JPMorgan Chase：launches new health-care business

JPMorgan Chase launches new health-care business after winding down Amazon-Berkshire venture

 

PMorgan is launching Morgan Health to improve the quality of medical care for the bank’s 165,000 U.S. employees and their families.

• The business will be led by Dan Mendelson, a health consultant who served in the Clinton administration.
• The new unit will also have $250 million to make venture investments in companies with “promising healthcare solutions,” JPMorgan said.
• https://www.cnbc.com/2021/05/20/jpmorgan-launches-morgan-health-after-amazon-berkshire-hathaway-venture-collapse.html
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