Health tech company Fabric acquires TeamHealth VirtualCare [Video]

Healthcare technology and enablement company Fabric announced it has acquired virtual care provider TeamHealth VirtualCare, a virtual care provider that is part of physician practice group TeamHealth. 

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 urgent or virtual care and helping schedule primary care visits.

The union of Fabric’s technology and TeamHealth VirtualCare’s provider network will allow Fabric to “deliver operational efficiency, clinical capacity and expanded access for health systems and payers,” the company said in a statement. 

Former health systems that were part of TeamHealth VirtualCare will make the switch to Fabric and become the benefactors of an increased technology offering meant to improve multichannel patient experiences and increase efficiency across virtual and in-person care.

Fabric’s technology will help to reduce provider work time in virtual settings, lower call center volume and fast-track ER visits by minimizing length of stay. 

In addition, payers, employers and health …