Fabric, a leading healthcare technology company and care enablement system, has announced the acquisition of MeMD from Walmart Inc (NYSE: WMT). MeMD is a leading provider of virtual behavioral, urgent, and primary care benefits for 30,000 corporate, institutional, and health plan partners and 5 million members. MeMD, founded in 2010 and acquired by Walmart in 2021, has established itself as a trusted leader in virtual care, providing on-demand medical and behavioral health services to millions of members nationwide. The platform delivers high-quality care 24/7/365, and under Walmart’s ownership, MeMD experienced significant growth and expansion.
Read the full article: Fabric Acquires MeMD, Expanding Virtual Care Services to 30,000 Employers and 5 Million Members //
Source: https://www.prnewswire.com/news-releases/fabric-acquires-memd-expanding-virtual-care-services-to-30-000-employers-and-5-million-members-302185197.html