UK health tech startup, Babylon Health is pulling in its horns in its home market, blaming challenging global and macroeconomic conditions for the termination of a couple of multi-year contracts it had inked with two NHS Trusts in England in recent years — including one from the start of 2020 that had been trumpeted as a ten-year partnership with the Royal Wolverhampton NHS Trust (RWT).
Another contract, with University Hospitals Birmingham (UHB) NHS Foundation Trust which dates back to 2019, is also being ended — in that case at the request of the Trust itself — with the service slated to terminate in October.
Both NHS Trusts were contacted for comment. The contract terminations were reported earlier by the Health Service Journal.
At the time the Wolverhampton tie …
