American Well Corp.

General Information
Business:

 

Amwell connects and enables providers, insurers, patients and innovators to deliver greater access to more affordable, higher quality care. We are a leading telehealth company enabling digital delivery of care for healthcare’s key stakeholders. We empower our clients at the enterprise level with the core technology and services necessary to successfully develop and distribute telehealth programs that meet their strategic, operational, and social objectives under their own brands. The Amwell Platform is a complete digital care delivery solution that equips our health system, health plan and innovator, including government, clients with the tools to enable new models of care for their patients and members. Our scalable technology embeds with our clients’ existing offerings and clinical workflows, spanning the continuum of care and enabling care delivery across a wide variety of clinical, retail, school and home settings. Our client-focused approach drives our success as one of the largest telehealth companies.

As of June 30, 2020, we powered the digital care programs of 55 health plans, which support over 36,000 employers and collectively represent more than 80 million covered lives, as well as 150 of the nation’s largest health systems, encompassing more than 2,000 hospitals. Since inception, we have powered over 5.6 million telehealth visits for our clients, including more than 2.9 million in the six months ended June 30, 2020.

Industry: Health Care Services
Employees: 686
Founded: 2006
Contact Information
Address 75 State Street, 26th Floor Boston, MA 02109
Phone Number (617) 204-3500
Web Address http://www.americanwell.com
View Prospectus: American Well Corp.
Financial Information
Market Cap $3302.5mil
Revenues $202.1 mil (last 12 months)
Net Income $-160.2 mil (last 12 months)
IPO Profile
Symbol AMWL
Exchange NYSE
Shares (millions): 41.2
Price range $18.00 - $18.00
Est. $ Volume $741.6 mil
Manager / Joint Managers Morgan Stanley/ Goldman Sachs/ Piper Sandler/ UBS Investment Bank/ Credit Suisse/ Cowen/ Berenberg
CO-Managers -
Expected To Trade: 9/17/2020
Status: Priced
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