AmWell IPO and Google Deal – Five Key Takeaways to Know

10th September, 2020 – Written by Alex Green – Featured on HIT Consultant’s website

AmWell is one of the top two telehealth companies globally, and its strategy over recent years has seen it develop its business from a low-acuity, payer-focused US start-up, to an international enterprise-scale market leader. 2020 has transformed the company further with revenue set to nearly double. However, as we’ve highlighted here, 2021 will bring with it substantial challenges, in particular those around increasing losses, post-COVID risks, a rapidly changing business mix, market saturation, and the challenge of operating as a public company.