Here are five main takeaways from its first quarter report:
- Amwell had 102,000 active providers at the end of the first quarter compared to 91,000 the prior quarter.
- Total visits increased by 20 percent from 1.5 million in the fourth quarter of 2021 to 1.8 million in the first quarter of 2022.
- The company’s total revenue sat at $64.2 million.
- It expects to earn a total annual revenue between $275 and $285 million in 2022.
- Company co-CEO Iddo Scholenberg said Amwell had made “meaningful progress” on the launch of its new platform Converge, and launched new programs targeting musculoskeletal and dermatological health.
