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Amwell deepens partnership with Defense Health Agency, boosts 2026 revenue outlook
Amwell, formerly known as American Well, boasted the Defense Health Agency’s (DHA) intent to award the telehealth platform “a sole source contract” as it kicked off its second-quarter earnings call | The DHA renewed its contract with the telehealth platform last August, and negotiations are currently underway.
TL;DRAI
Amwell receives Defense Health Agency's intent to award sole-source contract, raising 2026 revenue guidance to $200-205M. Repositioning to AI-powered care infrastructure plus >50% subscription revenue (recurring, stable) enable path to Q4 cash-flow break-even.
781 words~4 min read
