Amwell CFO Mark Hirschhorn Expands Leadership Role

Core Insights - Amwell has announced that CFO Mark Hirschhorn will take on an expanded role as Chief Operating Officer effective January 1, 2025, reflecting the company's commitment to scaling its digital healthcare solutions [1][2] - Hirschhorn will oversee operational and growth strategies, including clinical, sales, and marketing teams, while maintaining his CFO responsibilities [2][3] - The company aims to achieve cash flow positivity by 2026, emphasizing a focus on operational efficiency and profitable growth [3] Leadership Changes - Two executives, Chief Commercial and Growth Officer Kathy Weiler and Chief Operating Officer Kurt Knight, will depart Amwell at the end of the year [2][4] - Weiler has significantly contributed to cost initiatives and the transformation of the growth organization, while Knight has played a key role in strategy, M&A, and scaling operations during the COVID-19 pandemic [2][4] Company Overview - Amwell is a leading hybrid care delivery platform in the U.S. and globally, connecting providers, payers, patients, and innovators to enhance access to affordable, high-quality care [5] - The company supports digital health needs across various care types, including urgent, acute, post-acute, chronic care management, and healthy living [5] - Amwell serves over 50 health plans, representing more than 100 million covered lives, and collaborates with many of the largest health systems in the nation [5]