other material
confidence high
sentiment positive
materiality 0.60
American Well extends digital care platform partnership with Elevance through Jan 2029
American Well Corp
- Entered 3-year Amended SOW effective Jan 1, 2026, replacing prior 2023 agreement with Elevance Health.
- Elevance pays annual subscription fees; may also engage for professional, development, and marketing services.
- Term runs Jan 1, 2026 to Jan 1, 2029, with automatic one-year renewals unless terminated.
- Elevance can terminate at convenience on 365 days' notice; both parties can terminate for material breach after cure.
- White-labeled LiveHealth Online platform continues to be operated by American Well on behalf of Elevance.