Babylon Health

Digital healthcare service providing telemedicine consultations

London, England, United Kingdom

About Babylon Health

Babylon Health provides a digital healthcare platform that allows patients to connect with healthcare professionals through video calls. This service is available around the clock, making it easy for users to seek medical advice, obtain prescriptions, and receive referrals without needing to visit a clinic. Patients can have their prescriptions delivered to their homes or local pharmacies, and referrals are accessible within the app. In addition to general healthcare services, Babylon Health offers programs for weight management and support for various health issues, including chronic conditions and mental health. The company distinguishes itself from competitors by focusing on a fully digital experience, operating on a subscription model that generates revenue from service fees and prescription sales. The goal of Babylon Health is to make healthcare more accessible and convenient for everyone.

London, United KingdomHeadquarters
2020Year Founded
$952.4MTotal Funding
DEBTCompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

Dental Benefits
Health Insurance Benefits
Vision Benefits
Flexible Spending Account (FSA)
Life Insurance

Risks

Financial instability from failed mergers and bankruptcy may impact service delivery.
Closure of U.S. headquarters could reduce Babylon Health's market presence.
Acquisition by eMed Healthcare may disrupt existing services and customer relationships.

Differentiation

Babylon Health offers 24/7 access to healthcare professionals via video calls.
The platform provides electronic prescriptions and referrals, enhancing user convenience.
Babylon Health integrates AI for personalized healthcare solutions, setting it apart.

Upsides

Increased telemedicine demand post-COVID-19 boosts Babylon Health's user base potential.
AI integration in healthcare offers Babylon Health a competitive advantage.
Focus on mental health post-pandemic aligns with Babylon Health's service offerings.

Funding

Total raised$952.43 M
Latest valuation$4.20 B
StageDEBT