Business DevelopmentsNotable business developments include a win with Capital Blue Cross that integrates Sword for MSK Programs, expansions with Sanford Health and Wellstar for virtual nursing, and renewals with Baystate Health, Advent Health and Children's Medical Center of Dallas.
Financial PerformanceA meaningful tailwind to gross margin is expected, expanding from high 30% to mid 50% due to revenue mix shift to subscription revenue.
Strategic ExpansionAmwell's deployment with the DHA will be white-labeled under the 'myMilitary Health' (MMH) brand, expanding to approximately 9.6 million beneficiaries across over 700 hospitals and clinics globally.