Phare Health, a London-based startup that is building fintech tools for hospitals in the UK and Europe £2.5 million Seed led by General Catalyst.
The company develops AI products to help hospitals better understand the state of their finances and have better intelligence on costs and cash flow.
Its initial product leverages large language models to help hospitals capture high-quality data about the care they deliver, help hospitals better manage resources and recover their costs efficiently, and ensure that NHS Trusts are reimbursed accurately for their work.