Amwell (company)

American telemedicine company

Amwell company logo

Amwell, formerly known as American Well, is a prominent telemedicine company based in the United States. It provides a platform for healthcare professionals to deliver medical services remotely through video conferencing and other digital communication tools. Amwell's services are designed to improve access to healthcare, reduce costs, and enhance the quality of care.

History

Amwell was founded in 2006 by brothers Ido and Roy Schoenberg, both of whom are physicians. The company was established with the vision of transforming healthcare delivery by leveraging technology to connect patients with healthcare providers. Initially, Amwell focused on providing telehealth services to health systems and insurers, but it has since expanded its offerings to include direct-to-consumer services.

In 2020, Amwell went public on the New York Stock Exchange under the ticker symbol "AMWL". The initial public offering (IPO) was a significant milestone for the company, allowing it to raise capital to further develop its technology and expand its market reach.

Services

Amwell offers a range of telehealth services that cater to various healthcare needs. These services include:

• On-demand urgent care: Patients can access healthcare providers for immediate medical concerns without the need for an appointment.
• Scheduled visits: Patients can schedule appointments with healthcare providers for non-urgent medical issues.
• Behavioral health services: Amwell provides access to mental health professionals, including therapists and psychiatrists, for counseling and treatment.
• Chronic care management: The platform supports the management of chronic conditions through regular monitoring and consultations.
• Specialty care: Amwell connects patients with specialists in fields such as dermatology, cardiology, and pediatrics.

Technology

Amwell's platform is built on a robust technology infrastructure that ensures secure and reliable communication between patients and healthcare providers. The platform is HIPAA-compliant, ensuring that patient information is protected in accordance with federal regulations. Amwell's technology supports integration with electronic health records (EHRs), allowing for seamless sharing of patient data between providers.

Partnerships

Amwell has established partnerships with a variety of healthcare organizations, including hospitals, health systems, and insurance companies. These partnerships enable Amwell to extend its reach and provide telehealth services to a broader patient population. Notable partners include Cleveland Clinic, Anthem Inc., and Blue Cross Blue Shield.

Impact on Healthcare

Amwell has played a significant role in advancing telemedicine and transforming the healthcare landscape. By providing a platform for remote consultations, Amwell has improved access to healthcare for patients in rural and underserved areas. The company's services have also contributed to reducing healthcare costs by minimizing the need for in-person visits and hospitalizations.

Related pages

• Telemedicine
• Healthcare in the United States
• Digital health
• Electronic health record