Chicago – April 7, 2023 – Cooley advised Janus Health Technologies, a provider of healthcare revenue cycle management technology, on its strategic investment from Enhanced Healthcare Partners. Lawyers Gregory Grossman, Briana Yesilli and Megan Schaff led the Cooley team.
The investment will support Janus' market expansion and development of its innovative revenue cycle platform to increase efficiency and effectivity. Janus also will continue its mission of lowering administrative and operational costs while increasing cash collections in health systems.
Founded in 2020, Janus is focused on helping health systems get paid and reducing their cost to collect. Its end-to-end software platform begins by analyzing the current state of a revenue cycle operation, then identifying areas for efficiency and where automation can help revenue cycle teams do more with less. By harnessing the power of Janus' technology, such teams can work smarter, generating up to 2% more in net revenue and reducing collection costs by as much as 35%.