These automated conversations are leading health systems, pharma, and payers to more informed and meaningful patient relationships, effective population management and better outcomes.Ĭonversa has become the healthcare industryￃﾢ￢ﾂﾬ￢ﾄﾢs virtual health care and communications solution accelerating several key strategic initiatives for Northwell Health, University Hospitals, UCSF, UNC Health, El Camino Health, Allscripts, and many other healthcare organizations.Ĭonversaￃﾢ￢ﾂﾬ￢ﾄﾢs team, Board and Advisory Board are a unique group of dedicated healthcare professionals and technologists who are passionate about transforming the health care conversation through personalized patient engagement experiences. With Conversa Connectￃﾢ￢ﾀﾞￂﾢ, our proprietary patient profiling and health signals engine, and our extensive library of over 1,000 clinically intelligent conversation programs, we enables healthcare organizations to serve automated, personalized doctor-patient conversation experiences around chronic condition management, post-hospital discharge, pre- and post-surgery, medication adherence, consumer health education and lifestyle health coaching. Our technology delivers capacity improvements to help organizations virtually manage, monitor and engage with their health consumers at scale more efficiency than ever before. Thatￃﾢ￢ﾂﾬ￢ﾄﾢs why we created The Conversa Virtual Care & Communications Platform TM. We know that our health (and the health and well-being of our loved ones) is made up of many experiences, actions and conversations - that happen anywhere and at any time. Itￃﾢ￢ﾂﾬ￢ﾄﾢs not a one-time event in a hospital or doctorￃﾢ￢ﾂﾬ￢ﾄﾢs office. And it's going to help, almost like a concierge, through the different levels of the healthcare system as necessary.At Conversa, we understand that health happens every day. It's going to be always on and around you. “At the end of the day, the whole purpose of all of this, is that when we all grow old, we can expect a very different kind of healthcare experience,” says Schoenberg. “In the period following Amwell’s IPO and cash infusion, management indicated that some of the valuations in the market did not make sense, even for the areas that Amwell was interested in,” Credit Suisse wrote in a June analyst note. “The good news, however, is that valuations have come down and a lot of the targets for Amwell have become more attractive.”Īmwell’s goal, according to Schoenberg, is to rewrite the healthcare experience for patients with technology. Teladoc Health’s $18.5 billion acquisition of Livongo set a new highwater mark for digital health deals, and was soon followed by the merger of expert medical opinion company Grand Rounds Health and Doctor On Demand and health insurer Cigna’s acquisition of telehealth provider MD Live, among many others.Īmwell’s last acquisition was Aligned Telehealth, a virtual behavioral health provider, in 2019. comment text Link Approve Reject & ban Delete Log in Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin. Wall Street analysts have been waiting to see how Amwell’s M&A strategy would play out following its September 2020 IPO, given the frenzy of deals in the space over the past year.
The company’s stock price is down 50% since it started trading last year, from $23.07 a share to $11.29 at Tuesday’s close. Amwell, which reports second quarter earnings on August 11, recorded a net loss of $228.6 million on $245.3 million in revenue in 2020.
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