Speculation that UnitedHealth is looking to acquire American Well is driving the surge, according to Jared Holz, a healthcare analyst at Jefferies, and another healthcare analyst who was not authorized to speak the press.
"I'm hearing vague takeout speculation, given the move in the stock over the past few days," said Jared Holz, a healthcare analyst at Jefferies. His sources include institutional healthcare investors, he said. thousands of medical visits each month Another analyst who was not authorized to speak to the press said they heard from hedge fund clients that UnitedHealth is interested in buying Amwell, the person told Business Insider.
. In March, that number surged to 24,000 and it ultimately reached 57,000 in June as the healthcare system took visits remote to keep workers and patients out of the virus' way.
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