Avel Ecare Announces The Acquisition Of Nightwatch To Expand Pharmacy Telemedicine Services
01/10/23, 4:01 PM
Location
west palm beach
Industry
natural resources
health care
Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, today announced the acquisition of NightWatch, a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region. The acquisition strengthens Avel's existing suite of telemedicine offerings and enables the company to expand its reach to better service customers across the United States.
Company Info
Location
West Palm Beach, Florida, United States
Company info
The firm had $6.9 billion in assets under management as of June 30, 2021. “We are pleased to contribute Comvest’s significant investment expertise in recurring-revenue businesses in the healthcare and technology sectors in structuring a highly customized, needs-responsive facility that will enable Avel eCare to rapidly expand the business. Based in Sioux Falls, S.D., Avel eCare is among the world’s largest virtual care providers, delivering two-way video telehealth care to a variety of healthcare facilities, including health systems, rural hospitals, critical care units, outpatient clinics, and long-term facilities. Avel eCare is one of the largest and most comprehensive virtual care providers in the world – partnering with more than 600 health care systems, rural hospitals, outpatient clinics, long-term care facilities, assisted livings, and schools to deliver innovative care in communities across the country.