17 latest healthcare bankruptcies
Six hospitals and healthcare companies have filed for bankruptcy so far this year due to reimbursement challenges, declining patient volumes, and a turbulent economic climate.
Source: beckershospitalreview.com
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Top News In Babylon Inc Today - Breaking & Trending Today
Bankrupt Digital Health Company Babylon Sells U.K. Assets For Just $620,000
The British telehealth startup–once valued at over $4.2 billion–had sold its U.K. arm for around $620,000 after filing for bankruptcy.
Source: forbes.com
Babylon Health sells majority of UK assets to eMed
The deal comes less than a month after the company's plan to combine with digital neurotherapy company MindMaze fell through.
Source: mobihealthnews.com
Babylon rushes to sell UK business
Babylon Health, a digital-first healthcare platform, is hoping to sell its U.K. business by Aug. 25 after its U.S. operations were forced to shut down.
Source: beckershospitalreview.com