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Babylon Holdings Limited (BBLN) to Divest Meritage Medical Network

Babylon Holdings Limited (BBLN) to Divest Meritage Medical Network
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Babylon to sell its California independent physician association business

The company said the sale of Meritage Medical Network will allow it to focus on its digital-first, value-based care contracts.

Babylon Announces Planned Sale of IPA Assets in Early 2023, Expected to Provide Sufficient Capital Through Profitability

Babylon intends to sell its Independent Physician Association (IPA) business in California, including Meritage Medical Network, which it grew from $111m in 2021 revenue to over $400m in estimated

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