Morgan Health, the JPMorgan Chase & Co. (NYSE:JPM) business focused on improving the quality, cost, and equity of employee healthcare, is investing in an innovative healthcare company that offers patients coordinated care and an enhanced primary care experience.
Morgan Health announced today a $50 million investment in Vera Whole Health, its first investment in a coordinated care model.
Vera is transforming how patients engage with healthcare, how providers deliver care, and how employers pay for care. Vera's model is centered on whole person healthcare led by a team of primary care physicians, nurses and health coaches supported by clinics and an integrated technology platform. Vera’s high-touch, advanced primary care model delivers differentiated patient experience, quality outcomes, and cost efficiency for employer and payor partners. Employers under contract with Vera have seen an average patient Net Promoter Score of 90, and improved health outcomes and utilization.
“Years ago we built an advanced primary care model that addresses people’s whole health – physical, social and mental. This unique partnership will not only give us the opportunity to transform the way healthcare is delivered and paid for, but also address the role that social determinants of health, including racial bias, plays in our system.”