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Amwell

HIPAA-compliant telehealth platform for enterprises

Overview

Amwell provides a HIPAA-compliant telehealth platform for enterprise clients, selling as a subscription (Converge) and generating visit revenue through its AMG network. The platform is open-architecture and embeds into clients’ workflows and electronic health records, integrating Amwell’s tools with third-party apps to support virtual consultations and hybrid care. It earns revenue from platform subscriptions, per-visit fees, services like implementation, and telehealth hardware (Carepoints). Amwell differentiates itself with a scalable, brandable, embedded solution that works inside existing systems and workflows, partnered with more than 55 health plans and large health systems. The company’s goal is to make healthcare more accessible and affordable by expanding digital care—delivering virtual and hybrid care at scale through enterprise relationships and a broad provider network.

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About Amwell

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Industries

Enterprise SoftwareHealthcare

Company Size

501-1,000

Company Stage

IPO

Headquarters

Boston, MA

Founded

2006

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Funding

Total Funding

$1.7B

Above

Industry Average

Funded Over

11 Rounds

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Parental Leave
  • 401(k) Company Match
  • Employee Stock Purchase Program
  • Tuition Reimbursement
  • Pet Insurance

Stock Price

Growth & Insights and Company News

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
Yahoo Finance
Nov 3rd, 2026
Amwell Q3 revenue hits $49M, beating guidance; raises 2026 outlook to $204M–$206M

Amwell reported third-quarter 2026 revenue of $49.0 million, above its guidance range. Subscription revenue was $23.9 million, and Amwell Medical Group visit revenue was $23.7 million. Gross margin was 53%. Net loss widened to $11.0 million from $9.6 million in the second quarter, and adjusted EBITDA was a loss of $3.6 million, against a $1.2 million loss. The Boston-based healthcare platform company raised its 2026 revenue outlook to $204 million to $206 million, from $200 million to $205 million. It narrowed its adjusted EBITDA outlook to a loss of $7 million to $8 million. For the fourth quarter, Amwell expects revenue of $48 million to $50 million and adjusted EBITDA of $0 to $1 million. It expects positive cash flow from operations in the quarter.

Yahoo Finance
Jul 23rd, 2026
OpenAI's ChatGPT medical records feature sends Teladoc and Amwell stocks down 3% and 8%

Shares of telehealth platforms Teladoc Health and American Well retreated on Thursday after OpenAI launched an expanded Health experience inside ChatGPT for US users. Teladoc fell 3% whilst Amwell declined 8%. The new ChatGPT feature allows users to securely connect personal health data from Apple Health, US hospital systems, One Medical, or Function Health. ChatGPT can then reference medications, lab trends, recent visits, sleep, activity, and workouts across conversations. Both Teladoc and Amwell operate virtual-care networks that let patients access clinicians, review records, and manage lower-acuity issues. The new feature may cause potential telehealth customers to delay or skip paid virtual consultations for informational needs. OpenAI said connected information receives additional encryption and is never used to train models or target advertisements.

Yahoo Finance
May 4th, 2026
American Well expects $51.5M Q1 revenue with $1.15 loss per share ahead of 5 May earnings

American Well Corp is set to release its Q1 2026 earnings on 5 May 2026. Analysts expect revenue of $51.49 million and a loss of $1.15 per share for the quarter. Revenue estimates for the full year 2026 have declined from $240.41 million to $199.37 million over the past 90 days, whilst earnings estimates improved from a loss of $4.84 per share to $4.37 per share during the same period. In the previous quarter ending 31 December 2025, American Well beat revenue expectations by 4.95% and earnings estimates by 13.14%, resulting in a 24.71% share price increase. Analysts' average one-year price target of $6.50 suggests 6.21% upside from the current price of $6.12, with a consensus "Hold" rating from nine brokerage firms.

Business Wire
Oct 27th, 2022
Amwell To Participate In Upcoming Investor Conferences

BOSTON--(BUSINESS WIRE)--Amwell®, (NYSE: AMWL) a leader in digital healthcare enablement, today announced that members of the Amwell management team will participate in the following upcoming investor conferences:. On November 10, 2022, Dr. Ido Schoenberg, Chairman and CEO, and Bob Shepardson, CFO, will attend the Credit Suisse 31 st Annual Healthcare Conference in Palos Verdes, CA, and will participate in an in-person fireside chat at 8:30 a.m. PT. They will also conduct one-on-one meetings with investors that day

Business Wire
Sep 14th, 2022
Amwell Extends Technology Leadership Team

BOSTON--(BUSINESS WIRE)--Amwell® (NYSE: AMWL), a digital care delivery leader, today announced the appointments of Vaughn Paunovich to the role of Executive Vice President, Enterprise Platforms, and Matthew McAllister to Chief Product Officer. Vaughn will oversee technological delivery and innovation, including for Converge™, Amwell’s enterprise grade digital care delivery platform, and Matthew will join Vaughn’s leadership team with responsibility for product management and design. “We are experiencing a time of great transformation for Amwell and for our industry. Customers today no longer want to buy features. They want a partner who can assimilate deep knowledge, experience, and interoperable technology to solve for their current and future digital aspirations,” said Roy Schoenberg, CEO, Amwell. “As we complete some of the most strategic aspects of the build-out of Converge, our digital care delivery platform, we are excited to have Vaughn and Matthew join our executive team. Both bring unparalleled experience leading digital transformation initiatives for some of the world’s leading health and technology companies and will contribute meaningfully to our rapid innovation, working in partnership with our customers to deliver the best-in-class, future-ready experiences they desire.”

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