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 […]
In the western world, Covid-19 vaccination programmes are well underway and life is inching towards normality – but for some countries, the pandemic is wreaking new levels of devastation. India is grappling with a catastrophic second wave, having reported over 20 million coronavirus cases and over 250,000 deaths amid widespread oxygen shortages in hospitals. The […]
DarioHealth is expanding its reach into the growing digital mental health market. The digital therapeutics company is acquiring PsyInnovations Inc., doing business as wayForward, for $30 million. Under the agreement, DarioHealth has agreed to pay $30 million, with $25 million due at closing and a future contingent payment of up to $5 million if behavioral health revenues from the […]