Avel eCare, one of the nation’s leading providers of clinician-to-clinician telemedicine services, announced on January 10 the acquisition of West Virginia-based NightWatch. 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. Terms of the deal were not disclosed.
NightWatch is a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region. NightWatch provides remote hospital pharmacy coverage to help ensure patient safety and prevent burnout among pharmacists.
Since 1993, Avel eCare’s physicians and clinicians have partnered with more than 650 health care systems, rural hospitals, outpatient clinics, long-term care facilities, schools, and correctional facilities across the country to deliver high-quality care. Private equity firm Aquiline Capital Partners acquired Avel eCare in November 2021.
According to data captured in the LevinPro HC database, this marks the eighth eHealth deal and second telehealth deal of 2023. There were 321 eHealth and 56 telehealth transactions announced in 2022.
