Industry Bulletins | March 17, 2021
Babylon Acquires FirstChoice Medical Group In Fresno, California To Extend Roll Out Of Babylon 360 Digital Value-Based Care Offering
Babylon, Inc., acquired the operations of FirstChoice Medical Group, based in Fresno, California. The terms were described as a “multi-million dollar investment.” The acquisition is intended to extend the roll out of Babylon 360, a digital value-based care offering. Babylon will work closely with newly connected members and providers to introduce the benefits of Babylon’s digital-first tools and end-to-end healthcare services designed to create a more accessible and seamless health care journey.
FirstChoice Medical Group serves nearly 50,000 Medicare Advantage and Medi-Cal enrollees across Fresno and Madera counties. This partnership will connect . . .