Mylaurel, a serious, transitioning care provider at home-based, has locked down $12 million in its latest funding round. Deerfield Management and GV led the round and led the participation from Emerson Collective, Pinta Partners and Ochsner Health and Management.
The company's leader has designated the latest funding round for its growth and expansion strategy.
“The company is currently in two states: New York and Louisiana,” Mylaurel CEO Juan Vallarino told Home Health Care News. “We're trying to expand, so it helps to promote some of it. There are pipelines for the other three markets being entered and the funds are used to build them.”
New York-based Mylaurel provides serious care at home by partnering with payers, health systems and home health providers through value-based payment arrangements.
The company's service line includes rapid, sophisticated care and recovery at home. This is a patient intervention programme before and after hospitalization. Mylaurel aims to reduce hospital visits and readmission fees for affiliated organizations.
Over the years, Mylaurel has partnered with organizations such as Ochsner Health and Maimonides Health.
Aside from Mylaurel's recent $12 million funding round, the company recently achieved continuous growth in the first quarter of 2025 with a “record-breaking 2024”.
One of the main reasons behind growth is Myraurel's ability to help hospital and health system partners release hospital beds, Baralino pointed out.
Valarino said there is a large window of opportunity to help the healthcare system manage capacity issues and expand its scope into the home.
Vallarino plans to take a strategic approach to expanding Mylaurel's footprint.
“We won't be in the market without an Anchor Hospital client. It takes about eight months to reach profitability in the market,” Valarino said.
Ultimately, Vallarino is looking at home ASA keystone settings for healthcare that are more relevant.
“(Home care) is a growing segment of where health care is provided in terms of cost, from a patient's preference perspective,” he said.
