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American Well Corporation - $AMWL STOCK NEWS

Welcome to our dedicated page for American Well Corporation news (Ticker: $AMWL), a resource for investors and traders seeking the latest updates and insights on American Well Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Well Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Amwell (AMWL) announces financial results for Q4 and full year 2023, showcasing its position as a leader in hybrid care enablement. The company, a provider of healthcare software as a service, reported its earnings and will host a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.02%
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Rhea-AI Summary
Amwell (NYSE: AMWL) will report its Q4 2023 operating results on Feb. 14, followed by a live conference call and webcast to review the company's performance and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
conferences earnings
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Rhea-AI Summary
Amwell's SilverCloud platform has been honored with three international healthcare awards for its impactful partnership with The Health Service Executive (HSE) in Ireland, recognition for national rollout of digital Cognitive Behavior Therapy (iCBT) services, and its transformative impact on digital health at the National Health Tech Innovation Awards. More than 12,000 people in Ireland have used SilverCloud's guided iCBT content and training for mental health support and care, with 54% showing reliable improvement in their symptoms and a 94% satisfaction rate among users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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none
Rhea-AI Summary
Amwell reported total revenue of $61.9 million in Q3 2023, with subscription revenue of $28.4 million and AMG visit revenue of $26.7 million. The company achieved a gross margin of 35% and had a net loss of ($137.1) million. Adjusted EBITDA improved to ($38.5) million. Total active providers were 104,000 and total visits were 1.4 million. Cash and short-term securities as of quarter-end were approximately $418.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.56%
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Rhea-AI Summary
Amwell announces participation in investor conferences and events
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
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conferences
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Rhea-AI Summary
Amwell and Leidos awarded contract to provide hybrid care technology platform for the Military Health System
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.45%
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none
Rhea-AI Summary
Amwell to report Q3 2023 operating results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
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conferences earnings
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Rhea-AI Summary
Amwell collaborates with Nestle Health Science to improve patient outcomes through digital nutrition solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.56%
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none
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Rhea-AI Summary
Amwell is attending the HLTH 2023 conference to discuss the future of hybrid care and strategic partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
conferences
Rhea-AI Summary
Amwell (NYSE: AMWL) executives discuss the potential of AI and automation in identifying high-risk patients and reducing gaps in care during a roundtable discussion. AI innovation in healthcare has shown positive outcomes, with Northwell Health finding that 16% of routine pregnancies were actually medium-high risk, allowing for early interventions and cost savings.
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AI
American Well Corporation

NYSE:AMWL

AMWL Rankings

AMWL Stock Data

168.98M
200.72M
7.47%
58.07%
2.13%
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Professional, Scientific, and Technical Services
Link
United States of America
Boston

About AMWL

amwell (previously known as american well) is a leading telehealth platform in the united states and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. amwell believes that digital care delivery will transform healthcare. the company offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, behavioral health, as well as chronic care management and healthy living. with over a decade of experience, amwell powers telehealth solutions for over 240 health systems comprised of 2,000 hospitals and 55 health plan partners with over 36,000 employers, reaching over 80 million lives.