American Well to Acquire Avizia, Deepening Capabilities in Acute Care Delivery
American Well, the leading U.S. telehealth provider, today announced that it has entered into a definitive agreement to acquire Avizia, a leading player in acute care telehealth.
This acquisition will bring to American Well a comprehensive acute care capability, including the best in class hospital-based cart lineup and custom software workflows for more than forty clinical specialties, including telestroke and tele-behavioral health. The move will enhance options available to clients across American Well’s diverse telehealth ecosystem, including health systems, health plans, consumer aggregators, and health care service innovators, enabling clients to choose one comprehensive single platform solution. This acquisition is scheduled to close in late Q2 subject to the attainment of certain conditions.
Today, Avizia powers over 1,300 hospital deployments and is a leader in comprehensive acute care telemedicine implementation for large health systems. The company has a significant global presence in over 38 countries, with strong clinical use cases across behavioral health, chronic care, stroke, pediatrics and urgent care at over 70 health systems.
When added to American Well’s current list of leading U.S. hospital and health system partners, the combined telehealth platform would serve millions of patients in home and hospital settings, with the ability to extend care well beyond the walls of the hospital and envelope the patient before, during and after inpatient treatment.
The comprehensive platform will also greatly enhance the provider experience, giving clinicians a single solution for treating all of their patients across the continuum of care, from low to high acuity cases. Superior software solutions coupled with purpose-built telehealth devices will support a range of hospital use cases, enabling health systems to streamline clinical workflows; manage records easily by integrating with leading EMRs; optimize physician availability and utilization; and deliver care beyond their typical geographic reach.
“Avizia has always sought to help providers be confident they’re giving patients the best access to the best care, regardless of location. As part of American Well, we can expand this vision. Together, we will offer a truly best-in-class, enterprise telehealth platform – for urgent care, chronic disease management, acute care, and post acute care. We will empower providers and patients to experience next generation care at the leading healthcare institutions in the world” – Avizia CEO, Mike Baird.
