Babylon Health
-
Babylon Health’s CEO ‘Should Spend Some Time With Elizabeth Holmes’
U.K. doctor David Watkins has been a public critic of Babylon Health and its AI technology for years, during which has received anonymous emails from Babylon employees who shared his concerns but feared to speak out publicly. After Babylon collapsed, a former employee publicly declared that the AI engine was indeed faulty. As a longtime skeptic of Babylon’s claims surrounding its technology, Watkins said that Ali Parsa, the company’s CEO, shouldn’t be treated any differently to Elizabeth Holmes.
-
Consumer / Employer, Devices & Diagnostics, Health Tech
Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
-
Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
-
Babylon Shuts Down US Operations After Rescue Merger Falls Apart
This week, virtual care company Babylon Health permanently closed its U.S. operations and laid off 94 employees. The news came after the company’s rescue merger fell apart — Babylon had planned to go private through a deal with Swiss digital therapeutics firm MindMaze and Babylon creditor AlbaCore Capital.
-
Teladoc can recover by looking at what Amazon did 20 years ago, Babylon Health CEO says
With the recent disclosure of its Q2 financial results, Teladoc’s losses have swelled to nearly $10 billion in the first half of 2022. Ali Parsa, CEO of competitor Babylon Health, said Teladoc can look at what Amazon did 20 years ago as an example of how to navigate an unforgiving economic environment, recommending the company reorganize its expenditures to ensure capital is allocated to areas that will differentiate it from its competitors.
-
Babylon to go public in $4.2B blank-check deal
As it makes a big push to expand in the U.S., digital health startup Babylon struck a deal to go public through a SPAC merger. The deal would value the company at $4.2 billion.
-
Startups, Telemedicine, Health Tech
Babylon continues buying spree with another California-based practice
Babylon Health bought two California-based medical practices as it charts a broader expansion across the U.S. But it’s still facing questions about the safety of its AI chatbot in the U.K., where the company is based.
-
Babylon Health buys Fresno-based practice as part of U.S. expansion
Fast growing UK telehealth provider Babylon Health bought a California-based practice as it looks to expand in the U.S. The company has several large contracts, including one to provide telehealth services to the U.K’s National Health Service.
-
Startups, Health Tech, Telemedicine
Funding roundup: Health kiosk-maker raises $30M from Babylon Health
Higi, a company that makes health kiosks for use in grocery stores, raised $30 million in funding from Babylon Health. Read more about companies that raised funding this week.
-
Startups, Artificial Intelligence, Health Tech
Babylon Health, physician tussle over triage chatbot’s safety
Babylon Health, a London-based startup, faced concerns raised by an oncologist about results generated by its triage chatbot. The company brushed off the complaints as tests from a “Twitter troll.”
-
Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
-
Startups, Artificial Intelligence, Health Services, Health Tech
London-based Babylon Health raises $550 million megaround
The multinational cohort of investors was led by Saudi Arabia’s sovereign wealth fund and included participation by global reinsurance company Munich Re, Swedish investment firm Kinnevik AB and Vostok New Ventures.
-
Babylon Health says its AI’s advice is “on par with practicing clinicians,” but one medical organization is skeptical
The Royal College of General Practitioners, a membership body for family doctors in the UK and overseas, said it is “dubious” of the London startup’s claims, noting that “[n]o app or algorithm will be able to do what a GP does.”
Promoted
Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
Promoted
Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
