Telehealth provider Amwell on Wednesday (July 31) reported second-quarter revenue of $62.8 million (above guidance of $61.1 million), driven by $27.5 million in subscription revenue and $28.7 million from visits to Amwell Medical Group (AMG). Despite a net loss of $49.9 million — down from...
Amwell saw telehealth usage dip in 2023 amid a milder flu season than was seen during the previous year. The hybrid care delivery enablement platform saw 1.6 million visits in the fourth quarter, down from 1.7 million during the same quarter in 2022, according to Amwell’s...
Telehealth firm Amwell announced strong third-quarter results for the year 2023 during an earnings call on Wednesday (Nov. 1). One of the key highlights of the quarter was Amwell securing a contract with the Defense Health Agency (DHA). The contract, worth up to $180 million,...
Telehealth company Amwell highlighted successful client migrations, virtual nursing capabilities and a focus on business development during its Q2 2023 earnings call. During the Wednesday (Aug. 2) call, Amwell Chairman and CEO Dr. Ido Schoenberg discussed the successful migration of Intermountain Health, a major health system, to Amwell’s Converge platform....
February 13, 2025
The healthcare industry is turning to digital tools and technologies to improve patient care. From artificial intelligence (AI) and telehealth to robotics and AI-driven diagnostics, these innovations are changing how healthcare is delivered. However, experts like Andrew Speight, CMO at RXNT, stress that while these advancements can elevate patient care, they cannot replace the critical […]
March 30, 2020
While it is often said that every dark cloud has a silver lining, that particular aphorism is difficult to appreciate when one is standing under said dark cloud in a...
February 14, 2024
Amwell saw telehealth usage dip in 2023 amid a milder flu season than was seen during the previous year. The hybrid care delivery enablement platform saw 1.6 million visits in the fourth quarter, down from 1.7 million during the same quarter in 2022, according to Amwell’s fourth quarter and full-year earnings releases for 2023 and 2022, respectively. The […]
November 01, 2023
Telehealth firm Amwell announced strong third-quarter results for the year 2023 during an earnings call on Wednesday (Nov. 1). One of the key highlights of the quarter was Amwell securing...
August 02, 2023
Telehealth company Amwell highlighted successful client migrations, virtual nursing capabilities and a focus on business development during its Q2 2023 earnings call. During the Wednesday (Aug. 2) call, Amwell Chairman and CEO...
September 17, 2020
With telehealth exploding in popularity, Amwell went public Thursday (Sept. 17) and saw shares up 28 percent at closing, according to CNBC. Despite the rapid-fire adoption of telehealth as a...