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Announced

American Well to acquire Aligned Telehealth.

Synopsis

American Well, a telehealth company, agreed to acquire Aligned Telehealth, a provider of behavioral telehealth and telepsychiatry services to hospitals and health plans. Financial terms were not disclosed. "Aligned Telehealth is the leading player in on-demand telepsychiatry services, supporting major medical centers and Medicaid plans in their efforts to meet the needs of patients. By adding the Aligned clinical network and expertise, American Well can further expand and enhance our virtual behavioral health programs, an exciting and important endeavor that will positively impact patients, their families, and the treatment teams providing their care, while advancing clinical outcomes and reducing overall costs," Ido Schoenberg, American Well Chairman and CEO.

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