Fabric completes acquisition of MeMD, expanding virtual care services for 30,000 employers and 5 million members
Acquiring Company
Fabric
Acquired Company
MeMD
New YorkHealth CareHospitalityhospital & health careHealth CareDescription
Fabric, a leading healthcare technology company, has announced the acquisition of MeMD from Walmart Inc. This acquisition expands Fabric's virtual care services to 30,000 employers and 5 million members, positioning Fabric as the leading virtual care platform and clinical network for providers, payers, and employers. The combined strengths of both organizations will drive innovation and provide millions of patients with access to lower-cost, high-quality care.
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Who to call at Fabric, and when
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Frequently asked
Who acquired MeMD?
MeMD was acquired by Fabric, based in New York. The deal was reported on June 28, 2024. Fabric provides consumer-grade care experiences that drive better outcomes and savings for health systems, employers, brokers, and health plans alike. Fabric is privately held and operates in Health Care.
When did Fabric acquire MeMD?
Fabric's acquisition of MeMD was reported on June 28, 2024. Fabric, a leading healthcare technology company, has announced the acquisition of MeMD from Walmart Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MeMD do?
MeMD® provides high-quality, convenient and affordable healthcare on-demand. It is privately held, operating in Health Care.
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