Amwell revenue up 7% to $64.5M

Amwell reported a second quarter revenue of $64.5 million, up 7 percent from $60.2 million in the second quarter of 2021.

Advertisement

Three things to know:

  1. Amwell’s subscription revenue increased by 10 percent to $29.6 million from $26.8 million in the second quarter of 2021.
  2. Amwell’s total active providers grew to 103,500, up 46 percent compared to 71,000 in the second quarter of 2021.
  3. Amwell’s total telehealth visits grew by 19 percent to 1.5 million. 

In the same earnings call, Ido Schoenberg, MD, chairman and co-chief executive officer of Amwell said the company will continue to grow its healthcare ecosystem Converge, as well as partner with CVS Health on its primary care initiative.  

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

The hidden cost of lost clinical time and how leading health systems are responding

Friday, August 7
12:00 PM - 1:00 PM CDT

Presenters: Kassaundra McKnight-Young, Zebra TechnologiesGregory Carras, Zebra TechnologiesJennifer Gene, Levata

Advertisement

Next Up in Telehealth

Advertisement

Comments are closed.