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The fall of Babylon: Failed telehealth startup once valued at $2B …

(9 days ago) WebStarting the process of looking for buyers of the assets, Babylon put the U.S. business in Chapter 7 insolvency to focus on its U.K. operations, which have been …

https://techcrunch.com/2023/08/31/the-fall-of-babylon-failed-tele-health-startup-once-valued-at-nearly-2b-goes-bankrupt-and-sold-for-parts/

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The Fall of Babylon Is a Warning for AI Unicorns WIRED

(3 days ago) WebA 2017 report from the Care Quality Commission, the regulator of health and social care services in England, called the safety and effectiveness of the company’s …

https://www.wired.com/story/babylon-health-warning-ai-unicorns/

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Babylon shareholders wiped out in restructuring deal - Financial …

(3 days ago) WebFounded in 2013 by British-Iranian entrepreneur Ali Parsa, Babylon Health’s GP at Hand app is used by around 100,000 patients in the UK to access NHS general …

https://www.ft.com/content/ce42bcb7-d9ee-4667-910a-b6c7a419449b

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Bankrupt Digital Health Company Babylon Sells U.K. Assets For

(6 days ago) WebBritish digital health startup Babylon Health went public in June 2021 at a $4.2 billion valuation. Just over two years later, the company has filed for bankruptcy and …

https://www.forbes.com/sites/katiejennings/2023/09/19/bankrupt-digital-health-company-babylon-sells-uk-assets-for-just-620000/

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Babylon Health Division Rescued as Part of UK Insolvency Process

(2 days ago) WebAugust 30, 2023 at 3:52 PM EDT. Digital health firm Babylon ’s UK business has been rescued by a US provider of in-home testing kits as part of an insolvency process. …

https://www.bloomberg.com/news/articles/2023-08-30/babylon-health-uk-arm-poised-for-insolvency-in-funding-crunch

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The messy, cautionary tale of how Babylon disrupted the NHS

(7 days ago) WebThe story of Babylon centres on a GP clinic in Fulham, South West London. In late 2016, Babylon started working with Dr Jefferies and Partners practice and …

https://www.wired.com/story/babylon-health-nhs/

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Babylon performance after float a ‘disaster’, chief says

(3 days ago) WebBabylon almost halved its pre-tax losses to $89.6mn in the three months to the end of September from the previous quarter, while revenues have grown nearly …

https://www.ft.com/content/950b8f74-ca74-4298-96bd-4617ca6eed7a

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How out of control spending and a botched expansion hobbled …

(5 days ago) WebBabylon has warned the UK business risks administration if no sale or funding is forthcoming. Listed in New York, the company’s shares have plunged 99pc …

https://www.telegraph.co.uk/business/2023/08/25/babylon-uncontrolled-spending-botched-expansion-collapse/

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Telehealth startup Babylon to go public via $4.2 billion SPAC deal

(2 days ago) Web(Reuters) -British online health startup Babylon Health said on Thursday it has agreed to go public in the United States through a merger with a blank-check firm led …

https://finance.yahoo.com/news/online-health-startup-babylon-public-134849680.html

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Online healthcare company Babylon places two units into …

(8 days ago) WebPhoto: Babylon. Babylon Health, the online healthcare company behind the NHS's GP at Hand app, has put two of its divisions into administration, while some of its …

https://www.thenationalnews.com/world/uk-news/2023/08/31/online-healthcare-company-babylon-places-two-units-into-administration/

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Babylon virtual GP puts two divisions into administration

(6 days ago) WebBabylon, the digital healthcare company behind the NHS’s GP at Hand app, has placed two of its divisions into administration.. Restructuring firm Alvarez & Marsal …

https://www.telegraph.co.uk/business/2023/08/30/babylon-ali-parsa-virtual-gp-nhs-administration/

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Babylon Health: the failed AI wonder app that 'dazzled' politicians

(1 days ago) Webthe explainer. Babylon Health: the failed AI wonder app that 'dazzled' politicians. Demise of UK tech start-up is a cautionary tale for politicians seeking quick …

https://theweek.com/health/babylon-health-the-failed-ai-wonder-app-that-dazzled-politicians

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Babylon Health Division Rescued as Part of UK Insolvency Process

(2 days ago) WebBabylon’s UK arm, which provides doctor appointments to private and National Health Service (NHS) patients, has been sold to eMed Healthcare in a move …

https://finance.yahoo.com/news/babylon-health-division-rescued-part-195233983.html

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Babylon Health's CEO 'Should Spend Some Time With Elizabeth …

(7 days ago) WebAfter Babylon collapsed, a former employee publicly declared that the AI engine was indeed faulty. As a longtime skeptic of Babylon’s claims surrounding its …

https://medcitynews.com/2023/09/babylon-healthcare-ai-uk/

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Digital health firm Babylon puts two divisions into administration

(Just Now) WebBabylon Health, which rose to prominence during the Covid-19 pandemic and received the support of then-Health Secretary Matt Hancock, was once hailed as a …

https://www.uktech.news/medtech/babylon-health-administration-20230831

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Babylon Health admits GP app suffered a data breach - BBC News

(6 days ago) WebBabylon allows its members to speak to a doctor, therapist or other health specialist via a smartphone video call and, when appropriate, sends an electronic …

https://www.bbc.co.uk/news/technology-52986629

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Babylon looks to sell UK business amid bankruptcy fears

(4 days ago) WebBabylon Health is looking to sell its UK business, including its 100,000 patient NHS GP practice, and may fall into administration, the company has announced. …

https://www.digitalhealth.net/2023/08/babylon-looks-to-sell-uk-business-amid-bankruptcy-fears/

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Babylon Health - Wikipedia

(4 days ago) WebBabylon Health was a digital-first health service provider that combined an artificial intelligence-powered platform with virtual clinical operations for patients. Patients are …

https://en.wikipedia.org/wiki/Babylon_Health

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Babylon Health sells majority of UK assets to eMed

(Just Now) WebSeptember 05, 2023. 12:38 pm. Photo: EDWIN TAN/Getty Images. London-based multinational digital health firm Babylon has sold almost all of its U.K. assets to digital …

https://www.mobihealthnews.com/news/babylon-health-sells-majority-uk-assets-emed

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Cazoo hits the end of the road in the latest SPAC wreckage

(8 days ago) WebThe car marketplace is not the only US SPAC merger from 2021 involving a UK-founded tech startup to go sideways after securing eye-watering valuations. Digital …

https://pitchbook.com/news/articles/cazoo-insolvency-uk-spac-mergers

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Victims await report into biggest ever NHS disaster - BBC News

(2 days ago) WebBBC News. The public inquiry into the infected blood scandal, known as the biggest treatment disaster in NHS history, is due to publish its findings. More than 30,000 …

https://www.bbc.co.uk/news/health-69022726

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Health minister apologises as birth trauma report finds - Sky News

(Just Now) WebHealth minister apologises as birth trauma report finds 'shockingly poor quality' maternity care. The inquiry found that poor quality postnatal care was an "almost …

https://news.sky.com/story/health-minister-apologises-as-birth-trauma-report-finds-shockingly-poor-quality-maternity-care-13134951

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Spotlight undergoes major shake-up after scandal - news.com.au

(9 days ago) WebJust weeks after his exit from the network, it’s been revealed that Seven has reportedly poached one of rival network Nine’s rising star executives to help Spotlight. …

https://www.news.com.au/entertainment/tv/sevens-spotlight-undergoes-major-shakeup-after-scandal/news-story/de69a55a0f929a9a93748294ecc3c079

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Newcastle hospital birth unit hit by staff shortages to reopen - BBC

(6 days ago) WebThe Newcastle Birthing Centre at the Royal Victoria Infirmary has been temporarily shut over recent months, but it is hoped hiring 50 midwives will allow it to reopen later this year. …

https://www.bbc.com/news/articles/c84z4xelxg3o

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