fabrica health technology company, has raised $60 million in a Series A round to expand its care enablement platform for healthcare providers.
The platform uses tools such as conversational artificial intelligence to streamline in-person and virtual visits and improve productivity for providers, according to a blog post on Wednesday (Feb. 21). Provide patients with services such as symptom checks, appointment scheduling, and reminders.
“Healthcare is facing unprecedented challenges, including increased demand, potential costs, and staffing constraints,” Fabric founder and CEO Anik Rahman said in a post. “These pose major barriers to access.” “With this investment, we will continue to address these challenges and further our mission to provide limitless care through a seamless, intuitive experience.”
According to the post, thousands of healthcare providers and millions of patients across the United States use one or more of the product suites that leverage Fabric's care enablement system.
One of the company's products is an engagement suite that uses conversational AI and custom-defined workflows to interview patients and guide, direct, and schedule them to provide the most appropriate care. The post says there is.
Another service, In-person Care Suite, prepares patients for their next visit, guides them through the visit, and manages expectations while keeping patients informed, according to the post.
Fabric's third product, Virtual Care Suite, allows patients to search for symptoms, find suggested diagnoses, and optionally set up a video call or schedule in-person care. The post states:
Fabric's Series A round was led by General Catalyst. General Catalyst Managing Director Holly Maloney said in a release that Fabric is committed to solving one of the biggest challenges in healthcare by addressing clinical capabilities.
PYMNTS Intelligence finds that healthcare companies are recognizing the potential of generative AI to transform health and medicine, and are collaborating with tech giants and startups to bring AI to all aspects of health. .
Healthcare providers, payers, pharmaceutical companies, and other healthcare-focused companies are turning to generative AI innovations to address everything from research to patient care to billing, according to a PYMNTS Intelligence report. It is said that there isGenerative AI can improve health and revolutionize healthcare”
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