Avizia to be Acquired by American Well
April 30, 2018
Avizia, a leading player in acute care telehealth, announced that it has agreed to be acquired by leading telehealth provider American Well.
Cain Brothers is acting as the exclusive advisor to Avizia regarding the transaction.
Avizia partners with providers to deploy and power system-wide telehealth. To do this, Avizia combines a collaborative approach with a market-leading telehealth solutions suite that scales across the continuum of care. Trusted by eight of the top 10 IDNs in the nation and one in four U.S. hospitals, Avizia empowers providers to deliver unparalleled access and clinical excellence to patients.
Avizia is backed by a number of leading investors and strategic partners, including Echo Health Ventures, McKesson Ventures, HealthQuest Capital, Blue Heron Capital, NewYork-Presbyterian, Northwell Health and Catholic Health Initiatives.
American Well is a leading telehealth platform in the United States, connecting the nation’s largest hospitals, insurers, employers, and consumer technology companies for the purpose of delivering healthcare anywhere. American Well powers telehealth solutions for over 75 health systems, 140 unique telehealth use cases and 55 health plan partners covering 147 million lives, helping 1 in 3 Americans get the care they need, when and where they need it most.
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