American Well Corporation AMWL

American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.

AMWL hizo una agrupación de acciones (split inverso) de 1:20 el 11 de julio de 2024: cada 20 acciones se juntaron en una. Bajó la cantidad de acciones y subió su precio, pero no el valor total de la inversión.

• Zacks Investment Research 2 oct

  Are Medical Stocks Lagging Elevance Health, Inc. (ELV) This Year?

  Elevance Health (ELV) has gained 8.9% year-to-date, outperforming the Medical group's 0.2% average gain, with a Zacks Rank #2 (Buy) rating and improving analyst sentiment. American Well Corporation (AMWL) has significantly outperformed with a 161.1% year-to-date return and also holds a Zacks Rank #2 (Buy) rating with increased consensus EPS estimates.

  

• GlobeNewswire Inc. 8 sept

  Amwell Receives Letter of Intent from Department of Veterans Affairs to Help Power its Digital Health Infrastructure

  Amwell announced that the Department of Veterans Affairs has declared its intent to deploy Amwell's virtual health platform across the VA enterprise to modernize its digital health infrastructure and serve over nine million Veteran beneficiaries. The Letter of Intent follows a comprehensive VA evaluation that determined Amwell's platform aligns with the Department's strategic objectives, particularly in scalable video consultations, interoperability, cybersecurity compliance, and integrated care delivery. However, the Letter of Intent is non-binding and any formal agreement is contingent upon contract negotiation and federal procurement requirements.