What You Should Know:
– Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors.
– The funding will be used to fuel Fabric’s mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians.
Addressing Crisis-Level Clinician Burnout
With provider burnout at an all-time high and a projected physician shortage exceeding 100,000 in the next decade, the healthcare system faces immense challenges. Fabric tackles these issues head-on by:
– Improving clinical capacity: AI helps identify patient symptoms and direct them to the right care setting, optimizing resource allocation.
– Increasing access to care: Streamlined workflows free up clinician time, allowing them to see more patients.