What is Avera?
Avera Health is a comprehensive healthcare system dedicated to holistic patient care, encompassing mind, body, and spirit. Serving five states in the Upper Midwest through more than 300 facilities, Avera offers a broad spectrum of medical services. These include primary care, women's and children's health, orthopedics, oncology, and behavioral health. A particular focus is placed on enhancing rural healthcare access through telemedicine and outreach initiatives. Guided by Christian values, Avera is committed to delivering high-quality care, advancing medical research, and exploring new treatment options via clinical trials.
How much funding has Avera raised?
Avera has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Avera?
The substantial late-stage funding secured by Avera signals a strategic push towards scaling its operations and potentially expanding its technological infrastructure. This capital infusion is likely to support Avera's mission to broaden its reach, particularly in underserved rural areas, and to enhance its telehealth capabilities. The 'major strategic investment' suggests a focus on long-term growth, possibly involving new service line development, strategic partnerships, or acquisitions aimed at solidifying its position as a leading healthcare provider in the region. Continued investment in research and clinical trials is also anticipated.
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