The article discusses the acquisition of Fabric, a healthtech startup, by Team Health, a portfolio company of General Catalyst. Fabric provides a platform that helps healthcare organizations manage their non-clinical workforce, including scheduling, credentialing, and compliance. The acquisition values Fabric at around $200 million. The deal aims to combine Fabric’s workforce management capabilities with Team Health’s clinical staffing solutions, creating a comprehensive platform for healthcare organizations to manage their entire workforce. The acquisition is expected to help healthcare organizations address staffing challenges and improve operational efficiency. Fabric’s co-founders, Rohit Lamba and Pramod Goel, will join Team Health’s leadership team. The article highlights the growing demand for workforce management solutions in the healthcare industry and the potential for the combined company to capitalize on this trend.