News 7/1/24

Top News

Care enablement technology company Fabric acquires virtual care service provider MeMD from the now shuttered Walmart Health.

MeMD was founded in 2010 and acquired by Walmart Health in 2021, upon which it was renamed Walmart Health Virtual Care. Fabric will incorporate MeMD’s services into its virtual care offerings for employers and payers.

It acquired virtual healthcare assistant startup Gyant and announced a $60 million Series A funding round earlier this year.

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Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

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Acquisitions, Funding, Business, and Stock

Prescribe Fit raises $4.8 million in Series A funding. The company offers remote monitoring, health coaching, and virtual care programs for orthopedic patients. Prescribe Fit investors include Matt Scantland, founder of AndHealth and CoverMyMeds.

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People

ModMed names Dan Costantino (Horizon Blue Cross Blue Shield of New Jersey) CISO.

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Announcements and Implementations

Medical billing vendor Medcare MSO announces GA of its new Maximus web-based practice management software.

Grocery store chain Publix begins offering asynchronous virtual care from WellSync through its pharmacies.

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Sponsor Updates

• Waystar takes Black Book’s top spot for end-to-end revenue RCM solutions for health systems.
• AdvancedMD announces a new integration partnership with Mental Health Technologies.

Blog Posts

• The rise of inboxologists in healthcare: Does it really matter who responds? (Nordic)

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Contacts

Jenn, Mr. H, Lorre

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