Diabetes
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Although it's still operating in the red, the digital chronic disease management company logged 149% revenue growth in 2019.
HbA1c values also declined across a sample of program participants, many of whom said they were unfamiliar with the diabetes management tools prior to enrollment.
Renza Scibilia, manager of type 1 diabetes and consumer voice at Diabetes Australia, says those with diabetes should be provided with choices of treatment plans and supported in their choices.
Dexcom G6 users will now be able to integrate their continuous glucose monitor to the Livongo platform for more personalized insights and coaching.
Triple Regards President Ayumi Maruyama says application designs that are patient-centric can keep users motivated to continue to use them.
The deal follows on the company's 2018 acquisition of AI nutrition app Nutrino.
The round now comes to a total of $16.55 million, and will continue to support the company's push into the VA and commercial payer markets.
New CEO Paul Hudson said during today's strategy presentation that the company had "over-invested" in the joint venture back in 2016.
While Dexcom reports that interruptions in the service are mostly under control, many customers are critiquing the company's poor messaging of the issue, which they say could be fatal.