On January 12, 2021, American Well Corporation provided an update on its financial results for the year ended December 31, 2020. The company announced that based on information as of January 12, 2021, it believes that revenue for the year ended December 31, 2020 will slightly exceed the high-end of the $235 million to $239 million guidance range that it issued on November 12 when it released its third quarter results. This revenue guidance of $235 million to $239 million provided during the third quarter earnings call was already an increase compared to prior expectations.