Health

Babylon is accelerating momentum, more than doubling its value-based care life signed later this year so far

Babylon, a digital healthcare provider, outlines its continued momentum today, with an additional approximately 135,000 lives through expansion into additional states in the United States, Georgia, Mississippi, and further growth across California. Announced that it can provide value-based care throughout the United States and the United Kingdom. This means that Babylon manages c by combining Babylon 360, a value-based care model, with efforts in primary care. By the beginning of 2022, 350,000 people are living worldwide, including the 105k NHS GP at Hand life. Babylon repeated the 2021 and 2022 earnings guidance on September 15, 2021.

Ali Parsa, Founder and CEO of Babylon, said: “Our value-based care growth further demonstrates the structural benefits of a digital-first model that is expanding ahead of plan while maintaining quality health care.”

Babylon will increase the number of Americans offered through value-based care programs by adding 63,000 lives to Georgia and Mississippi as of the contract date. This is further complemented by a 17k life in California in early 2022. This is the ability of these Medicaid and Medicare patients to gain access to primary care physicians and nurses 24 hours a day, 7 days a week, personalized insights and support, and better results and lower costs over time. Overall end-to-end care aimed at connecting.

Recent expansion in the United States complements Babylon’s global growth, and in the United Kingdom, in addition to 105,000 lives, Royal Wolver through its own NHS GP practice, Babylon GP at Hand. More than 55,000 lives have recently been added through a partnership with the Hampton NHS Trust. With the global expansion of Babylon 360, the organization is further established as a leader in digital-first value-based care, with the company’s mission to provide accessible and affordable healthcare to everyone on the planet. It matches. Babylon is shifting from its current service pricing model, which focuses on illness and crisis, by redesigning how to provide health care with a highly scalable model aimed at maintaining people’s health.

The 350,000 life milestones covered around the world are at an inflection point for Babylon. Earnings reports for the first half of 2021 show revenue growth of 472% year-on-year, with a $ 4.2 billion SPAC of Alkuri Global Acquisition Corp. (NASDAQ: NASDAQ: Chestnut). (NASDAQ: Kuriu) (NASDAQ: Kuriu) It will be finished soon. As a publicly traded company, Babylon expects to continue its momentum by building on the traction it has already achieved and expanding its business rapidly.

Since its founding in 2013, we have provided millions of clinical consultations and AI interactions, working with governments, healthcare providers and insurance companies around the world to create large hospitals from small local clinics. Has supported medical facilities up to. For more information, please visit: www.babylonhealth.com/us

Babylon is accelerating momentum, more than doubling its value-based care life signed later this year so far

Source link Babylon is accelerating momentum, more than doubling its value-based care life signed later this year so far

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