secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2022-12-01T23:59:59+00:00
Accession:  0000950170-22-025908
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017022025908/0000950170-22-025908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017022025908/amwl-20221128.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025908

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer