Babylon
The launch comes a little over one year after digital health firm Babylon sold almost all of its U.K. assets to digital health company eMed Healthcare U.K.
The deal comes less than a month after the company's plan to combine with digital neurotherapy company MindMaze fell through.
The company also seeks to sell its U.K. business to third parties, exit the U.S. market and continue trying to sell Meritage Medical Network.
The digital health company has accepted a take-private proposal from AlbaCore Capital.
The company also released its Q1 2023 earnings, showing increased revenue of $311.1 million with a net loss of $63.2 million.
Panelists at ViVE 2023 discussed the future of preventive medicine as retail chains and virtual care players push into the space and more patients avoid primary care altogether.
Ali Parsa, CEO and founder of Babylon, discusses what the company learned from going public through merger with a special purpose acquisition company.
Akili, Oscar Health and Bright Health also post third quarter results.
The company said the sale of Meritage Medical Network will allow it to focus on its digital-first, value-based care contracts.
Komodo Health appointed Lauren Stahl as vice president and head of sales, while Woebot Health and Cue Health hired chief commercial officers.