#USA #New York #DarioHealth #Fall Prevention #Onestep

DarioHealth and OneStep Forge Strategic Alliance

New York, NY – In a significant move aimed at enhancing digital health solutions, DarioHealth Corp. (NASDAQ: DRIO) has partnered with OneStep, a platform recognized for its clinical-grade fall risk assessment capabilities using only a smartphone. The collaboration, which involves a Memorandum of Understanding (MOU), is set to integrate OneStep’s innovative technology into DarioHealth's multi-condition management platform, marking a notable advance in patient care.

Falls are a predominant concern among older adults in the United States, contributing to direct medical costs exceeding $50 billion annually. Recognizing this critical issue, DarioHealth and OneStep’s partnership aims to reduce these occurrences, especially within populations facing obesity and mobility challenges, including many Medicare Advantage members. Through proactive fall risk assessment, this strategic alliance intends to improve outcomes for these high-risk groups by providing timely insights about fall prevention.

Importance of Fall Prevention Technology

According to data from the National Institutes of Health (NIH), high obesity rates correlate with poor balance and impaired stability, increasing the likelihood of falls. This partnership will utilize OneStep’s smartphone-based motion analysis to deliver real-time fall risk assessments, which are pivotal for individuals who are prone to instability. This tailored approach enables members enrolled in Dario's programs to swiftly comprehend and address their fall risks.

Moreover, Medicare Advantage populations face unique hurdles related to frailty and balance. The integration of OneStep’s gait monitoring technology alongside Dario’s existing health programs focused on cardiometabolic and behavioral health will directly address these concerns, thereby alleviating potential risks associated with inactivity and sarcopenia (age-related muscle loss).

Enhancing Member Engagement and Outcomes

DarioHealth President and Chief Commercial Officer, Steven Nelson, emphasizes the advantages of integrating OneStep’s advanced assessment capabilities. He stated, “OneStep's fall risk assessment does not require wearables or calibration and will offer immediate, actionable insights to Dario’s members.” This synergy is expected to foster increased patient engagement and independence by empowering individuals to take preventive measures against falls, further driving down healthcare costs associated with fall-related injuries.

As falls stand as a primary source of injury in older adults, the need for innovations in fall prevention is paramount. With DarioHealth’s user-centric platform that emphasizes continuous interaction and customized care, these integrated solutions can lead to sustainable changes in health behaviors. The objective is dual: to protect vulnerable populations and to ensure that healthcare providers and payers achieve better results in terms of patient outcomes and cost savings.

Market Potential and Future Outlook

Statistics from the U.S. Centers for Disease Control and Prevention highlight the substantial financial burden of fall-related healthcare. With approximately 75% of these costs being covered by Medicare and Medicaid, the urgency for effective fall prevention strategies is evident. The expanding fall management market, valued at nearly $200 million and projected to grow to over $300 million by 2033, presents an opportunity for both DarioHealth and OneStep to enhance their impact on health outcomes in at-risk populations.

As they move forward, the partnership plans to develop a Master Services Agreement. This agreement will formalize their collaboration, enabling the integration of OneStep’s technology into DarioHealth’s offerings.

In summary, the DarioHealth and OneStep partnership signifies a vital progression in digital health aimed at improving the management of fall risks among vulnerable populations. By leveraging innovative technology, both companies are poised to meet the healthcare demands of today and deliver exceptional care strategies that can mitigate falls and their associated costs.

About DarioHealth Corp.: DarioHealth is revolutionizing chronic condition management with its cutting-edge digital therapeutics solutions, focusing on personalized care through data-driven insights.

About OneStep: OneStep focuses on transforming mobility data into actionable healthcare insights, making it easier for users to manage their movement-related health concerns.