AmWell

By Mallory Hackett 11:28 am September 17, 2020
Amwell made its debut on the New York Stock Exchange today after announcing late Wednesday night the pricing for its upsized initial public offering of about 41.2 million shares of Class A common stock at $18 per share. The updated pricing equates in total gross proceeds of approximately $742 million, before deducting underwriting discounts and commissions and offering expenses payable by Amwell...
By MobiHealthNews 02:41 pm September 11, 2020
AmWell and GoodRx seem to be ushering in a second wave of digital health IPOs. Why is this happening now? And who's next? With Healthbox President and HIMSS EVP Neil Patel as their guest, the MobiHealth team (host Jonah Comstock, Managing Editor Laura Lovett and Associate Editor Mallory Hackett) dive into these questions and more. Plus, in the second half of the show, they discuss Amazon Halo,...
By Laura Lovett 02:00 pm August 25, 2020
Telehealth giant Amwell has officially filed to go public, fueled with a $100 million funding boost from Google’s cloud division.  The funding also comes with a partnership agreement, which designates Amwell as Google Cloud's preferred telehealth provider, and vice versa for Google’s cloud platform. The pair will also collaborate on technology, specifically bringing together AmWell’s telehealth...
By Laura Lovett 01:54 pm June 8, 2020
Telemedicine giant AmWell is looking to go public, following a surge in use amid the coronavirus, CNBC first reported. The company declined to comment on news of the IPO when MobiHealthNews reached out.  CNBC is reporting that the Boston-based company hired Goldman Sachs and Morgan Stanley to broker the deal, which is expected to take place in September.  This news comes only weeks after the...
By Laura Lovett 03:59 pm May 20, 2020
This morning telehealth giant Amwell raised a whopping $194 million in a Series C funding. Allianz X and Takeda were among the participants this round.  Amwell has a history of large funding rounds. In 2018 it raked it a cool $365.4 million in Series B funding, and in 2014 it raised $81 million.   This latest funding news comes as telehealth gets its era in the spotlight, as providers and...
By Laura Lovett 03:55 pm April 21, 2020
This morning Boston-based telemedicine company Amwell (formerly American Well) announced its new virtual-health offering geared towards small and medium physician practices with less than 100 providers.  Clinicians using the platform, dubbed Amwell Private Practice, will be able to begin scheduling virtual appointments for their existing patients. Amwell also noted that the tool is currently...
By Dave Muoio 10:34 am November 7, 2019
Telehealth giant American Well has struck a deal to acquire Aligned Telehealth, a vendor of telepsychiatry and behavioral health that services providers and payers. American Well says that this move will make it the largest enterprise telepsychiatry platform operating in the US. At this time, the companies are not sharing any terms of the deal such as its price, official effective date or whether...
By Laura Lovett 03:39 pm October 21, 2019
Cleveland Clinic is teaming up with American Well to launch a joint venture dubbed The Clinic, a telehealth service that specializes in comprehensive and high-acuity care. The idea is to merge the health system’s care services with the telehealth company’s technology.  Users of the new system will be able to access Cleveland Clinic physicians and specialists through the American Well technology...
By Dave Muoio 11:36 am June 14, 2019
Seeking to better reach aging patients in their homes, telehealth company American Well has partnered with Cisco Systems on an upcoming effort to deliver virtual care through home television sets, the companies announced today at American Well’s annual Client Forum in Boston. “This is a very, very different exercise than any of the tech health that we’ve done in the past, because this isn’t about...
By Dave Muoio 02:27 pm December 11, 2018
Mobile app analytics firm App Annie has released a list of the telemedicine apps most frequently downloaded through the Apple and Google marketplaces. The five services, in descending order, are: American Well (which currently holds a 4.7/5 star user rating on the App Store), Doctor on Demand (4.9 stars), Teladoc (4.8 starts), MDLive (4.6 stars) and HealthTap (4.3 stars). To reach its conclusion...