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Fabric Acquires MeMD, Expanding Virtual Care Services to 30,000 Employers and 5 Million Members [Yahoo! Finance]
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the leading virtual care platform and clinical network for providers, payers, and employers NEW YORK June 28, 2024 /PRNewswire/ -- Fabric , a leading healthcare technology company and care enablement system, today 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. This acquisition advances Fabric's employer strategy and marks a significant milestone in the team's mission to power boundless, high-quality care for consumers across the nation. 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. This acquisition builds u
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- 4 Stocks That Turned $1,000 Into $1 Million (or More) [Yahoo! Finance][Yahoo! Finance]
- Fabric Acquires MeMD, Expanding Virtual Care Services to 30,000 Employers and 5 Million Members[PR Newswire]
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- Walmart (WMT) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance][Yahoo! Finance]
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