What is Avera?
Avera Health stands as a comprehensive healthcare system, extending its services to over 300 locations across five states in the Upper Midwest. The organization is dedicated to holistic patient care, encompassing mind, body, and spirit. Its extensive service portfolio includes primary care, women's and children's health, orthopedics, advanced cancer care, and behavioral health. Avera places a particular emphasis on bolstering rural health access through innovative telemedicine and outreach programs. Guided by Christian values, the provider is committed to delivering high-quality care, while also actively participating in research and clinical trials to advance treatment methodologies. Furthermore, Avera demonstrates a strong commitment to community well-being and fosters a supportive environment for healthcare professionals.
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
Key Investors in Avera
PPP
Public-Private Partnership
What's next for Avera?
The recent major strategic investment signals Avera's robust position and its strategic intent for future development and expansion. As a large-scale, late-stage entity, this capital infusion is likely to fuel further enhancements in its service offerings, potentially including the expansion of its telemedicine capabilities, the integration of new research initiatives, and the strengthening of its presence in underserved rural communities. This financial backing will be instrumental in Avera's ongoing mission to provide comprehensive, values-driven healthcare across its extensive network.
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