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.

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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