Ilara Health, the Kenya-based healthtech company that has delivered affordable diagnostics, digitization, and healthcare financing support since 2019, has announced that it is reviewing and restructuring its operations.
The venture-backed company’s mission is to help primary care clinics across Africa deliver better healthcare, from financing diagnostic equipment and medicines to fully digitizing a healthcare facility’s operations.
Due to current market conditions and financing dynamics, including a reversal of funding commitments and delays in disbursements, the company expects that its current headcount will be reduced significantly, ensuring service continuity for clinics and patients.
Those potentially impacted have been notified, and a 30-day consultation process has begun, in accordance with Kenyan employment law.
Since 2019, Ilara Health has partnered with 3,000+ primary healthcare clinics across 46 out of 47 counties in Kenya, which in turn provide care to over 6 million patients each year.
The company has been working towards a clear path to profitability with market-fit products, leaner and more efficient operations, and rising revenues from their core focus areas.
As the company now reviews all aspects of its operations, the focus will be on cash-generative business lines.
Emilian Popa, Founder and CEO of Ilara Health, adds,
“This is a difficult moment for our team, especially in light of recent strides we have made in the business. We know that any potential job losses have a real impact on people’s lives. Our colleagues are at the heart of Ilara, and we are committed to supporting them through this period. In addition, we are also resolutely focused on service delivery through the Ilara Health network, and our priority remains, as ever, to underserved communities who need access to essential healthcare services in Kenya”.
Founded in 2019, Ilara Health provides technology and services that help primary healthcare providers deliver accessible, quality care across Kenya.
