Launched during Mental Health Awareness Month,
the Amwell Comprehensive Behavioral Health Program addresses
clinician shortages and can reduce the cost of mental
healthcare
Amwell® (NYSE: AMWL), a digital care delivery leader, today
announced the continued expansion of its ecosystem with the launch
of the Amwell Comprehensive Behavioral Health Program, an
evidence-based, comprehensive and scalable behavioral health
solution that can be tailored to meet specific population needs
across the full spectrum of care. Designed to address the growing
mental health crisis, the Amwell program enables payers and
providers to deliver integrated solutions including virtual therapy
and psychiatry, coaching, and digital mental health programs with
personalized experiences to address various severities and
preferences of care delivery.
“Increased demand for behavioral healthcare and a growing
shortage of clinicians is resulting in a crisis that is driving
worse outcomes and higher costs for the entire healthcare
industry,” said Dr. Ido Schoenberg, Chairman and CEO, Amwell. “This
new program meaningfully expands our digital care delivery
infrastructure and enhances our ability to accelerate our
customers’ goals to meet the needs of their patients and members,
while enabling them to close important gaps in care. Scalable
across large networks, the program provides access to much needed
behavioral healthcare across in person, virtual and automated care
settings.”
The Amwell Comprehensive Behavioral Health Program combines the
digital cognitive behavioral health programs of SilverCloud®
Health, the digital mental health company Amwell acquired last
year, with virtual care provided by therapists and psychiatrists
from Amwell clinical partner, Amwell Medical Group (AMG). Members
undergo individual evaluations and can receive self-guided and
coach-supported care and be seamlessly referred into virtual
therapy and psychiatry as needed. With over 93% satisfaction rates
and up to 80% of users reporting decreased depression and anxiety
symptoms using SilverCloud Health, health plans can rest assured
that their members are receiving clinically excellent care and can
brand and use the program as part of their own digital
offerings.
One in five adults in the U.S. experiences mental illness1, and
60% of U.S. counties do not have a single psychiatrist within their
borders2. The crisis has worsened in recent years with 41% of
adults reporting anxiety or depression symptoms during the
pandemic3. The cost of behavioral healthcare is a rising challenge
for payers and providers today. With the majority of high-cost
individuals (the 10% of individuals who account for 70% of total
healthcare costs) having a behavioral health condition4, this
solution can meaningfully impact a major aspect of the operational
goals of healthcare organizations.
The Amwell Comprehensive Behavioral Health Program builds on the
Amwell suite of behavioral health offerings and its commitment to
evidence-based solutions across the care continuum. The recently
launched SilverCloud Health Family Support Suite, addresses a wide
spectrum of family mental health concerns for new parents,
teenagers and children. In addition, Amwell Psychiatric Care
provides acute psychiatric care and psychiatric clinical support in
the emergency department, meeting a core access need in the
provider space.
SilverCloud Health is backed by over 18 years of research and
evidence, with more than 50 peer-reviewed published research
papers. Recent studies underscore the clinical validity of
internet-based cognitive behavioral health (iCBT). A study
published in the Journal of Adolescent Health, found that online
self-help targeting resilience and coping during the pandemic
appears efficacious for long-term alleviation of stress and
short-term alleviation of depression symptoms among college
students. Further, a study published in the Journal Clinical
Psychology and Psychotherapy shows the promise of iCBT
interventions for controlling symptoms and long-term remission
after acute phase of treatment.
To learn more about the Amwell Comprehensive Behavioral Health
Program please click here.
About Amwell
Amwell is a leading digital care delivery 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, Amwell, SilverCloud, Conversa, Converge and
Carepoint 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
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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
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1
https://www.nami.org/NAMI/media/NAMI-Media/Infographics/GeneralMHFacts.pdf
2
https://www.oliverwyman.com/our-expertise/insights/2018/dec/risk-journal-vol-8/emerging-risks/america-s-growing-mental-health-crisis.html
3
https://www.census.gov/library/stories/2022/02/frontline-workers-more-likely-to-report-symptoms-of-anxiety-depressive-disorder.html#:~:text=Data%20from%20the%20HPS%20collected,experiencing%20these%20symptoms%20in%202019
4
https://www.milliman.com/-/media/milliman/pdfs/articles/milliman-high-cost-patient-study-2020.ashx
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version on businesswire.com: https://www.businesswire.com/news/home/20220518006071/en/
Media Lindsay Sharifipour press@amwell.com
Investors Sue Dooley Sue.dooly@amwell.com
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