What You Should Know:
– Jaan Health, the innovator behind the AI-powered proactive care platform Phamily®, today announced it has secured over $25M in funding, including $15M in non-dilutive growth capital from Level Structured Capital.
– The investment will accelerate the company’s mission to revolutionize “between-visit care” for millions of patients managing chronic conditions across the United States.
Phamily: Delivering Proactive Care at Population Scale
Phamily, Jaan Health’s core technology platform, is a patient engagement software and AI solution designed to enable healthcare organizations of any size to deliver high-quality, proactive care management at population scale. With a multi-year track record of clinical and operational success, Phamily has served hundreds of thousands of patients with over 250 different chronic condition diagnoses. It has fundamentally changed how physicians approach high-impact, between-visit care, particularly crucial in an era of healthcare labor shortages and rising costs.
This new funding will empower Jaan Health to build upon Phamily’s existing market leadership in virtual care, expand into new market segments, and further penetrate health systems and integrated networks. The company also plans to make key hires to support its rapid growth.
“Managing the ongoing needs of patients with chronic diseases is by far and away the number one challenge in healthcare and cannot be solved with an occasional doctor’s visit,” stated Nabeel Kaukab, Founder and CEO of Jaan Health. “Over the past decade, we have established a novel virtual care platform and proprietary artificial intelligence, Phamily, that improves both patient outcomes and provider profitability for over 150 healthcare organizations, while significantly reducing the total cost of care for payors.”
