American Well Corp. (AMWL) News
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AMWL News Highlights
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Latest AMWL News From Around the Web
Below are the latest news stories about AMERICAN WELL CORP that investors may wish to consider to help them evaluate AMWL as an investment opportunity.
Amwell divests virtual psychiatric care business for $21M and added earn-outAmwell (AMWL) announced it has sold its Amwell Psychiatric Care business to Avel eCare, a provider of clinician-to-clinician telehealth services. Avel eCare is purchasing the APC business for approximately $21M in cash at closing and an additional earn-out payment. The sale includes APC technology, personnel and Asana, the psychiatric clinical network affiliated with Amwell that employs and contracts with APC clinicians. “The divestment of APC will enable us to increase focus on our unified, wor |
Amwell divests virtual psychiatric care business for $21m to boost cash flowAmwell said it would continue to deliver accessible and convenient behavioural health services through Amwell Medical Group. |
Amwell sells virtual psychiatric care business to Avel eCare for $21MThe divestiture “fortifies our confidence” to reach positive cash flow in 2026, said Amwell CEO Ido Schoenberg. |
Avel eCare Announces Acquisition of Amwell Psychiatric Care to Expand Telemedicine ServicesAvel eCare, the nation's leading telemedicine provider of clinician-to-clinician services, is proud to announce the acquisition of Amwell Psychiatric Care (APC), a division of Amwell® (NYSE:AMWL). This acquisition further solidifies Avel eCare's position ... |
Amwell® divests virtual psychiatric care business to Avel eCare in all-cash transactionDivestment of Amwell Psychiatric Care intended to focus product portfolio on key growth initiatives Company reiterates guidance for 2024 BOSTON, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a global leader in digital care, today announced it has sold its Amwell Psychiatric Care (APC) business to Avel eCare, a national leading provider of clinician-to-clinician telehealth services. With the divestiture of APC, a virtual psychiatric care service that Amwell purchased in 2019, Amwell con |
Amwell CFO Mark Hirschhorn Expands Leadership RoleSeasoned leader assumes responsibility for operations and sales as COOBOSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leader in digital care, has announced Chief Financial Officer (CFO) Mark Hirschhorn will take on an expanded role as chief operating officer, effective Jan. 1, 2025. Hirschhorn will now oversee the company's operational and growth strategies, including the clinical, sales and marketing teams, while continuing his responsibilities as CFO. This move reflects Amwel |
Amwell Makes Grants to New Employees Under Inducement PlanBOSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leader in digital care, today announced that, on November 4, 2024, it made a grant of restricted stock units (“RSUs”) covering 254,227 shares of its Class A common stock to Mark Hirschhorn. The grant was offered as material inducement to Mr. Hirschhorn’s employment as Amwell’s chief financial officer. The RSUs become vested as follows, subject to Mr. Hirschhorn’s continued employment through each vesting date, except as noted belo |
American Well Corporation (NYSE:AMWL) Just Reported Earnings, And Analysts Cut Their Target PriceAmerican Well Corporation ( NYSE:AMWL ) shareholders are probably feeling a little disappointed, since its shares fell... |
American Well Corp (AMWL) Q3 2024 Earnings Call Highlights: Navigating Revenue Challenges and ...American Well Corp (AMWL) reports flat revenue and improved EBITDA guidance amid strategic shifts and military health system modernization. |
American Well (AMWL) Q3 2024 Earnings Call TranscriptAMWL earnings call for the period ending September 30, 2024. |