Babylon and Bupa extend partnership to deliver digital health services to all Bupa UK health insurance customers
September 27 2022 - 03:00AM
Business Wire
Babylon (NYSE: BBLN) (“Babylon” or the “Company”) and
Bupa have announced today that they have extended their partnership
agreement for a further three years to deliver digital health
services to 2.3 million Bupa UK health insurance customers.
Bupa, a leading health insurer, and Babylon have been in
partnership since 2015, when access to the Babylon app for Bupa UK
customers was launched. Since launch, there have been over 360,000
Babylon app downloads by Bupa UK Insurance customers.
Complementing Bupa’s capabilities and provider network offering,
Babylon provides digital services within Bupa including Symptom
Checker, 24/7 virtual consultations and My Health. These products
help users to better understand their health symptoms, access
relevant health information and gain insights into their current
and future health risks. These products are available to all UK
Bupa customers.
James Sherwood, General Manager for Operations and Healthcare
Management at Bupa UK Insurance said: “Having fast access to GP
care is increasingly important for our customers to support their
everyday health and wellbeing. We’ve seen growing use of the
service over the past two years, with around 8,000 appointments a
week. We’re pleased to continue working with Babylon to enhance our
digital services for our customers.”
Dr. Ali Parsa, Babylon’s Founder & CEO, said: “Bupa is the
UK’s leading health insurance provider, where its brand is
synonymous with trust. We are delighted that Bupa continues to put
its trust in Babylon as its partner. We look forward to going
further together to reimagine their customers’ experience of
healthcare from a reactive, episodic clinic centric service for
when they are sick or in crisis to a more proactive, continuous and
person centric service designed to keep their customers at the peak
of their health.”
About Babylon
Babylon is one of the world’s fastest growing digital healthcare
companies whose mission is to make high-quality healthcare
accessible and affordable for every person on Earth.
Babylon is re-engineering how people engage with their care at
every step of the healthcare continuum. By flipping the model from
reactive sick care to proactive healthcare through the devices
people already own, it offers millions of people globally ongoing,
always-on care. Babylon has already shown that in environments as
diverse as the developed UK or developing Rwanda, urban New York,
or rural Missouri, for people of all ages, it is possible to
achieve its mission by leveraging its highly scalable,
digital-first platform combined with high quality, virtual clinical
operations to provide integrated, personalized healthcare.
Founded in 2013, Babylon’s technology and clinical services is
supporting a global patient network across 15 countries and is
capable of operating in 16 languages. In 2021 alone, Babylon helped
a patient every 6 seconds, with approximately 5.2 million
consultations and AI interactions. Importantly, this was achieved
with a 93% user retention rate in our NHS GP at Hand service and 4
or 5 star ratings from more than 90% of our users across all of our
geographies.
Babylon is also working with governments, health providers,
employers and insurers across the globe to provide them with a new
infrastructure that any partner can use to deliver high-quality
healthcare with lower costs and better outcomes. For more
information, please visit www.babylonhealth.com.
About Bupa
Bupa’s purpose is helping people live longer, healthier, happier
lives and making a better world. Health insurance accounts for a
large part of our business with Bupa UK Insurance, the UK’s leading
health insurer, providing health insurance to 2.3 million people.
Bupa Global is the premium health insurance arm of Bupa, serving
490,000 customers around the world. Bupa Dental Care is the leading
provider of private dentistry in the UK, providing dental services
in over 480 centres across the UK and Ireland. Bupa Care Services
has around 6,000 residents in 124 care homes, and 10 Richmond care
villages. Bupa Health Services comprises 50 health clinics, and the
Cromwell Hospital in London which provides care for insured,
self-pay and international patients. Bupa directly employs around
23,000 people in the UK.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220927005169/en/
Media Stina Sanders press@babylonhealth.com
Babylon (NYSE:BBLN)
Historical Stock Chart
From May 2023 to Jun 2023
Babylon (NYSE:BBLN)
Historical Stock Chart
From Jun 2022 to Jun 2023