Babylon Health
Babylon Health was a digital-first health service provider that combined an artificial intelligence-powered platform with virtual clinical operations for patients. Patients are connected with health care professionals through their web and mobile application.
Traded as | NYSE: BBLN |
|---|---|
| Industry | Health care |
| Founded | 2013 |
| Founder | Ali Parsa |
| Headquarters | London, United Kingdom |
| Revenue | US$322.9 million (2021) |
Number of employees | 2,189 (2021) |
| Website | www |
The company's subscription business model for private healthcare services was launched in the UK in 2013, and later expanded internationally to 17 countries including Cambodia, Hong Kong, India, Indonesia, Laos, Malaysia, the Philippines, Rwanda, Singapore, Taiwan, Thailand, the United States, and Vietnam. In 2019 the company covered over 20 million people and provided over 5,000 consultations per day.
The American branch filed for bankruptcy in August 2023 and the British branch called in the administrator weeks later. In August 2023, Forbes reported Babylon was "winding down" its business in Rwanda, potentially disrupting care for 2.8 million people.
In August 2023, Babylon Health's UK operations were bought by eMed Healthcare UK, limited. This allowed its private and GP @ Hand NHS business to continue operating under the new brand name "eMed".