Amwell

New Telehealth Technologies Seek to Improve Access to Care

Monday, September 21, 2020 - 4:00pm

IDYA4 today released new telehealth technologies that bridge the gap between healthcare providers and patients.

Key Points: 
  • IDYA4 today released new telehealth technologies that bridge the gap between healthcare providers and patients.
  • The product, LiveVisit, gives healthcare providers and public health and safety officials an integrated secure platform for telehealth and telemedicine through virtual visits.
  • IDYA4's launch of the LiveVisit will initially focus on the rural areas including tribes, correction facilities and small hospitals and clinics.
  • IDYA4's LiveVisit technology, released in partnership with a North American healthcare company CloudMD, gives patients greater access to quality care through various mobile devices.

Amwell Announces Pricing of Upsized Initial Public Offering

Thursday, September 17, 2020 - 2:50am

BOSTON, Sept. 16, 2020 /PRNewswire/ --Amwell, a national telehealth leader, today announced the pricing of its upsizedinitial public offering of 41,222,222 shares of its Class A common stock at an initial public offering price of $18.00 per share for total gross proceeds of approximately $742 million, before deducting underwriting discounts and commissions and offering expenses payable by Amwell.

Key Points: 
  • BOSTON, Sept. 16, 2020 /PRNewswire/ --Amwell, a national telehealth leader, today announced the pricing of its upsizedinitial public offering of 41,222,222 shares of its Class A common stock at an initial public offering price of $18.00 per share for total gross proceeds of approximately $742 million, before deducting underwriting discounts and commissions and offering expenses payable by Amwell.
  • In addition, the underwriters have been granted a 30-day option to purchase up to 6,183,333 additional shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions, from Amwell and certain stockholders of Amwell (the "Selling Stockholders").
  • Amwell will not receive any proceeds from the sale of Class A common stock by the Selling Stockholders.
  • Morgan Stanley, Goldman Sachs & Co. LLC and Piper Sandler are acting as lead joint book-running managers for the offering.

MeMD Launches Virtual Primary Care Solution for Businesses

Tuesday, September 15, 2020 - 5:15pm

To address skyrocketing demand and fill a large gap in the healthcare continuum, national telehealth provider MeMD has launched Virtual Primary Care for employer groups nationwide.

Key Points: 
  • To address skyrocketing demand and fill a large gap in the healthcare continuum, national telehealth provider MeMD has launched Virtual Primary Care for employer groups nationwide.
  • We decided to launch a holistic virtual primary care solution that helps both parties, said MeMD CEO Bill Goodwin.
  • The rapid adoption of telehealth along with the need for new solutions that tackle the rising costs of healthcare make a virtual primary care solution essential for todays and tomorrows world.
  • MeMD is a comprehensive telehealth solution providing on-demand, online care for common illnesses, injuries, primary care and behavioral health issues to consumers and businesses nationwide.

Amwell Announces Launch of Initial Public Offering

Tuesday, September 8, 2020 - 11:13pm

BOSTON, Sept. 8, 2020 /PRNewswire/ -- Amwell , a national telehealth leader, today announced that it has commenced the roadshow for its proposed initial public offering.

Key Points: 
  • BOSTON, Sept. 8, 2020 /PRNewswire/ -- Amwell , a national telehealth leader, today announced that it has commenced the roadshow for its proposed initial public offering.
  • Amwell has filed a registration statement with the Securities and Exchange Commission ("SEC") to offer 35,000,000 shares of its Class A common stock to the public.
  • Amwell and certain selling stockholders (the "Selling Stockholders") intend to grant the underwriters a 30-day option to purchase up to 5,250,000 additional shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is expected to be between $14.00 and $16.00 per share.

Amwell Files Registration Statement for Proposed Initial Public Offering

Monday, August 24, 2020 - 10:16pm

BOSTON, Aug. 24, 2020 /PRNewswire/ -- Amwell , a national telehealth leader, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of its common stock.

Key Points: 
  • BOSTON, Aug. 24, 2020 /PRNewswire/ -- Amwell , a national telehealth leader, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Amwell has applied to list its common stock on the New York Stock Exchange under the ticker symbol "AMWL."
  • Morgan Stanley, Goldman Sachs & Co. LLC and Piper Sandler are acting as lead joint book-running managers for the proposed offering.

Google Cloud and Amwell Partner to Transform and Expand Access to Virtual Care

Monday, August 24, 2020 - 10:16pm

Together, the companies will endeavor to expand access to virtual care, improve patient and clinician experiences, and leverage their unique capabilities to deliver new, differentiated healthcare solutionsacross the continuum of care.

Key Points: 
  • Together, the companies will endeavor to expand access to virtual care, improve patient and clinician experiences, and leverage their unique capabilities to deliver new, differentiated healthcare solutionsacross the continuum of care.
  • The partnership involves the following key components:
    Google Cloud selects Amwell as its preferred global telehealth platform partner, and Amwell selects Google Cloud as its preferred global cloud platform partner and will migrate its video performance capabilities onto Google Cloud's superior cloud platform for both new and existing customers around the globe.
  • Both companies will engage in go-to-market strategy alignment and execution to expand access to virtual care delivery into their mutual customer accounts, leveraging the global presence of Google Cloud.
  • Customers in more than 150 countries turn to Google Cloud as their trusted partner to solve their most critical business problems.

Philips makes access to care and personalized telehealth for local communities real with Virtual Care Station

Tuesday, August 11, 2020 - 2:00pm

Virtual Care Station is based on Philips technology developed for the ATLAS program (Accessing Telehealth through Local Area Stations), which was created to serve the healthcare needs of U.S. veterans.

Key Points: 
  • Virtual Care Station is based on Philips technology developed for the ATLAS program (Accessing Telehealth through Local Area Stations), which was created to serve the healthcare needs of U.S. veterans.
  • Although at-home telehealth solutions are a convenient option, many patients do not have access to reliable internet access or the digital devices required for telehealth.
  • Philips created the Virtual Care Station with insights from patients, physicians and caregivers to offer patients the convenience and care of a traditional face-to-face visit.
  • For more information on Philips Virtual Care Station, please visit Virtual Care Station .

Amwell Appoints Serkan Kutan as Chief Technology Officer

Tuesday, August 4, 2020 - 2:00pm

BOSTON, Aug. 4, 2020 /PRNewswire/ -- Amwell , a national telehealth leader,announced today that Serkan Kutan has joined the company as Chief Technology Officer.

Key Points: 
  • BOSTON, Aug. 4, 2020 /PRNewswire/ -- Amwell , a national telehealth leader,announced today that Serkan Kutan has joined the company as Chief Technology Officer.
  • We're thrilled to welcome Serkan at this important juncture of the journey to reimagine the experience of healthcare via technology."
  • Serkan brings extensive experience in leading technology teams across the healthcare industry.
  • "I have always been passionate about leveraging technology to improve the patient and provider digital experience," said Serkan Kutan, CTO, Amwell.

Connect N’ Care Addresses the New Standard of Healthcare

Monday, August 3, 2020 - 12:00pm

AMD Global Telemedicine Inc. (AMD), a pioneer of virtual care technology solutions, announces Connect N Care , a direct-to-consumer telehealth platform that addresses the current landscape of delivering healthcare during a pandemic.

Key Points: 
  • AMD Global Telemedicine Inc. (AMD), a pioneer of virtual care technology solutions, announces Connect N Care , a direct-to-consumer telehealth platform that addresses the current landscape of delivering healthcare during a pandemic.
  • Connect N Care allows healthcare organizations to continue to provide care for patients by the new healthcare standards, via telehealth.
  • Connect N Care is another step forward in AMD completing the Virtual Care Continuum for our customers.
  • Connect N Care is a powerful step in keeping the continuity of care with the patient, added Bacon.

Committed to Improving Engagement and Driving Better Health Outcomes, Weave Selects Updox Telehealth for Virtual Care

Tuesday, July 28, 2020 - 2:00pm

Updox Telehealth , which includes Video Chat and Secure Text messaging , will provide Weave customers with safe, secure patient engagement opportunities that improve outcomes and enable more timely, efficient connections between patients and their physicians.

Key Points: 
  • Updox Telehealth , which includes Video Chat and Secure Text messaging , will provide Weave customers with safe, secure patient engagement opportunities that improve outcomes and enable more timely, efficient connections between patients and their physicians.
  • As part of a virtual care strategy, it allows providers to be more efficient so that the care they provide is more effective.
  • "Weave is committed to modernizing the way businesses interact with customers.
  • "We're excited to partner with Weave and be the exclusive telehealth provider for their customers to support efforts to improve engagement and drive better health outcomes."