Avail Medsystems Secures $100Million to Promote Remote Surgeries

By MedTech Outlook | Wednesday, November 25, 2020

Avail Medsystems has raised $100 Million to empower medical professionals to monitor surgeries from a remote location.

FREMONT, CA: Avail Medsystems has secured $100 Million in its latest funding round. The company would plan to invest the raised funds in rolling out its proprietary telemedicine technology that focuses on enabling medical care delivery experts and surgeons to monitor and contribute to surgeries from a distance remotely. Avail Medsystems would be deploying its innovative consoles in the surgery rooms for absolutely free of cost. The company would then be charging the medtech companies to access the network. The medtech companies can subscribe to check out the video streaming as well as collaboration capabilities of Avail’s consoles, through which the medical personnel can oversee surgeries remotely.

The demand for telemedicine and telehealth protocols is increasingly rising, and this trend has in itself become the avenue for Avail Medsystems to bag more and more subscribers to its proprietary remote surgery offering. Investors are today attracted by modern digital and remote healthcare and medical practices. With this, Avail Medsystems has raised a total of$125 million in a total of two financing rounds in a span of 10 months.

Avail Medsystems is a company that looks to provide simple and cost-effective solutions that help healthcare experts, as well as medical practitioners, stay connected all across the world via collaboration and digital or remote protocols. The company aims at enabling universal access to clinical and procedural expertise by removing physical, economic, and logistical barriers. Procedural Telemedicine is Avail Medsystem’s unique offering that helps hospitals and healthcare professionals achieve collaboration that is realistic, instantaneous, HIPAA-compliant, and easy. All in all, the company helps surgeries to be monitored remotely.