Fabric, a leading healthcare experience optimization company, has announced its strategic acquisition of GYANT, a specialist in conversational AI care assistants and patient engagement suites. This acquisition positions Fabric as a key player in the digital transformation of healthcare, attracting progressive healthcare providers and innovators who seek to reimagine care delivery and enhance patient outcomes.
Fabric’s platform harnesses the power of conversational AI and automation to address critical challenges in healthcare, including limited clinical capacity and patient access issues. By automating routine tasks and streamlining workflows, Fabric empowers healthcare providers to prioritize patient care.
The acquisition of GYANT further strengthens Fabric’s momentum. Since its debut last year, Fabric has experienced substantial growth, with 130 employees, 70 enterprise health customers, and over $8 million in annual recurring revenue. The addition of GYANT’s talented team, including CEO Stefan Behrens, who will join Fabric as chief strategy officer, bolsters the company’s leadership and expertise.
According to Aniq Rahman, Founder and CEO of Fabric, the integration of GYANT’s AI technology and engagement solutions will significantly increase clinical capacity and improve patient access. Rahman explained, Together, we dramatically lower the time it takes for a patient to connect with a provider, complete a visit, and start feeling better-while driving clinical and operational efficiency.
Fabric’s platform covers every stage of the patient journey, from symptom onset to post-discharge. By providing a comprehensive suite of solutions, Fabric aims to optimize healthcare experiences and drive positive patient outcomes.
In conclusion, Fabric’s acquisition of GYANT solidifies its position as a leader in healthcare digital transformation. With its innovative platform and focus on leveraging AI and automation, Fabric is set to revolutionize care delivery and improve the overall patient experience.
