American Well enters 3-year agreement with Elevance Health to continue LiveHealth Online platform services

American Well Corp

MSA and related provider agreements effective Jan 1, 2023; initial 3-year term through Dec 31, 2025.
Elevance Health to pay annual subscription and Per Member Per Month fees; potential professional services fees.
Provider agreements with Online Care Group ensure 50-state clinician network for digital consultations via LiveHealth Online.
Agreements auto-renew for successive one-year terms; either party may terminate for material breach, change-of-control, or bankruptcy.
Supersedes the prior Amended and Restated Vendor Agreement dated Dec 23, 2014.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

American Well Corp entered into Master Services Agreement and Statement of Work with Elevance Health, Inc. f/n/a/ Anthem Inc. (effective 2022-11-28).

Action: entry
Agreement: collaboration
Counterparty: Elevance Health, Inc. f/n/a/ Anthem Inc.
Effective: 2022-11-28

Exact text from the filing

On November 28, 2022, American Well Corporation (the “Company”) entered into a Master Services Agreement (the “MSA”) and related Statement of Work (the “SOW”, and together with the MSA, the “Agreements”) with Elevance Health, Inc. f/n/a/ Anthem Inc. (“Elevance Health”), effective as of January 1, 2023

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

American Well Corp entered into Provider Agreements with Elevance Health related entities (effective 2022-11-28).

Action: entry
Agreement: collaboration
Counterparty: Elevance Health related entities
Effective: 2022-11-28

Exact text from the filing

In addition, on November 28, 2022, Online Care Group, PC (“OCG”), the Company’s clinical partner, entered into two different provider agreements (collectively, the “Provider Agreements”) with Elevance Health related entities.

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623 material agreements filed in the last 30 days. Browse all material agreements →

American Well Corp filing history →

Source: SEC EDGAR

accession 0000950170-22-025908

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