Amwell snaps up 2 digital health startups in $320M longitudinal, behavioral care bid
The acquisitions won’t result in an immediate boost for Amwell’s topline, but could be valuable strategic positioning for the future.
The acquisitions won’t result in an immediate boost for Amwell’s topline, but could be valuable strategic positioning for the future.
Digitalization can simplify the medical bill payment process and give patients more information earlier on about their financial responsibilities, experts said.
Those COVID-19 costs quickly tapered off as the quarter progressed, executives said. Still, the insurer was able to post a second quarter profit as more members sought care.
In the long term, hospitals will face increased pressure from tight labor and wage markets, especially for experienced staff, as well as rising pharmaceutical and supply chain costs, the ratings agency warned.
Jefferies analysts said in a Thursday note they view the results positively, especially a jump in surgeries and “healthy organic growth trends.” Still, CHS’ stock was trading down about 8% Thursday morning.