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American Well Corp (Amwell) is a healthcare technology company that provides a digital care delivery platform for healthcare providers, payers, health systems, and patients. The company offers the Amwell Platform, a unified digital care platform designed to support virtual care, primary care, behavioral health, specialty care, automated care programs, and care coordination across the healthcare continuum. Its solutions include Virtual Primary Care, Behavioral Health, Clinical Partner Programs, and technology-enabled care delivery tools that support patient engagement, clinical workflows, reporting, analytics, and interoperability. The company serves health plans, healthcare systems, providers, payers, and consumers. American is headquartered in Boston, Massachusetts, the US.
Headquarters
United States of America
Address
26th Floor, 75 State Street, Boston, Massachusetts, 02109
Website
business.amwell.com
Telephone
1 617 2053500
No of Employees
562
Industry
Technology and Communications
Ticker Symbol & Exchange
AMWL (NYSE)
Revenue (2024)
$249.3M
-2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
54%
(2024 vs 2023)
Market Cap*
$215.0M
Net Profit Margin (2024)
XYZ
53.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Digital Care Platform: | Virtual Primary Care |
| Amwell Platform | Behavioral Health |
| Clinical Partner Programs | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In January, the company sold its Amwell Psychiatric Care to Avel eCare, a telemedicine provider of clinician-to-clinician services. |
| 2022 | Contracts/Agreements | In October, the company entered into an agreement with Hilinski's Hope Foundation to address the crisis in college mental health. |
| 2022 | Contracts/Agreements | In June, the company entered into an agreement with Indegene to provide unparalleled patient support solutions to life sciences organizations. |
Competitor Comparison
| Key Parameters | American Well Corp | Teladoc Health Inc | First Stop Health LLC | MDLIVE Inc | Virta Health Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Boston | New York | Chicago | Miramar | Denver |
| State/Province | Massachusetts | New York | Illinois | Florida | Colorado |
| No. of Employees | 562 | 5,600 | - | 100 | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ido Schoenberg | Chairman; Chief Executive Officer | Executive Board | 2006 | 60 |
| Roy Schoenberg, MD | Vice Chairman | Executive Board | 2006 | 57 |
| Mark Hirschhorn | Chief Operating Officer; Chief Financial Officer | Senior Management | 2025 | - |
| Amber Howe | Chief People Officer | Senior Management | - | - |
| Cynthia Horner, MD | Chief Medical Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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