Amwell to Report Fourth Quarter and Full Year 2020 Operating Results and Host Conference…

first_img Twitter WhatsApp By Digital AIM Web Support – February 22, 2021 Pinterest Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Support Amwell to Report Fourth Quarter and Full Year 2020 Operating Results and Host Conference Call on Wednesday, March 24, 2021 TAGS  BOSTON–(BUSINESS WIRE)–Feb 22, 2021– Amwell®, (NYSE: AMWL) (the “Company”) a national telehealth leader, today announced that it will report fourth quarter and full year ended December 31, 2020 operating results on Wednesday, March 24, 2021. Following distribution of the earnings release via wire services, the Amwell management team will host a live conference call and webcast at 5:00 p.m. Eastern Time to review the Company’s operating results and provide a general business update. A live audio webcast can be accessed by visiting the Investors section of the Company’s website at investors.amwell.com. Please connect at least 15 minutes prior to the live webcast to ensure adequate time for any software download that may be needed to access the webcast. Alternatively, please call (833) 979-2840 (U.S.) or (236) 384-2051 (International) to listen to the live conference call. The conference ID number for the live call will be 1498345. A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call, at the same web link, and will remain available for approximately 90 days. About Amwell Amwell is a leading telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell believes that digital care delivery will transform healthcare. The Company offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 2,000 hospitals and 55 health plan partners with over 36,000 employers, covering over 80 million lives. For more information please visit https://business.amwell.com/. American Well and Amwell are registered trademarks or trademarks of American Well Corporation in the United States and other countries. All other trademarks used herein are the property of their respective owners. Forward-Looking Statements This press release contains forward-looking statements about us and our industry that involve substantial risks and uncertainties and are based on our beliefs and assumptions and on information currently available to us. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations, financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our beliefs and assumptions only as of the date of this release. These statements, and related risks, uncertainties, factors and assumptions, include, but are not limited to: weak growth and increased volatility in the telehealth market; inability to adapt to rapid technological changes; increased competition from existing and potential new participants in the healthcare industry; changes in healthcare laws, regulations or trends and our ability to operate in the heavily regulated healthcare industry; our ability to comply with federal and state privacy regulations; the significant liability that could result from a cybersecurity breach; and other factors described under ‘Risk Factors’ in the prospectus for our IPO filed with the SEC. These risks are not exhaustive. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Further information on factors that could cause actual results to differ materially from the results anticipated by our forward-looking statements is included in the reports we have filed or will file with the Securities and Exchange Commission. These filings, when available, are available on the investor relations section of our website at investors.amwell.com and on the SEC’s website at www.sec.gov. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005163/en/ CONTACT: Media Contact: Lindsay Sharifipour 508-494-3422 [email protected] Contact: Asher Dewhurst 443-213-0500 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: GENERAL HEALTH OTHER HEALTH HEALTH OTHER TECHNOLOGY TECHNOLOGY SOURCE: Amwell Copyright Business Wire 2021. PUB: 02/22/2021 08:00 AM/DISC: 02/22/2021 08:01 AM http://www.businesswire.com/news/home/20210222005163/enCopyright Business Wire 2021.center_img WhatsApp Facebook Twitter Facebook Pinterest Local NewsBusinesslast_img read more

1 in 5 Long Island School Districts in ‘Fiscal Stress’

first_imgThe three LI districts categorized as suffering from moderate fiscal stress were East Islip Union Free School District, Elwood Union Free School District and East-port-South Manor Central School District.East Islip, Wyandanch, Copiague, Sachem and Eastport-South Manor were among the 10 districts that have appeared in the report since 2013. The remaining five were Bay Shore Union Free School District, East Moriches Union Free School District, East Quogue Union Free School District, West Islip Union Free School District and Valley Stream 24 Union Free School District—the lone district from Nassau.The report does not identify districts that are in healthy fiscal standing, but instead looks at those that are struggling financially and if there have been any signs of recovery.The one bright spot was Lawrence Union Free School District, which saw its fiscal score drop from 80 percent in 2014 to 23.3 percent in 2015—tied for the largest decrease in the state.Despite the fiscal problems indicated in the report, the overall health of the districts across the state is healthy, the report found.The comptroller’s study did not propose any potential solutions but it did challenge residents and officials to take measures to identify what’s causing the problem.“School boards, school business officials, taxpayers and other interested parties in these districts should work to understand and address the factors that are contributing to fiscal stress,” the report advised.THE FULL LIST: Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Long Island had the highest proportion of school districts suffering from fiscal stress in New York State last year with one in five districts in some degree of economic malaise.In total, 25 of the 124 districts in Nassau and Suffolk counties were identified to be in some state of fiscal stress, according to a report published by New York State Comptroller Tom DiNapoli Thursday. The report included 82 districts statewide. [FULL LIST BELOW]Of the 25 districts, 10 have appeared in the report all three years its been released, giving the region the designation of having the highest amount of districts in the state experiencing chronic fiscal stress. Nine of the 10 were in Suffolk County.Hempstead Union Free School District had the highest overall fiscal score of 98.3—the highest ever recorded.“Certain groups of school districts are more likely than others to be fiscally stressed,” the report states. “Districts in the high-need urban/suburban need/resource category are more than twice as likely as districts overall to be in a fiscal stress category.”The districts included in the report either struggled with moderate fiscal stress or significant fiscal stress or were susceptible to fiscal stress.The report took into account for key indicators: low fund balance, operating deficits, low liquidity and short-term debt.Four districts on LI were found to be experiencing significant stress: Hempstead, Sachem Central School District, Wyandanch Union Free School District and Copiague Union Free School District.last_img read more

Letters

first_imgNightstar in a dreamSir – Reports that sleeping car services from provincial UK cities to Paris and Brussels will be abandoned (RG 8.97 p497) renders the Channel Tunnel Night Stock sleeping cars a costly white elephant, even allowing for any future conversions.The idea of running sleeping car trains from regional British cities to Paris and Brussels was never very good, for a number of reasons which have nothing to do with the oft-quoted technical problems. In essence, the market for travel from cities such as Manchester, Leeds, Newcastle, Cardiff and Plymouth to Paris and Brussels is very small compared to the equivalent London – Paris/Brussels market. This is evidenced by the relatively small number of air services currently operated – well below a fifth of those from London’s airports, even with Eurostar already running and taking significant market share.Surely the best use for the Night Stock is on long distance sleeper services between London and major European cities much further afield. I suggest two principal services – a ’French’ one and a ’German’ one. By detaching portions en route, the ’French’ service could cater for Lyon, Marseille, Bordeaux, Genève, Torino and Milano, whilst the ’German’ train could cover the Ruhr, Frankfurt, Hamburg, München, Berlin and Zürich plus key towns in between. Coaches could be taken to their destinations independently or in other trains.Train travel by luxury sleeper is very civilised, particularly when there is good on board catering. I believe night sleepers from London to Europe would be a real attraction to business travellers as well as a profitable proposition for the operators.Andrew Cook, CBE Chairman, William Cook plc, Sheffield, Great Britainlast_img read more

City One Win from Title

first_imgManchester City are one win away from being crowned Premier League champions after a swaggering 3-1 victory over Everton, while Mohamed Salah was Liverpool’s hero yet again as the Egypt star clinched a 2-1 win at Crystal Palace on Saturday.Pep Guardiola’s side maintained their 16-point lead at the top thanks to a scintillating first half display at Goodison Park.City, on a five-match winning run in the league, can look forward to the delicious prospect of sealing the title when bitter rivals Manchester United visit Eastlands next Saturday. Leroy Sane put City ahead with a sumptuous volley from David Silva’s pin-point cross in the fourth minute.Gabriel Jesus increased City’s lead eight minutes later, the Brazil forward heading in from Kevin De Bruyne’s cross.Thrashed 4-0 at Everton last season in one of the worst defeats of Guardiola’s glittering career, City underlined their vast improvement since then as Raheem Sterling finished off a ruthless counter-attack in the 37th minute.Yannick Bolasie drilled home for Everton in the 63rd minute, but City’s club record 13th away league win means they have 84 points and can break the previous record total for Premier League champions — Chelsea’s 85-point haul in 2005 — if they beat United.Having already won the League Cup, City next face a Champions League quarterfinal first leg against Liverpool on Wednesday.In rainy south London, Liverpool trailed when Luka Milivojevic drove struggling Palace into a 13th-minute lead from the penalty spot after Loris Karius fouled Wilfried Zaha.But Senegal winger Sadio Mane levelled four minutes after the break with a close-range finish. Salah, in the midst of an incredible debut season at Liverpool, proved the match winner as he smashed home in the 84th minute.Salah, who has 37 goals in 42 games in all competitions this term, has scored in the joint-most Premier League matches (21) in a single 38-match season. That ties the mark set by Robin van Persie in 2012-13 and Cristiano Ronaldo in 2007-08.“I think the moment you see it is Mo (on the ball) you feel good. It was a very cool finish and long may that form continue,” Klopp said.Liverpool were unable to hold onto second place as Manchester United moved two points ahead of them with a 2-0 victory against Swansea at Old Trafford.“Lots of players played internationals, so they were tired in the second half. Every point is vital because we want to stay in second place,” United manager Jose Mourinho said.“In other leagues we would be fighting for the title. We are having a positive season and we still have the FA Cup to come.”Romelu Lukaku scored for United with a deflected strike from Alexis Sanchez’s pass in the fifth minute. Former Chelsea and Everton star Lukaku, who has netted in five times in his last six appearances, now has 100 career Premier League goals.Chile forward Sanchez bagged just his second goal since joining United from Arsenal in January in the 20th minute.The Premier League’s highest paid player had gone seven games without a goal until he finished off Jesse Lingard’s pass.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more