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M&A: Avel eCare acquires Horizon Virtual

by Jasmine Pennic 05/02/2024 Leave a Comment

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Avel eCare acquires Horizon Virtual

What You Should Know:

– Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, continues its aggressive growth strategy with the acquisition of Horizon Virtual, a Minnesota-based virtual hospitalist services provider. 

– This acquisition builds upon Avel’s previous expansion, including the January 2023 acquisition of remote pharmacy services provider NightWatch. Today, Avel serves hundreds of customers across the country with a comprehensive suite of telemedicine solutions and care delivery models.

Strengthening Hospitalist Expertise

Dr. David Willardsen, former CEO of Horizon Virtual, will join Avel as Vice President of Provider Relations and Strategic Partnerships. He will play a key role in developing strategies for market expansion and forging new partnerships. Dr. Todd Severnak, formerly with Horizon Virtual, will serve as Avel’s Medical Director for the combined Hospitalist service. He will lead a team of experienced hospitalists, delivering 24/7 care to hospitals nationwide.

“This is a great strategic fit for Horizon Virtual. After more than seven years of working with critical access hospitals and medical facilities in Minnesota to help address staffing challenges and provide the appropriate physician coverage in their hospitalist areas, we can now offer our customers solutions that address multiple areas within their hospitals while continuing to provide the same world-class virtual care. It has been an honor and will continue to be my desire to serve our customers and help alleviate staffing shortages and physician burnout as it has enabled more patients to remain in their local communities near friends and family support,” says Darin Willardsen, the CEO of Horizon Virtual. 

Expanding Nationwide Reach

Horizon Virtual’s highly skilled team of internal medicine hospitalists significantly enhances Avel’s robust network of clinicians. This acquisition builds upon Avel’s previous purchases of Fident Health (September 2023) and NightWatch (January 2023), further expanding its service offerings and geographic reach.

Elevating Patient Care with 24/7 Support

Avel eCare provides hospitals across the U.S. with access to a dedicated team of board-certified hospitalists and registered nurses, available 24/7. Avel’s virtual clinicians seamlessly integrate into local medical teams, collaborating with on-site staff to deliver and coordinate high-quality patient care. Avel’s proprietary software platform simplifies communication and ensures efficient care delivery.

Avel’s Comprehensive Telemedicine Solutions

With this acquisition, Avel eCare continues to position itself as a one-stop shop for telemedicine solutions. The company now serves hundreds of customers nationwide, offering a variety of services and care delivery models to meet the evolving needs of the healthcare industry.

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Tagged With: Healthcare Mergers & Acquisitions

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