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StartUp Health Company Avado, Inc., Acquired by WebMD
Date:10/30/2013

New York, N.Y. (PRWEB) October 30, 2013

StartUp Health, a global startup platform accelerating digital health and wellness innovation, today announced that portfolio company Avado, a developer of cloud based patient relationship management (PRM) solutions, was acquired by leading health information provider WebMD. This is the second StartUp Health company acquired in the past three months.

Avado’s technology is one of the key elements that will complete the role of patient relationship management connectivity offering for WebMD customers. Avado, Inc., was founded in 2010, by Dave Chase, Bassam Saliba and John Yii, three Healthcare Transformers improving health outcomes through better communication between patients, families and their care team.

“It has been an honor to partner with Dave, Bassam and John during their tenure as Healthcare Transformers in StartUp Health,” said Unity Stoakes, president and co-founder of StartUp Health. “The entire Avado team worked incredibly hard on developing an innovative patient relationship management technology with the goal of improving patient outcomes. They are extraordinary entrepreneurs and we are excited to see this technology blossom at WebMD, one of the most trusted brands in the U.S.”

StartUp Health is the only long-term academy designed to help digital health entrepreneurs build and scale at multiple stages of growth. Its unique global startup platform supports companies like Avado that are focused on making a transformative impact on the future of health and wellness. There are currently 46 innovative digital health companies in StartUp Health Academy who have have raised more than $100 million combined.

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