JPMorgan invests $30M in self-funded health plan provider Centivo

Washington, D.C.-based Morgan Health, the healthcare arm of JPMorgan Chase, is investing $30 million in Centivo, a Buffalo, N.Y.-based provider of health plans for self-insured employers.

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Launched in 2019 and offered in 13 states, Centivo plans typically provide free primary care, no deductibles and integrated telehealth. Morgan Health’s investments will aid the company’s expansion, according to a July 19 news release. 

Morgan Health has also recently invested in Seattle-based Vera Whole Health, San Francisco-based Castlight, Nashville, Tenn.-based Embold Health and entered a research collaboration with Oakland, Calif.-based Kaiser Permanente. 

 

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