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Zarminali Health Launches with $40M in Seed Funding to Transform Pediatric Care through Nationwide, Multi-specialty Practice Group
LFSTLifeStance Health (LFST) GlobeNewswire News Room·2024-11-20 14:00

Company Overview - Zarminali Health is the first outpatient pediatric destination purpose-built to provide modern, seamlessly coordinated primary and specialty care nationwide [1] - The company announced $40M in seed financing led by General Catalyst, including a venture debt facility, to fuel its go-to-market vision and support the opening of initial locations in fall 2024 and beyond [1] - Zarminali Health aims to streamline care journeys for families, improve health outcomes for children, and enable pediatric clinicians to focus on delivering quality care [3] - The company was founded by Danish Qureshi, co-founder and former President and COO of LifeStance Health, inspired by his personal experiences coordinating care for a child with an autoimmune disorder [3] - Zarminali Health's early team includes experienced professionals from other scaled national healthcare startups such as VillageMD, and its first independent board member is Brandon Kerns, with relevant experience from Landmark Health, Carebridge, and Main Street Health [4] Industry Context - The current pediatric care system is highly fragmented, with a disconnect between primary care providers, specialists, and ancillary services, placing the burden of navigating the healthcare system on families [2] - Pediatricians are overburdened with high caseloads and unsustainable administrative tasks, while clinical teams are under-supported with manual processes and outdated technology [2] - Pediatric specialists remain siloed from primary care teams, exacerbating clinician burnout and hindering access to timely care for children [2] Strategic Vision - Zarminali Health is designed to address the flaws of the current healthcare system by creating a world where every child's health journey is seamlessly coordinated, advanced technology enhances every interaction, and clinicians support families every step of the way [4] - The company is building the nation's leading pediatric multispecialty group, focused on transforming the way pediatric care is delivered nationwide through intentional design of care delivery, enhanced by leading technology and collaborative, expert care teams [5] - Zarminali Health aims to lead the way towards a healthier future for pediatric patients and a happier future for pediatric clinicians nationwide [5]