American Well Corporation - Class A

American Well Corporation (Amwell) offers payers and health systems a comprehensive SaaS-based, technology-enabled healthcare platform. The platform includes software and services that power clinical programs from Amwell and its partners, enabling patients to access diversified clinical programs across the care continuum. Revenue is generated through subscription-based platform fees and through Amwell Medical Group (AMG) visit revenue for telehealth consultations. The company serves some of the largest and most sophisticated healthcare organizations in the U.S., including the Defense Health Agency. Amwell operates at scale, enabling care for millions of patients, and is increasingly focused on AI-powered care delivery. The company has no debt and is on a trajectory toward positive operating cash flow. Updated Aug 4, 2026