Mar 31, 2022
This episode originally aired in 2020, it has been re-released as a set of "best of" episodes for new listeners as an addendum to episode 14, and those who wouldn't mind catching some of the episodes again prior to heading into the next round.
Babylon Healthcare has recently gone public on the New York Stock Exchange and has gone from strength to strength particularly through the pandemic.
Ali Parsa has a huge international profile with a clear vision to deliver accessible and affordable healthcare across planet earth.
He’s recently been valued in the Times as a billionaire yet retains a sense of perspective and humbleness with a clear missionary vision and values to change access to healthcare across the planet.
The slant I took for this interview was twofold,
(1) for the listener to understand about Babylon healthcare, it’s products and how it intends to change healthcare on planet earth, with an NHS slant for our UK listeners and
(2) to understand the tools and techniques entrepreneurs like Ali Parsa use – which ultimately at this moment in time has driven Babylon and Ali Parsa from millions to billions in value, incredible for a company that was formed in just 2013.
On AI in healthcare: "What is amazing to me, is we can do that for a peasant in Rwanda, in a same way that we could do it for a City Managing Director in Central London, right? That's the true democratisation of healthcare."
"Can we do we with healthcare, what Google did with information? Can we make it accessible, affordable, put it in the hands of every human being on earth" - the vision for Babylon Healthcare.
"If you and I were playing a game of chess, and today you will not using artificial intelligence and God forbid, you're a gambler and gambling your family's life on it, you will be negligent..." on using AI to support clinical decisions.
ABOUT THE HOST
Oz Khan is a strategist, passionate about personal development, coach and general all round business person. You can find more on his linkedin profile.
ABOUT THE GUEST - ALI PARSA
Ali is an engineer, a serial healthcare entrepreneur, and the founder and CEO of babylon.
babylon’s aim is to put an accessible and affordable health service into the hands of every person on earth. Babylon uses a combination of cutting-edge AI technology and the best available medical expertise to deliver 24-hours-a-day, 7-days-a-week access to digital health tools (including health assessment, triage and health tools), with over 3 million members across Europe, North America, Asia, the Middle East and Africa, as well as video doctor consultations.
Babylon is home to the largest collection of scientists, clinicians, mathematicians and engineers. Our team has been recruited from over 60 different countries and is working on making healthcare delivery affordable and accessible. By combining the ever-growing power of AI with the best medical expertise of humans, Babylon can deliver unparalleled access to healthcare.
Prior to babylon, Ali founded Circle and built it within a few years to become Europe's largest partnership of clinicians, with some £200m of revenue, some 3,000 employees and a successful IPO.
Ali was the recipient of the Royal Award for the Young Entrepreneur of the year for founding his first business, V&G, and the Healthcare Entrepreneurial Achievement Award for establishing Circle. Ali was named by The Times among the 100 global people to watch, won the 2016 CEO Award by Finance Monthly, and ACQ5's UK Game changer of the year 2016. Ali is the UK Cabinet Office Ambassador for Mutuals and has a PhD in Engineering Physics.