Connect medical service providers, insurance companies, and patients
“Amwell” official website
According to foreign media reports, recently , The telemedicine platform “ Amwell ” completed a $ 194 million Series C round of financing, and many early investors and strategic partners participated This round of financing includes Allianz X and Takeda. In 2018, “Amwell” received US $ 365.4 million in Series B financing. As early as 2014, it also completed US $ 81 million in financing. So far, the company’s total financing has reached 517 million US dollars.
Due to the pandemic of the new coronavirus, medical service providers and patients are looking for personal care methods, and telemedicine has gradually gained more and more attention. Amwell, headquartered in Boston, Massachusetts, was founded in 2006 and is led by CEO Ido Schoenberg. It is one of the largest telemedicine companies in the United States, and its business includes digital emergency care services, pediatric care, remote stroke treatment, population health management, remote psychiatry, and chronic disease management.
The company can connect medical service providers, insurance companies and patients, and integrate with patients’ EHR (Electronic Health Record) in the health system to create remote medical procedures and provide medical services. By providing a comprehensive platform, “Amwell” can meet users’ telemedicine needs in the entire process of emergency medical treatment and provide long-term care management.
“Amwell” aims to provide a convenient and affordable solution, Whether it is on normal days or weekends and holidays, users needThe medical expenses paid are the same. In the United States, patients need to spend $ 139 to go to the hospital and $ 645 to go to the emergency room. In contrast, the cost of a visit to the “Amwell” platform is only $ 69, which may be even lower, because some employers and insurance The company will cover the cost of telemedicine visits.
The average user ’s consultation time on “Amwell” is 10 minutes, which is the time required to deal with most medical problems. Users can also add more as needed time.
“Amwell” official website
During the epidemic of new coronaviruses, the use of telemedicine has risen sharply. One of Amwell ’s largest competitors, “Teladoc”, announced that the company ’s demand has increased significantly in the first quarter, and the company disclosed its year-on-year revenue growth 41%, from USD 128.6 million in 2019 to USD 180.8 million in 2020. In addition, the company reported that the total number of visits to the platform increased by 92%.
At present, “Amwell” provides telemedicine solutions for more than 240 health systems with more than 36,000 employers. The system consists of 2,000 hospitals and 55 health plan partners, including approximately 150 million patients . For funds for the new round of financing, ” Amwell “will use it to expand the company’s investment in technology and services.