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.

By Katie Adams

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.

By Katie Adams

The Funding Model for Cancer Innovation is Broken — We Can Fix It

Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.

By Eve McDavid - CEO of Mission-Driven Tech

Health Tech

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.

By Katie Adams

Health Tech

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.

By Katie Adams

Health Tech, Startups

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.

By Elise Reuter - Medcity News

Health Tech, Startups, Telemedicine

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.

By Elise Reuter - Medcity News

Health IT

Reducing Clinical and Staff Burnout with AI Automation

As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.

By Dr. Michael Blackman, Chief Medical Officer at Greenway Health

Health Tech, Telemedicine

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.

By Elise Reuter - Medcity News

Startups, Telemedicine, Health Tech

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.

By Elise Reuter - Medcity News

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.”

By Elise Reuter - Medcity News

Artificial Intelligence, Startups, Health Tech, Health Services

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.

By Kevin Truong

Health IT, Startups

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."

By Erin Dietsche

Exclusive

Heard at HLTH 2024: Insights from Innovative Healthcare Executives

Executives from Imagine360, Verily, BrightInsight, Lantern, and Rhapsody shared their approaches to reducing healthcare costs and facilitating digital transformation.

By MedCity News

Consumer / Employer

Health Executives on Digital Transformation in Healthcare

Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.

By MedCity News

Consumer / Employer

Health Executives on Digital Transformation in Healthcare

Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.

By MedCity News