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Amwell Divests Virtual Psychiatric Care Business to Avel eCare in All-Cash Transaction

Healthcare IT Today

Divestment of Amwell Psychiatric Care Intended to Focus Product Portfolio on Key Growth Initiatives Company Reiterates Guidance for 2024 Amwell , a global leader in digital care, today announced it has sold its Amwell Psychiatric Care (APC) business to Avel eCare , a national leading provider of clinician-to-clinician telehealth services.

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Bonus Features – December 24 , 2023 – 74% of orgs automating RCM operations, per-physician revenue exceeding expenses at U.S. hospitals, plus 19 more stories

Healthcare IT Today

Among those organizations not using automation, 80% plan to by the end of 2025. Clinician-to-clinician telehealth platform Avel eCare is making its Crisis Care services free to law enforcement officers. Product and Company News HHS named MEDITECH an early stakeholder in the Cancer Moonshot initiative.

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