AAmwell 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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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Boston, MA
Founded
2006
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Total Funding
$1.7B
Above
Industry Average
Funded Over
11 Rounds
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.
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.
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.
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
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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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Boston, MA
Founded
2006
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