The telehealth solution provider Avizia has completed its first round of financing.
In its Series A equity financing round, Avizia raised $17 million. This invested capital includes $6 million from Health Quest Capital with strategic partner NewYork-Presbyterian, which Avizia will use to expand its telehealth offerings for hospitals and other healthcare facilities.
"This investment represents an important step forward for NewYork-Presbyterian and our digital health offerings," said Steven J. Corwin, MD, president and CEO of NewYork-Presbyterian. "We look forward to collaborating with Avizia and bringing the next generation of healthcare technology to patients in New York and around the country."
In recent years, NewYork-Presbyterian has focused its efforts on video consult services for patient care. In particular, the healthcare system has leveraged telehealth to reduce emergency room wait times and to facilitate increased physician-to-physician consult programs. Moving forward, NewYork-Presbyterian will expand its role in advising Avizia.