chronic care coverage to include mental health, hypertension and other conditions.
As part of the acquisition, DarioHealth will be purchasing the creator of wayForward, PsyInnovations. The platform includes an artificial intelligence triage and screening tool that can help members find specific interventions. Patients are able to tap into cognitive behavioral therapy (CBT), self-directed care, expert coaching, and have access to in-person and telehealth provider visits.
The platform is positioned as a way to tackle the shortage of mental health professionals who supply mental health care to patients on demand. According to the announcement, the tool was designed to match users to the best level of care for them, which includes those who don t need to work with a licen ....

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DarioHealth Reports First Quarter 2021 Results and Operational Highlights

DarioHealth Reports First Quarter 2021 Results and Operational Highlights
USA - English
Announced acquisition of Upright Technologies, expanding into the musculoskeletal and related pain conditions markets
Generated Q1 revenue growth of 73% over Q4 2020 and 116% over Q1 2020, driven by organic growth and consolidation of Upright Technologies revenues effective February 2, 2021
GAAP gross margin was 30.1% in the first quarter, excluding acquisition related amortizations Q1 2021 product gross margin nearly doubled to 44.7% as compared to 24.2% in Q4 2020
Ended the first quarter 2021 with cash and cash equivalents of $81.1 million
Company to host conference call and webcast 8:30 am ET tomorrow.
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