Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425)
August 09 2021 - 6:05AM
Edgar (US Regulatory)
Filed by Alkuri Global
Acquisition Corp.
pursuant to Rule 425
under the Securities Act of 1933
and deemed filed pursuant
to Rule 14a-12
under the Securities
Exchange Act of 1934
Subject Company: Alkuri
Global Acquisition Corp.
Commission File No.: 001-40011
Date: August 6, 2021
Babylon Eclipses 100,000
U.S. Value-Based Care Members
Organic growth continues
to demonstrate superior scalability of innovative digital first value based care offering
PALO ALTO, Calif., Aug.
6, 2021 /PRNewswire/ -- Babylon today announced it now serves more than 100,000 members in the United States through its
Babylon 360 digital-first, value-based care platform. The company has seen rapid adoption of Babylon 360 by major health plans across
the country since its introduction in 2020. Significantly, Babylon 360 has grown by 600% in the first seven months of 2021, compared to
the entirety of 2020.
"We're excited to share
this milestone because it demonstrates the appeal and effectiveness of our platform," said Paul-Henri Ferrand, Babylon's chief
business officer. "Babylon 360 is a leading offering in digital-first value-based care, that is changing the way we interact with
our health and delivering high quality outcomes for members at scale."
Quality at scale is one part
of the Babylon value proposition; speed is another. In New York, Babylon got the system live for more than 15,000 members with Babylon
360 in less than 90 days from signing a contract – all amid a global pandemic, which has put significant strain on the overall healthcare
system.
Babylon 360 is available to
members in California, Missouri and New York through a variety of Medicare/Medicaid and private insurance plans
and providers. The Babylon 360 platform combines cutting-edge AI-powered technology with human medical expertise to help members stay
out of the hospital and remain in control of their health.
Using a combination of doctors'
expertise, data and Babylon's proprietary technology platform, Babylon 360 gives members actionable insights and information about their
wellbeing, and – by helping members to understand their specific needs – helps them set personalized health goals. If there's
a problem, Babylon 360 gives 24/7 access to a dedicated Personal Care Team, so that members can receive the most appropriate care, medication
and treatment.
A recent survey among Babylon
360 members identified that more than 40% of consultations had resulted in members avoiding the Emergency Room or urgent care visits,
generating significant cost savings.
About Babylon
Babylon is a world leading, digital-first, value-based care company whose mission is to make high-quality healthcare accessible and
affordable for everyone on Earth. Babylon is re-engineering healthcare, shifting the focus from sick care to preventative healthcare
so that patients experience better health, and reduced costs. This is achieved by leveraging a highly scalable, digital-first platform
combined with high quality, virtual clinical operations to provide all-in-one, personalized healthcare. We endeavor to keep patients
at the peak of health and get them back on their feet as quickly as possible, all from their devices, with the aim to promote longer
and healthier lives. When sick, Babylon provides assistance to navigate the health system, connecting patients digitally to the right
clinician 24/7, at no additional cost. Founded in 2013, we have since delivered millions of clinical consultations and AI interactions,
with c.2m clinical consultations and c.3.9m AI interactions in 2020 alone. We work with governments, health providers and insurers
across the globe, and support healthcare facilities from small local practices to large hospitals. For more information, please visit www.babylonhealth.com/us.
Ark Global Acquisition (NASDAQ:ARKIU)
Historical Stock Chart
From May 2024 to Jun 2024
Ark Global Acquisition (NASDAQ:ARKIU)
Historical Stock Chart
From Jun 2023 to Jun 2024