JPMorgan launches new venture to again grapple with health care americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
JPMorgan dives back into fixing health care with new venture
JPMorgan dives back into fixing health care with new venture
Associated Press
JPMorgan Chase/City Council filing
Illustration of a potential look for the Madison Avenue outdoor plaza at JPMorgan’s new headquarters
JPMorgan Chase will take another crack at fixing health care after a push with two other corporate giants dissolved earlier this year.
The bank said Thursday that it formed a new business focused on improving care provided for about 285,000 people through its employer-sponsored health plan. Morgan Health will start with $250 million for investments and a health policy veteran as its CEO, former Clinton administration official Dan Mendelson, the bank said.
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