Delivering on a promise spoken just last week, DarioHealth announced partnerships today that will allow customers in the United States who use the company’s digital diabetes monitoring system to have their products reimbursed by insurance.
All third party insurers were not named, but the company said it had signed alliance agreements with partners across the country who will be able verify...
The Centers for Medicare and Medicaid Services has deemed certain therapeutic continuous blood glucose meters (CGMs) as durable medical equipment and thus are eligible for coverage.
It’s not all cut and dry, of course. Eligible devices must fit several definitions: they must be a class III, FDA-approved device, and they must be CGMs that measure blood glucose levels periodically by using sensors...
Diabetes management device maker Intuity Medical has raised another $15 million in Series C funding in a round led by PTV Healthcare Capital, new investors KCK Group, and affiliates of Luther King Capital Management. Existing investors Accuitive Medical Ventures, Investor Growth Capital, US Venture Partners, Venrock and Versant Ventures also contributed to the round.
The company, which makes an...
