AboutMorgan Health
Morgan Health is a division of JPMorganChase focused on improving the quality, affordability and equity of employer-sponsored health care in the United States.
Morgan Health invests in health care companies, evaluates new health care offerings for JPMorganChase employees, shares insights with employers, and advocates for policies to drive innovation in employer-sponsored health benefits. Areas of focus to date include advanced primary care and navigation, data analytics, specialty and at-home care, and coverage options for small- and mid-sized businesses.
JPMorganChase has a vested interest in this work because the firm has a large employee base covered by its self-insured plan and a wide-ranging client base participating in the U.S. health care system. The firm also has balance sheet capital expertise across relevant domains (e.g., health care, technology, benefits, etc.) to support Morgan Health’s objectives. Morgan Health also has industry knowledge to lend to JPMorganChase bankers as they support their health care clients.
Our Work
Supporting Our Portfolio Companies
As a strategic investor, Morgan Health works closely with its portfolio companies to help them drive innovation in the industry and scale their businesses. This includes close engagement with portfolio company Boards of Directors and executive leadership teams on strategy, product development, operational improvement, business development and strategic partnerships. Morgan Health has a double bottom line – aiming to generate financial returns while also driving improvements in the U.S. health care system.
New Offerings for JPMorganChase Employees
Morgan Health works closely with the JPMorganChase Benefits team in their efforts to better meet the needs of U.S.-based employees and dependents covered by JPMorganChase’s self-insured medical plan. The firm is working with some of the Morgan Health portfolio companies, focusing on locations where the firm has a large employee base. Highlights include Vera Whole Health (Mosaic) on- and near-site care centers in Columbus, Ohio; a new, lower cost health care plan option (Centivo) centered around primary care for employees in Dallas, Texas; directing employees to higher quality physicians (Embold) in Chicago, Illinois; and, at-home colon cancer screenings (LetsGetChecked). Our goal is to be a learning lab, scaling solutions that work well and pulling back on new approaches if they do not have the desired impact.
Identify and Remediate Outcomes Gaps
Morgan Health takes a data-driven approach to pinpoint variation in health care access and outcomes among populations covered by employer-sponsored insurance. Morgan Health then identifies opportunities to close observed gaps, so that overall quality of care improves. We publish an annual report highlighting health disparities (based on public data sets). We also are working with Kaiser Permanente and Aetna to address outcomes gaps within the JPMorganChase employee population.
Sharing Marketplace Insights with Employers
Morgan Health shares marketplace insights with employers (on quality, coverage options for small- and mid-sized businesses, and portfolio company products and services) to share learnings and engage with other employers interested in driving change in the industry.
Advocating for Policy Changes
Morgan Health supports policy change to drive innovation in employer-sponsored care: increasing public engagement with value-based models, modernizing our health data infrastructure and bolstering the health care workforce.
