Home Health & Hospice Week

Industry Note:

Home Health Start-Up Aims High

A San Franciso-based home health start up has national aspirations. Jet Health disclosed $16.65 million in funding in a Securities and Exchange filing, reports the Silicon Valley Business Journal. Investment firms SV Life Sciences and Health Enterprise Partners have partnered to back the company and support its goal of building a national home health platform, according to the Journal.

“The home health industry is poised to continue its strong recent growth driven by an aging U.S. population, patient preference to be treated in a comfortable and convenient setting at home, and significant cost savings relative to care in inpatient or nursing home facilities,” Jet Health CEO Jim Glynn said in a press release. Glynn was a former exec at Amerita, Apria, Gentiva, and Coram, the newspaper notes.

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