American Well Corp Changes Auditor — Dismisses PwC, Appoints BDO

What Happened

• On July 14, 2026, American Well Corporation’s Audit Committee dismissed PricewaterhouseCoopers LLP (PwC) as the company’s independent registered public accounting firm and appointed BDO USA, P.C. as the new independent registered public accounting firm.
• PwC’s audit reports for the fiscal years ended December 31, 2025 and 2024 were unqualified (no adverse opinion or disclaimer) and were not qualified or modified as to uncertainty, audit scope, or accounting principles. The company reports no “disagreements” or “reportable events” with PwC for those periods or through July 14, 2026.
• The company provided PwC with these disclosures and requested a letter to the SEC; PwC’s letter dated July 20, 2026 is filed as Exhibit 16.1 to the Form 8‑K.

Key Details

• Date of auditor change: July 14, 2026.
• Former auditor: PricewaterhouseCoopers LLP (PwC); New auditor: BDO USA, P.C.
• PwC audits for years ended Dec 31, 2025 and 2024 contained no adverse opinions, qualifications, disagreements, or reportable events.
• PwC’s confirmation letter to the SEC is filed as Exhibit 16.1 (dated July 20, 2026); Form 8‑K signed July 20, 2026 by Anna Nesterova.

Why It Matters

• Auditor changes are material events investors monitor because they can affect the audit process and confidence in financial reporting. American Well’s disclosure makes clear the change was not driven by audit disagreements or reportable events for the covered periods.
• Still, investors should watch upcoming SEC filings and future audit reports from BDO for any changes in audit opinions, disclosures, or accounting treatment.