Healthcare merger-mania hasn’t forgotten about the telehealth business, as American Well revealed that it will acquire Avizia. The appeal for American Well will be to expand its acute care offerings, as Avizia’s hospital-based business reflects more than 40 clinical specialties, including telestroke and telebehavioral health services. At the same time, Avizia said it expects that the newly expanded company “will offer…[an] enterprise telehealth platform for urgent care, chronic disease management, acute care, and postacute care.” Just last year, Avizia bought virtual care provider Carena. Persistence Market Research recently released a report predicting that the global and U.S. telehealth markets will see “sturdy” growth through at least 2026.

 

American Well Buys Avizia—with More Attention to Urgent Care Expected
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