Aug. 4 at 3:32 PM
$DRIO A pattern is forming. A new business model that can be stood up within many different areas of medical care to managed the costs of care for payers while create savings for them in amounts bigger than it costs an insurance company to pay DRIO. This business is viable because it makes money for its clients (ie ROI). The holy grail in health care.
This philosophy of ROI is similar to a concept called managed care. "At the heart of managed care is the goal of aligning incentives among payers, providers, and patients to reduce unnecessary spending while maintaining or enhancing quality. This is achieved through strategies such as capitation, gatekeeping, and utilization review." In other words, these strategies save money by denying claims which doesnt always work. Now DRIO has an ROI strategy that saves money by improving outcomes and changing patient behavior - everyone wins.
Bottom line: DRIO sells itself...and insurance renewal season is in 3 months.
https://www.prnewswire.com/news-releases/dario-expands-provider-backed-cardiometabolic-platform-with-new-womens-health-and-sleep-solutions-aligning-with-client-demand-302841434.html