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American Well Corporation  (AMWL)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 



 

What are American Well's Business Segments?



American Well Corporation is a leading telehealth company that provides a range of segments, products and services to help healthcare organizations and individuals connect and access medical care virtually. These offerings cater to the needs of various stakeholders, such as healthcare providers, payers, employers, and consumers.

Segments:
American Well serves various healthcare segments that include the following:

1. Health plans: American Welles software platform enables health plans to offer virtual care services to their member networks. Their technology integrates with health plans' existing systems to enable seamless and secure virtual visits to their members.

2. Employer groups: American Well also serves employers, providing them with a telehealth solution to offer to their employees. This segment allows companies to improve employee health and productivity, while also reducing healthcare costs.

3. Healthcare systems: Healthcare systems can use American Welles telehealth software platform to offer virtual care services to their patients. They can integrate the platform with their existing electronic health record (EHR) systems to provide seamless virtual care services.

4. Public sector: American Well offers telehealth services for public sector organizations such as the U.S. Department of Veterans Affairs. The solutions can be used to provide virtual care to rural areas where access to healthcare is limited.

Products:
American Well offers a range of telehealth products that are designed to cater to the diverse needs of healthcare organizations and patients. Some of the products offered are:

1. Amwell: Amwell is a telehealth platform that offers virtual visits with healthcare providers. Patients use Amwell to connect with healthcare providers for medical consultation, diagnosis, and treatment.

2. Amwell Practice: Amwell Practice is a telehealth platform designed for healthcare practices. This platform enables healthcare providers to offer virtual care services to their patients. Providers can schedule virtual visits, conduct virtual consultations, and manage patient records.

3. Amwell Telehealth Devices: American Well offers telehealth devices such as digital stethoscopes, otoscopes, and other tools that can be used to conduct virtual medical exams.

Services:
American Well offers various telehealth services designed to cater to the needs of healthcare organizations and patients. Some of the services offered are:

1. Online visits: American Welles telehealth platform enables patients to have virtual visit appointments with healthcare providers. These visits can be conducted via video, phone, or messaging.

2. Behavioral health services: American Well offers telehealth services for behavioral health, including virtual visits with therapists and psychiatrists, mental health coaching, and self-guided cognitive-behavioral therapy.

3. Chronic care management: American Well offers virtual care services designed to support patients with chronic illnesses such as diabetes, COPD, and hypertension. The services include remote monitoring, personalized care plans, and coaching.

4. Digital health coaching: American Well also provides virtual health coaching services to help patients adopt healthier lifestyles. The coaching includes personalized plans and support for weight management, nutrition, and exercise.
   

American Well Tax Rate Companies within the Professional Services Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Sep 30 2023)
%
(Profit Margin)
Total 61.92 -137.10 -

Growth rates by Segment Q3
Y/Y Revenue
%
(Sep 30 2023)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Sep 30 2023)
Q/Q Income
%
Total -10.53 % -0.84 % - -

To get more information on American Well's Total segment. Select each division with the arrow.


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