Jaan Health Secures $25M Funding to Revolutionize Chronic Care Management

Jaan Health Expands Reach with New Funding



Jaan Health, known for its innovative AI-powered platform Phamily©, recently announced it has successfully raised over $25 million in funding to further improve care for patients suffering from chronic diseases. The financing primarily includes a remarkable $15 million from Level Structured Capital, which is associated with Level Equity, a private investment firm managing over $4.5 billion in assets. This new capital is set to significantly enhance Jaan Health's capacity to cater to the needs of healthcare providers and patients alike, particularly those grappling with long-term health conditions.

Challenges in Chronic Care Management



According to Nabeel Kaukab, the Founder and CEO of Jaan Health, addressing the ongoing requirements of patients with chronic illnesses is one of the paramount challenges in healthcare. Kaukab emphasizes that sporadic doctor's visits are insufficient for managing such complex healthcare needs. Over the past decade, Jaan Health has developed a groundbreaking virtual care platform, Phamily, which utilizes artificial intelligence to improve clinical outcomes while simultaneously boosting the profitability of healthcare providers.

The health tech company operates in a landscape increasingly plagued by healthcare labor shortages and rising operational costs. With this latest round of funding, the company aims to extend the benefits of its Phamily platform to millions more patients throughout the United States.

The Phamily Platform



Phamily is designed to facilitate patient engagement and provide healthcare organizations—regardless of size—with high-quality, proactive care management at scale. With proven success across hundreds of healthcare entities, Phamily has catered to the needs of an extensive patient base with over 250 chronic conditions. As it stands, Phamily aims to redefine how physicians approach care during the interim periods between patient visits.

In his remarks on the funding, Barry Osherow, a partner at Level Structured Capital, expressed admiration for Jaan Health’s ability to grow its business significantly without needing institutional capital. "Jaan Health stands out in a crowded health tech market due to its unique datasets and operational efficiency as they tackle the pressing issue of patient care scalability," he noted.

Support from the Healthcare Community



The benefits of the Phamily platform are evident to various stakeholders in the healthcare community. For instance, Bappa Mukherji, the CEO of Java Medical Group, remarked on how Phamily enables better patient care while optimizing labor efforts. He described the increasing pressure from decreasing reimbursements in hospitals and the importance of having such an effective tool as part of their care strategy.

Jaan Health is also excited about the strategic hiring plans that will bolster its growth and market presence. This funding allows Jaan Health to enhance Phamily’s position in the realm of virtual care, expand its market reach, and assist more health systems and integrated networks.

A Vision for the Future



For nearly a decade, Jaan Health has focused on delivering high-quality, proactive care to patients who have traditionally been underserved. By leveraging its proprietary technology, they aim to facilitate access to better treatment options and enhance the quality of care delivered between scheduled office visits.

As Jaan Health continues to evolve and adapt within the healthcare framework, the company remains committed to transforming the overall patient experience. By offering actionable care management through Phamily, Jaan Health is well-positioned to address both the clinical and financial demands of the healthcare ecosystem.

To find out more about how Jaan Health is revolutionizing chronic care management, visit phamily.com.

Topics Health)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.