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Employee Benefits

Telehealth company Amwell reports Q1 revenue drop

May 07, 2024 Reprints

Telehealth company American Well Corp. reported Q1 loss of $73.4 million on revenue of $59.5 million, which were down 7% from the same period last year, Fierce Healthcare reports. Amwell is planning for accelerated revenue growth and a path to EBITDA profitability by 2026, bolstered by a major contract with the Defense Health Agency.

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Telehealth company Amwell reports Q1 revenue drop

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