Fabric Acquires Conversational AI Startup to Streamline the Patient-to-Clinician Journey

The Acquisition Enables a Solution that Drives 58% Higher Patient Engagement, 10% Reduction in Hospital Readmission Rate, and Reduces Call Center Wait Times by 35% Expanded Fabric Capabilities Address Clinical Capacity Constraints Through a Solution that is 10x Faster than Traditional Virtual Care and Speeds Up Clinical Processes, Reducing Left-Without-Being-Seen Rates by 33% in the ER Fabric, founded in 2021 as Florence, today announced its strategic acquisition of GYANT, a conversational AI care assistant and patient engagement suite, enabling health organizations to automate patient navigation and scheduling. By automating busywork and humanizing care, Fabric can improve multi-channel access and maximize existing clinical capacity across virtual and in-person care. This addition comes on the heels of Fabric’s previous acquisition and integration of Zipnosis, the leader in asynchronous care, solidifying the company’s commitment to fixing healthcare by streamlining the patient-to-clinician experience both online and in-person. Fabric acquired GYANT and their entire team in a significant all-cash deal–expanding Fabric to 130 employees. Stefan Behrens, Co-Founder and CEO at GYANT, will join the Fabric executive team, serving as Chief Strategy Officer. Fabric has 70 enterprise health customers on its platform and is backed by Google Ventures, Salesforce Ventures, Thrive Capital, Box Group, Vast Ventures, and Atento Capital. Since coming out of stealth in the...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Aniq Rahman Atento Capital Box Group Fabric Fabric Health Google Ventures GYANT Health IT Acquisitions Healthcare M&A Jennifer Junis Moat Oracle Salesforce Ventures Stefan Behrens Thrive Capi Source Type: blogs