Babylon Health Limited and Babylon Partners Limited - Administration

Babylon Health Limited, the digital healthcare company behind the NHS GP at Hand app which employs more than 650 people in Britain, and Babylon Partners Limited, its research and artificial intelligence division, entered administration on 29 August 2023. Although the company was at one time valued at more than £3.1billion, it has been losing value since attempting to expand into the US and after its claims about the AI behind its app were questioned by healthcare experts. Administrators from A&M said the clinical services business, which includes GP at Hand, was sold solvently to US digital health business eMed Healthcare, and that appointment of Administrators over the UK business was to facilitate a sale to eMed. Kroll Trustee Services Limited has several registered charges against Babylon Partners.