Care enablement company Fabric acquires Walmart’s MeMD [Video]

Healthcare technology and care enablement company Fabric announced it acquired Walmart’s telehealth platform MeMD, which provides virtual medical and behavioral health services to corporate, institutional and health plan clients. 

MeMD offers 24/7 on-demand virtual urgent care, behavioral health and primary care services alongside a care coordination team to help guide users through its services. 

The company was founded in 2010 and acquired by Walmart a year later.

Fabric is a care enablement company that uses conversational AI to help identify patients’ symptoms, then navigate them to the ideal care setting, such as routing them to urgent or virtual care and helping schedule primary care visits. 

To speed up wait times for virtual visits, the company uses AI to perform interviews to gather condition-specific information and automate follow-ups to increase engagement.

Through the acquisition, Fabric will expand its employer and payer offerings and enhance its behavioral health strategy, while integrating its clinical intelligence and automation offerings into MeMD. MeMD’s healthcare professionals will join …