LabStyle opens business model to HME providers

Friday, July 22, 2016

BURLINGTON, Mass. – LabStyle Innovations has tapped Gemco Medical to become the first authorized U.S. distributor of its Dario Blood Glucose Monitoring System. The partnership will complement LabStyle’s direct-to-consumer model to further expand and strengthen the company’s presence in the U.S. “The Gemco Medical partnership will allow LabStyle to expand its reach to thousands of pharmacies and durable medical equipment dealers across the country,” said Erez Raphael, CEO and chairman, in a press release. “This expansion will also allow Dario access on commercial health plans that cover blood glucose monitoring supplies as a medical benefit.” LabStyle’s flagship product, the Dario Smart Diabetes Management Solution, is a platform for diabetes management that combines the all-in-one Dario Blood Glucose Monitoring System meter, test strips and controls with a real-time native smartphone app that includes a variety of tools to support and engage users, doctors and healthcare systems.