NEWS COMMENTARY

Google invests $100 million in Amwell as the telehealth provider moves to Google Cloud services

Published:
August 28, 2020
Coverage:
Digital Transformation More...
Activities:
Investment
Very important

Google's role in healthcare analytics has been documented in digital therapeutics and through hospital systems like Ascension. It is now looking to telehealth as an additional pillar in its healthcare strategy by partnering with Amwell. Google is likely seeing Amwell as a strong player as one of the three biggest telehealth companies in the U.S., but it should be wary. In order to survive against competitors, Amwell will need a consumer-facing remote monitoring solution to compete with rival Teladoc, which just partnered with Livongo. With its recent cash influx from both Google and COVID-19 hype, clients can view Amwell as an opportune target for remote monitoring sales.

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