Morgan Health, a JPMorgan Chase business unit, announced a $25 million investment in Kindbody, a fertility clinic network and global family-building benefits provider for employers offering reproductive care from preconception to postpartum through menopause. Dr. Cheryl Pegus, a Managing Director with Morgan Health Ventures, will join Kindbody’s board.
Kindbody’s model is unique in that it is the only family-building benefits provider for employers that owns and operates fertility clinics. The company saves employers 25%-30% by contracting directly to provide comprehensive virtual and in-person care to their employees, according to a press release. As the direct provider of care, Kindbody is uniquely positioned to decrease cost, improve the patient experience and deliver better health outcomes. Read more.