American Well to acquire Avizia, deepening capabilities in acute care delivery
American Well, a U.S. telehealth provider, announced that it has entered into a definitive agreement to acquire Avizia, a player in acute care telehealth.
This acquisition will bring to American Well a comprehensive acute care capability, including the a 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 telehealth ecosystem, including health systems, health plans, consumer aggregators, and healthcare 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.
Avizia powers over 1,300 hospital deployments and is provides comprehensive acute care telemedicine implementation for large health systems. The company has a global presence in over 38 countries, with 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 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.