J.P. Morgan is Betting Big on the Future of Healthcare

J.P. Morgan is a cornerstone financial institution, with investments and interests in all sectors across the globe. With regards to healthcare, the company made headlines just a few years ago for its innovative partnership with Amazon and Berkshire Hathaway in launching Haven, a joint venture to optimize healthcare costs and the care experience for patients, Forbes reports.

Famed surgeon and author Dr. Atul Gawande was tasked to lead the initiative, based on his years of experience in healthcare and public health. However, just a few years later, Gawande stepped down and eventually, Haven was shut down.

More recently, in 2021, J.P. Morgan launched Morgan Health as a separate business unit. The organization’s goal is to improve “health care for 285,000 employees and dependents covered by JPMorgan’s health insurance plan, as well as the millions of people in the U.S. with employer-sponsored insurance. [The unit’s] mission is to accelerate the adoption of new approaches to care delivery that improve health outcomes as well as the quality, affordability and equity of care.” Read more.

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