Amwell sells virtual psychiatric care business to Avel eCare for $21M
![](https://imgproxy.divecdn.com/oFbtc9XXlRDBSbZmsO4dZGXYVbEN_P8JDjiPivf0hMc/g:nowe:8:120/c:3992:2255/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9Xb21hbk9uQ291Y2gyX0RyUGhpbGxpcHNTcGxpdC5qcGc=.webp)
The divestiture “fortifies our confidence” to reach positive cash flow in 2026, said Amwell CEO Ido Schoenberg.
The divestiture “fortifies our confidence” to reach positive cash flow in 2026, said Amwell CEO Ido Schoenberg.