2 years ago

Phare Health Secures £2.5 Million to Develop AI Tools for Hospitals

  • Phare Health, a London-based startup founded by DeepMind and Google Health alumni, has raised £2.5 million in seed funding led by General Catalyst, with participation from KHP Ventures and Bertelsmann Investments

  • The company is developing AI tools to support the administrative efforts of healthcare professionals, aiming to improve efficiency and free up clinicians' time for patient care

  • Phare Health's initial product uses a large language model to quickly review patient notes and turn them into usable data for administrative teams.

      • ProblemHealthcare

      "Hospital administrative tasks are time-consuming and detract from patient care due to short staffing and tight budgets, leading to significant backlogs and inefficiencies."

      Solution

      "Phare Health offers AI-powered tools that automate administrative tasks in hospitals, such as reviewing patient notes and converting them into usable data, freeing up clinicians to focus on patient care and improving overall efficiency."

      Covered on