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Morgan Health seems poised to avoid the problems that plagued predecessor Haven’s three-year tenure.
The mission of J.P. Morgan’s new healthcare venture is to innovate employer-sponsored healthcare, not just for the investment bank’s massive employee base but eventually for all 150 million Americans receiving coverage through their job. But it’s a lofty goal for the small business unit, called Morgan Health, launched late May, and there are many skeptics of efforts from major employers looking to disrupt the deep-rooted and complex healthcare industry.
Similar high-profile efforts in the past have very publicly crashed and burned, bumping up against entrenched interests and a lack of a targeted vision.
Morgan Health is a bit of a spiritual successor to one such effort:...
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