American Well

American Well is a privately held telemedicine company based in Boston, Massachusetts that connects patients instantly with doctors over secure video.[1] The company provides immediate urgent care web visits for patients in 50 states.[2] The service operates on computers,[3] and in 2013 American Well released mobile applications for both Android and iOS operating systems.[4] The apps enables a mobile-optimized version of the same video visits.[5]

American Well
Type
Private
IndustryHealthcare
Founded2006
FounderDrs. Ido and Roy Schoenberg
Headquarters
Boston, Massachusetts
Area served
United States
Key people
Muneer Satter, investor
ServicesMobile and web doctor visits
WebsiteAmericanWell.com

History

American Well was founded by brothers Drs. Ido and Roy Schoenberg in 2006.[6]

Initially, American Well served health insurance companies as their primary customers.[6] In 2008, the company announced its first major health plan customer: Hawaii Medical Service Association, Hawaii's Blue Cross Blue Shield provider.[7] Since then, the company has added 23 additional Blue Cross Blue Shield Health plans including Wellpoint (now Anthem)[8] and Blue Cross Blue Shield of Minnesota.[9]

In 2013, the company announced that they would market their service directly to consumers.[4] After the company launched to the general public, the service has surged in usage and popularity.[10]

Funding

In 2009 American Well raised $10 million in a Series A round from unnamed investors.[11] In 2012 this financing was expanded to a total of $37 million.[12] In 2014 American Well raised a further $81 million in a Series C round, initially planned for $25 million and oversubscribed.[13] Following this funding American Well made it onto PitchBook's list of the top 10 HealthTech companies that raised the most capital that year.[14]

In June 2015, former Massachusetts governor Deval Patrick joined the board of directors of American Well.[15]

Mobile and web doctor visits

With 24-hour access to licensed and credentialed physicians, patients can use the service even when their primary care physician is not available.[16] The cost of a visit is typically $49,[4] but a patient's insurance may cover part or all the fee.[17] During the visit, the doctor can diagnose, treat, and depending on the state the patient is in, even prescribe medication.[18] After the visit, the patient receives a secure message with the physician's notes and instructions for follow up care. If the doctor prescribed medication, the prescription would be sent electronically to a pharmacy of the patient's choice.[19][20]

The doctors on American Well

American Well is staffed by physicians in the Online Care Group, a national physician-owned primary care group.[21] Many of the physicians in the group have an average of 10–15 years of clinical experience.[10] They must be licensed and credentialed in multiple states in order to practice effectively online.

Amwell App

Amwell is the direct-to-consumer telehealth platform of American Well. The app connects people with doctors over secure video, without the need for an appointment.

History

In 2013 American Well announced that it would make their telehealth service available to the general public, and released Amwell mobile applications for both Android and iOS operating systems. [22] In 2014, Amwell passed the 1 million downloads mark and was voted the most popular telehealth app of 2014 by App Annie.[23] In September 2014, American Well announced its integration with Apple Health and has been featured in the Apps for Health section of the App Store.[24] In March 2015, Amwell earned the American Telemedicine Association’s first Accreditation for online patient consults.[25]

References

  1. Cain Miller, Claire (November 19, 2008). "The Doctor Will See You Now -- Online". The New York Times. Retrieved April 12, 2014.
  2. Dolan, Brian. "Direct to consumer mobile video visits with physicians now available in 44 states". MobiHealthNews. MobiHealthNews. Retrieved April 12, 2014.
  3. Lite, Jordan (January 6, 2009). "The new house call: Your doctor's at the door, er, on your Web cam". Scientific American. Retrieved April 12, 2014.
  4. Armstrong Moore, Elizabeth. "For $49, a doctor will see you now -- online". CNet. Retrieved April 12, 2014.
  5. Fried, Ina. "Need to Talk to a Doctor, Pronto? Now There's an App for That, Too". All Things D. Retrieved April 12, 2014.
  6. Ofek, Ellie; Ron Laufer (March 2010). "American Well: The Doctor Will E-See You Now". Harvard Business School Case. 510. Retrieved April 12, 2014.
  7. Goldstein, Jacob (June 19, 2008). "The Doctor Will See You on the Webcam Now". The Wall Street Journal.
  8. Terry, Ken (January 4, 2013). "WellPoint To Launch National Telehealth Program". Information Week.
  9. Lerner, Maura. "Blue Cross and Blue Shield of Minnesota To Launch 'Virtual Clinic'". iHealthBeat. Archived from the original on April 18, 2014. Retrieved April 12, 2014.
  10. Diana, Alison. "Telehealth Gains Momentum In Obamacare Era". Information Week. Retrieved April 17, 2014.
  11. Roush, Wade. "American Well Goes to Well for $10M". xconomy. Retrieved August 13, 2015.
  12. Perna, Gabriel. "Investments in Digital Health Triple in 2012". Healthcare Informatics. Retrieved August 13, 2015.
  13. Nanos, Janelle. "Telehealth platform American Well announces $80 million Series C funding". betaBoston. Retrieved August 13, 2015.
  14. PitchBook (January 2015). "The top 10 healthtech companies that raised the most capital in 2014". Hot Topics. Retrieved January 10, 2015. Cite journal requires |journal= (help)
  15. Bartlett, Jessica. "Deval Patrick joins Boston telehealth firm's board". Boston Business Journal. Retrieved August 13, 2015.
  16. Slabodkin, Greg. "American Well launches mobile-based telehealth service". Fierce Mobile Healthcare. Retrieved April 13, 2014.
  17. Brink, Susan (October 9, 2013). "Telehealth: The Ultimate in Convenience Care". US News & World Report. Retrieved April 12, 2014.
  18. Galewitz, Phil (May 10, 2012). "Virtual doctors visits catch on with insurers, employers". USA Today. Retrieved April 13, 2014.
  19. Kowalczyk, Liz (December 6, 2013). "Want to see doctor at your home? There's an app for that". The Boston Globe. Retrieved April 12, 2014.
  20. "Cost of Online Doctor Visit". American Well. Retrieved August 13, 2015.
  21. "Meet Our Doctors". American Well. Retrieved August 13, 2015.
  22. Brink, Susan. "Telehealth: The Ultimate in Convenience Care". U.S. News & World Report. Retrieved August 13, 2015.
  23. Jayanthi, Akanksha. "Amwell was the most downloaded telehealth app of 2014". Becker's Health IT & CIO Review. Retrieved August 13, 2015.
  24. Anderson, Catherine. "Amwell™ with Apple HealthKit™ brings Healthcare to Chronic Patients". American Well. Retrieved August 13, 2015.
  25. Hubbard, Mimi. "American Well's Amwell™ Earns American Telemedicine Association's First Accreditation for Online Patient Consultations". American Telemedicine Association. Archived from the original on September 7, 2015. Retrieved August 13, 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.