Babylon Health UK in administration, assets sold to eMed Healthcare Ltd.

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Advance notice to Readers–be back in September!

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Short takes: FTC’s Lina Khan’s vendetta on tech, employers disillusioned with virtual care, telepsychiatry cuts LOS and inpatient ED, Lotte’s AI-assisted telepsych diagnostics, ThymeCare’s $60M Series B

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Babylon Health UK operations on fire sale–buyers to be announced Friday 25 August

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Mid-week roundup: Babylon Rwanda update, CVS Health laying off 1,700+, Optum laying off too, Veradigm’s third non-compliance Nasdaq notice, AireHealth auctioning assets, Viome’s $86M raise + CVS retail kit deal

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Cano Health appoints interim CEO as permanent; founder Hernandez steps down from board

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Weekend reading: Forbes picks the next $1B startups, is TV streaming analogous to the future of healthcare?

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Week-end short takes: Amazon Pharmacy automating couponing of insulin and supplies, Mendaera imaging/robotics wins $24M, Access Group acquires Oysta (UK)

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Babylon Health files for US Chapter 7 bankruptcy, winding down Babyl Rwanda and ending care for 2.8 million users

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Mid-week roundup: DocGo in NY migrant service trouble, more DOJ scrutiny of UHG-Amedisys buy, Exor now $2.8B lead investor in Philips

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Cano Health at precipice of bankruptcy after disastrous Q2, lays off 700

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Healthcare M&A hit a 3 year low in Q2 2023, to the surprise of none: KPMG

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Babylon Health shuts US operations, goes into UK receivership

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Mid-week short takes: Amwell lowers 2023 outlook, DocGo goes up, Imprivata + PFH win Ireland HSE contract, Oracle Health’s Nashville move, layoffs at 23andMe, Doximity

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Living to fight another day: insurtechs Bright Health, Clover Health, and Oscar Health report improved Q2s, H1s

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Babylon merger with AlbaCore and MindMaze collapses, selling UK and transitioning US businesses, bankruptcy anticipated

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More details on the HIMSS-Informa partnership on HIMSS24-Global Health Conference & Exhibition

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Short takes: CVS’ $1.12M Q2 net income loss, forecast spurs 5,000 layoffs; Signify’s in-home kidney exams; Indonesia’s Halodoc $100M D; FeelBetter raises $5.9M; Medicare breach hits 612,000 beneficiaries

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House appropriates $1.9B for Oracle Cerner VA EHR modernization, $5.2B for telehealth, plus other technologies; Oracle lays off more Cerner staff

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Done (and split) deal! Informa to “manage” HIMSS Global Health Conference & Exhibition

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Amazon Clinic announces 50-state rollout 1 August. Were the privacy issues fixed?

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