Fabric, a leading healthcare technology firm, announced its acquisition of TeamHealth VirtualCare, a nationwide virtual care provider. This strategic acquisition strengthens Fabric’s healthcare platform by adding a network of highly skilled physicians across multiple specialties, including cardiology and emergency medicine. The partnership will allow seamless transitions for health systems previously using TeamHealth, benefiting from Fabric's comprehensive technology suite designed to improve both virtual and in-person care.
Fabric’s acquisition is part of a broader strategy to enhance virtual care accessibility and efficiency. The technology helps reduce provider work time, improve patient access, and decrease operational costs, including shorter ER stays. Payers, employers, and health systems can now leverage Fabric's extensive 50-state network for streamlined virtual healthcare services, including behavioral and urgent care.
In the last 18 months, Fabric has acquired four companies, including Zipnosis and MeMD. This expansion allows Fabric to deliver operational efficiency, clinical capacity, and improved healthcare access nationwide. TeamHealth’s integration marks another milestone in Fabric’s mission to provide boundless care across healthcare sectors.
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