American Well
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American Well (AMWL) investor relations material

American Well TD Cowen 46th Annual Health Care Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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TD Cowen 46th Annual Health Care Conference summary3 Mar, 2026

Market overview and industry trends

  • Virtual healthcare faces challenges from under-delivery of value-based options and market fragmentation, with health plans overwhelmed by numerous point solutions.

  • Consolidation is seen as necessary for the industry, with a need for service enablers to help health plans innovate.

  • U.S. payers and government segments are the main growth drivers, while hospital and health system opportunities are less significant.

Strategic focus and client relationships

  • Revenue mix is shifting toward payers and government, with provider business stable but not a growth area.

  • Major client Elevance renewed for three years, adopting the Converge platform, with high single-digit growth expected to continue into 2026.

  • Blue Cross Blue Shield Florida partnership launched smoothly, with plans to expand chronic care programs.

Technology and innovation

  • AI is being integrated across operations, improving quality control, development speed, and clinical support, but not replacing core clinical roles.

  • AI is viewed as an enabler rather than a replacement, with differentiation from generic LLMs due to the focus on clinician-supported care.

DHA: What is the revenue impact of service reinstatement?
What drives confidence in Amwell's future growth rate?
How will Amwell leverage its improved M&A appeal?
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Next American Well earnings date

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Q1 202630 Apr, 2026
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Frequently asked questions

American Well Corporation is a telehealth software company that enables digital delivery of care for healthcare. The company offers unified, coordinated access to care through a single point of entry and provides virtual health services using mobile applications, including On Demand and LiveHealthOnline; remote patient monitoring solutions comprising iTelehealth and OptumHealth Care Solutions; and employer-based health services through Avizia Telemedicine Platform for Hospitals. It serves individuals, employers, healthcare systems, health plans, retail clinics, life sciences companies, colleges and universities, and government agencies in the United States.

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