Amwell reported a second quarter revenue of $64.5 million, up 7 percent from $60.2 million in the second quarter of 2021.
Category: telehealth
Amwell announces CVS Health virtual care partnership
Amwell is working with CVS Health to roll out the retail drugstore giant’s new virtual primary care service, the telehealth provider announced in its Aug. 4 second quarter earnings call.
Los Angeles hospitals launch telestroke program
Los Angeles-based hospital CHA Hollywood Presbyterian Medical Center has launched a telestroke program in collaboration with the University of Southern California’s Keck Medicine.
HHS, Justice Department issue telehealth nondiscrimination guidance
HHS and the Justice Department have partnered to issue guidance for healthcare providers on protections under nondiscrimination laws and how they apply to telehealth.
Teladoc losses mounting to nearly $10B in 1st half of year
Teladoc reported a net loss of $9.78 billion in the first two quarters, dragging down its second-quarter earnings.
House passes bill extending Medicare telehealth flexibilities
The United States House of Representatives passed a bill expanding telehealth services and allowing Medicare patients to continue using telehealth services through 2024, The Hill reported July 27.
Teladoc hires former Providence exec Mike Waters as COO
Teladoc named Mike Waters as chief operating officer.
OIG issues alert urging caution around telemedicine arrangements
HHS’ Office of Inspector General has released a new report urging practitioners to remain cautious about entering into business arrangements with telehealth companies due to the rise in fraud and kickback schemes in the telehealth market.
The best telehealth companies, per Healthline
Sesame Care has been rated the best overall telehealth company for 2022 by Healthline, with Amwell and Teladoc also receiving accolades in different categories
Optum’s bet on virtual care, home health
Optum doubled down on its virtual and home-based care strategy in March by combining with LHC Group, an in-home healthcare provider, in a $5.4 billion transaction.
