DarioHealth acquires PsyInnovations for $30M

DarioHealth announced that it entered into an agreement to acquire digital health company PsyInnovations for up to $30 million.

PsyInnovations develops the wayForward behavioral digital health platform with AI-enabled screening to triage and navigate members to specific interventions, digital cognitive behavioral therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits, according to a news release.

Currently, wayForward provides its full suite of digital behavioral health services to approximately 20,000 members and 20 self-insured employers.

New York-based DarioHealth expects its acquisition of PsyInnovations and the wayForward platform to supplement its platform of digital therapeutics aimed at more easily changing behavior. DarioHealth’s platform covers diabetes, hypertension, pre-diabetes, musculoskeletal and behavioral health.

“Dario is a strong, flexible AI-driven platform that all…

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