AVIA Expands Its Reach: What the Panda Health Acquisition Means for Healthcare Innovation

AVIA, a company based in Chicago, is shaking up healthcare by acquiring Panda Health. This move aims to enhance AVIA Marketplace, a hub designed for healthcare providers seeking digital health solutions.

AVIA Marketplace connects hospitals and health systems with digital health innovators, making it easier to find and implement the right tools. Panda Health also focuses on this mission, working as a marketplace to connect buyers and sellers of digital health technologies. They carefully assess various technologies, ensuring that only the best options are available to health systems.

Panda Health was founded in 2020 by several health systems, including Gundersen Health System and CentraCare, with backing from Vizient and other notable healthcare providers. This collaboration is impressive, bringing together over 75% of the country’s health systems and thousands of solution companies.

Clay Holderman, CEO of AVIA, emphasized the value of their community. “By leveraging the collective wisdom of health system leaders, we can make informed decisions,” he said. With Panda on board, the platform will expand its offerings, providing deeper insights and better tools to meet the evolving needs of the healthcare sector.

Recent data shows that healthcare technology adoption is crucial for efficiency and patient care. A survey by Deloitte found that 60% of healthcare organizations plan to increase their investment in digital health solutions over the next year. This trend reflects the industry’s shift towards integrated, technology-driven care.

Kristen Flint, Panda’s CFO, will lead the new combined efforts as Senior Vice President of Marketplace. As the healthcare landscape changes, this collaboration may deliver innovative solutions that cater to emerging needs. AVIA has also launched a new platform called Nexus Agentic AI to help health systems adopt artificial intelligence responsibly.

This acquisition is more than just a merger; it symbolizes a push towards a more interconnected and efficient healthcare system. The journey is just beginning, and as more health systems adopt digital solutions, we might see a significant transformation in patient care and operational efficiency.



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