American Well Corporation
NNYSE:AMWLCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Ido Schoenberg
- Full Time Employees
- 562
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 75 State Street Boston MA United States 02109
- IPO Date
- Sep 17, 2020
- CIK
- 0001393584
- Website
- business.amwell.com
- Similar Companies
- Business
- American Well Corporation American Well Corporation (AMWL), doing business as Amwell and founded in 2006 with headquarters in Boston, Massachusetts, operates as a leading enterprise telehealth platform provider that digitally enables hybrid care delivery, including in-person, virtual, and automated services, primarily to health systems, health plans, employers, providers, government entities, and innovators across the United States and internationally. The company offers its flagship Converge cloud-based platform, which supports virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health; specialty care programs encompassing dermatology, musculoskeletal care, second opinion, and cardiometabolic care; Carepoint devices that convert carts, peripherals, tablets, and TVs into digital access points in clinical settings; Amwell Medical Group network services featuring primary and urgent care, behavioral health therapy, lactation counseling, and nutrition services; and professional services for implementation, workflow design, systems integration, service expansion, patient engagement, and provider engagement. Amwell sells its solutions through field sales professionals, channel partners, and value-added resellers, targeting providers, payers, government, and higher education sectors while enabling care across the healthcare continuum from urgent care to high-acuity specialty consults like telestroke and telepsychiatry. In recent developments, the company outlines a 2025 revenue target of $245 million to $248 million with a strategic shift toward high-margin AI initiatives and operational efficiency aimed at achieving cash flow break-even by the end of 2026; reports third-quarter 2025 revenue of $56.3 million despite an 8% year-over-year decline, alongside improved adjusted EBITDA losses and key platform deployments such as replacing MHS Video Connect with full integration into MHS GENESIS electronic health records, nearly tripling virtual visits, and expanding to the U.S. Coast Guard and Military Entrance Processing Command; and won a significant contract with Florida Blue while exploring potential divestitures of non-core assets to streamline operations and enhance its core AI and innovation focus.
Company News
Amwell makes grant to new employees under inducement plan
What American Well (AMWL) Said on Its Q3 Earnings Call
American Well Corporation (AMWL) Q3 2026 Earnings Call Transcript
American Well Corporation (AMWL) Reports Q3 Loss, Tops Revenue Estimates
Amwell® Announces Results for the Third Quarter 2026
American Well (AMWL) Surges 6.1%: Is This an Indication of Further Gains?
Amwell® to report third quarter 2026 operating results
Discovery Health expanded access to mental healthcare for 22,000 members in one year, with better outcomes and lower hospital costs
Are Medical Stocks Lagging Elevance Health, Inc. (ELV) This Year?
A Look at American Well Corp (AMWL) After 3.4% Gain -- GF Value $6.30 vs Price $13.58
American Well Corporation (AMWL) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript
Are Medical Stocks Lagging Elevance Health, Inc. (ELV) This Year?
Zacks Industry Outlook Medical Systems, American Well and Butterfly Network
3 Medical Info Systems Stocks to Gain From GenAI Boom Amid Cyber Risk
Heartflow (NASDAQ:HTFL) versus American Well (NYSE:AMWL) Financial Analysis
Amwell Receives Letter of Intent from Department of Veterans Affairs to Help Power its Digital Health Infrastructure
Amwell® receives Frost & Sullivan's 2026 Technology Innovation Leadership Recognition for addressing healthcare fragmentation
Amwell® to participate in upcoming investor conferences
American Well (AMWL) Upgraded to Buy: What Does It Mean for the Stock?
Here Is Why Bargain Hunters Would Love Fast-paced Mover American Well (AMWL)