American Well Corp (AMWL) — Current Report

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Earlier Current Report filings

Filed: 2026-01-08
  • American Well Corporation (AMWL) has extended its partnership with Elevance Health (formerly Anthem Inc.) for 3 years, with the option to automatically renew for additional 1-year terms. This secures an important revenue stream for AMWL through its white-labeled digital care delivery platform.
  • The agreement includes provisions for Elevance Health to pay AMWL annual subscription fees as well as engage the company for various professional services, development, innovation and engagement marketing services. This diversifies AMWL's revenue streams.
  • Both parties have the ability to terminate the agreement under certain conditions, including material breaches, bankruptcy/insolvency, and in Elevance Health's case, a change of control or convenience with 365 days' notice. This introduces some uncertainty around the longevity of the partnership.
Filed: 2026-01-02
  • American Well Corporation has extended its Master Services Agreement and related Healthy Impact service offerings with Elevance Health, Inc. (formerly Anthem Inc.) through 2029, strengthening their long-term partnership.
  • The agreements allow American Well to continue operating a white-labelled digital care delivery platform for Elevance Health under the LiveHealth Online® brand, generating subscription fees and potentially additional professional services revenue.
  • Online Care Group, PC, American Well's clinical partner, has also extended its provider agreements with Elevance Health entities, ensuring continued access to a nationwide network of clinicians to serve Elevance Health members.

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