Turn on cookies to sign in
Signing in saves your progress to your Curie account. We can only do that with cookies on — turn them on to continue.
Amwell is positioning itself as the go-to infrastructure layer for AI-enabled care as health plans and employers search for unified digital health solutions. The telehealth company beat Q3 revenue expectations and narrowed its losses, while raising its full-year revenue guidance. Big government contracts — including a potential VA deal — are adding fuel to its growth story.
Amwell is doubling down on its platform strategy, pitching itself not as another AI feature, but as the trusted infrastructure where AI-powered care runs with clinicians in the loop. As health plans and employers struggle with vendor sprawl and low member engagement, Amwell's CEO Ido Schoenberg argues that a unified platform — one integration, one front door, one data structure — is exactly what the market needs. When customers fully activate the platform's engagement tools, member utilization jumps more than 3x.
The company's Q3 results backed up the pitch: revenue came in at $49M, slightly above guidance, and its net loss narrowed sharply to $11.7M from $29.3M a year ago. Virtual primary care visits surged 41% year-over-year, and Amwell raised its full-year revenue guidance to $204M–$206M.
By the Numbers:
Why it matters: With the VA eyeing an enterprise-wide platform deployment and a potential Defense Health Agency long-term contract in the works, Amwell's government business could be a major growth catalyst — signaling that large-scale, unified digital health infrastructure is becoming a priority across both public and private healthcare.
