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American Well Corporation reports developments for Amwell, a SaaS-based software platform for technology-enabled healthcare used by payers and health systems. Company updates center on quarterly and annual operating results, business reviews, investor conference participation, and equity-compensation actions such as inducement-plan grants.
The Amwell platform combines software and services that support virtual care programs across the care continuum, including virtual primary care, urgent care, clinical partner programs, scheduling, provider workflows, prescribing, and treatment-guideline reference tools. News about AMWL commonly connects these platform capabilities with payer and health system relationships, partner clinical programs, and management commentary on technology-enabled care delivery.
Amwell (NYSE: AMWL) announced that co-founder Roy Schoenberg is transitioning from his role as president and co-CEO to become Executive Vice Chairman of the Board. Ido Schoenberg will now serve as the sole CEO. Roy Schoenberg has been instrumental in the growth of Amwell, guiding the company through the COVID-19 pandemic and expanding its platform to over 100,000 active clinicians and millions of patients globally. He also spearheaded the development of the Amwell Converge platform aimed at integrating in-person and digital healthcare. The transition marks a shift from extensive R&D to a focus on operational efficiency, cash flow optimization, and profitable growth.
Amwell (NYSE: AMWL) announced that its Co-CEO and President, Roy Schoenberg, will speak at the Disability & Telehealth Conference on May 18, 2024, at 12:15 PST. The virtual conference will discuss barriers to telehealth for those with disabilities and innovative solutions for healthcare accessibility. Schoenberg will join leaders from Stanford Medicine, Stanford Health Care, Zoom, and Apple in the panel, 'Technology and Bold Solutions for Accessible Telehealth.' The session will focus on how big tech can drive innovations to meet the needs of patients with disabilities, aiming to improve health equity and accessibility. Amwell emphasizes improving access to quality healthcare through its WCAG-conformant platform, Amwell Converge™, featuring Interpreter Services and other accessibility functions.
Amwell® (NYSE: AMWL) reported financial results for the first quarter of 2024, highlighting its position as a growth healthcare company and a key player in healthcare software as a service. The earnings report can be viewed on the investor relations website. The company will host a conference call to discuss the results, providing access via webcast or phone.
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