Healthcare DIVE October 20, 2023
Analysts predict the contract could be worth up to $54 million for Amwell alone over its 22-month term.
Dive Brief:
- Telehealth vendor Amwell and technology firm Leidos have been awarded a contract worth up to $180 million with the Department of Defense’s Health Agency that aims to digitize the military healthcare system, the companies announced Thursday.
- Under the task order, the partners will replace the military’s telehealth product with Amwell’s Converge virtual care platform. The contract also includes some Amwell automated care programs that guide patients through treatment plans.
- Amwell alone could capture up to $54 million from the contract over its 22-month term, TD Cowen analysts estimated based on a past DOD contract with Cerner, where the...
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