Becker's Healthcare November 28, 2022
While JPMorgan is a cornerstone of the global financial system, most observers don’t associate the 151-year-old firm with healthcare.
In 2018, JPMorgan teamed up with Amazon and Berkshire Hathaway to launch Haven, a healthcare joint venture designed to lower costs for the three companies’ employees and make primary care easier to access. They tapped Atul Gawande, MD, to lead the company as CEO. However, the company dissolved less than three years after forming.
Despite this recent failure, JPMorgan is retooling and primed to disrupt the healthcare sector. At the beginning of this year, Morgan Health, the company’s healthcare venture, partnered with Oakland, Calif.-based Kaiser Permanente to focus on health equity and disparities.
The firm has recently created...
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