Military Health System Deployment
Completion of a stage launch of Amwell's full solution across the Military Health System, marking the company's most significant growth initiative in its history.
Subscription Revenue Growth
Subscription revenue grew by 36% in Q4 year-over-year, driven by strategic client deployments, including the Military Health System.
Improved Adjusted EBITDA
Adjusted EBITDA improved by approximately 60% year-over-year, demonstrating progress towards profitability.
Expansion of Leadership Roles
Mark Hirschhorn's role expanded beyond CFO to include Chief Operating Officer, aimed at improving company focus and efficiency.
Divestiture of Non-Core Assets
Sale of Amwell Psychiatric Care for up to $30 million in cash, allowing a focus on core platform and strengthening the balance sheet.