JPMorgan's new health business makes inaugural investment in start-up Vera Whole Health

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Vera, founded in 2008, aims to improve outcomes for workers and reduce costs for companies by making primary care teams accountable for the health of employees.

Companies pay a flat monthly fee per patient, and primary care doctors are tasked with coordinating all their users' care.

While the use of Vera will be optional for JPMorgan employees, it provides a "higher level of care" that will likely be sought out once the benefits are appreciated, said Morgan Health CEO Dan Mendelson.The start-up's approach involves a more holistic view of an employee's health than merely focusing on physical ailments; higher patient engagement and an emphasis on mental well-being is more likely to detect diseases or even prevent them in some cases, he said.

Since it's not a simple model to execute, only employees in select regions will have access to Vera this year, Mendelson said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$Vaxart

wow

Canada Canada Latest News, Canada Canada Headlines