Full-Time
Posted on 10/31/2025
AI-driven hospital back-office optimization
$150k - $220k/yr
New York, NY, USA
Remote
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Phare Health applies AI, especially large language models, to hospital back-office tasks such as administration and revenue cycle management, helping providers run more efficiently and accurately. Phare Copilot analyzes large back-office datasets, assists with data entry, coding, billing, and reporting, and offers AI-generated insights while keeping human review; it integrates with existing hospital systems via a subscription model for ongoing updates. Its differentiators include a healthcare-focused scope, leadership with both clinical and AI expertise, and an emphasis on data privacy, reliability, and seamless integration that minimizes disruption to patient care. The goal is to speed up admin and revenue workflows, improve accuracy, and increase resilience so clinicians can spend more time with patients and hospitals can operate more digitally and efficiently.
Company Size
11-50
Company Stage
Seed
Total Funding
$3.3M
Headquarters
London, United Kingdom
Founded
2023
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Health Insurance
Unlimited Paid Time Off
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
R1 announced its agreement to acquire Phare Health, a healthcare tech company specializing in AI solutions for inpatient coding and clinical documentation improvement. This acquisition aims to enhance R1's strategy to automate the revenue cycle and achieve real-time medical claims adjudication. Phare Health's AI engine analyzes both structured and unstructured data to make context-aware coding decisions, advancing R1's capabilities in healthcare revenue management.
Europe’s healthcare systems have achieved nothing short of remarkable outcomes over the past half century. Life expectancy has increased by 10 years since 1960 and people born today can expect to live a vigorous life well into their 80s [1]. High population coverage rates and low levels of out-of-pocket spend have enabled strong access, quality and equity in care – making Europe’s health systems the envy of the world [2].
London-based Phare Health announced the successful closure of a €2.8 million (USD 3.1 million) seed funding round led by General Catalyst.
Phare Health raises £2.5m to develop AI tools for hospitals.
Phare Health has closed a £2.5 million seed round led by General Catalyst, with participation from KHP Ventures and Bertelsmann Investments.