JPMorgan tries again on health care after Haven implodes • State senator got perks and cash through Loretto • Doctors are losing trust in the health care system
Bloomberg CAN JPMORGAN'S NEW HEALTH CARE VENTURE SUCCEED WHERE HAVEN FAILED? When Berkshire Hathaway, Amazon and JPMorgan came together to create Haven, a joint venture to combat rising employee health care costs, it failed by trying to do too much with too many people, said Alyssa Jaffee, a partner at the Chicago-based 7wireventures venture capital firm. JPMorgan's new initiative, Morgan Health, might avoid that fate. Unlike Haven, Morgan will first focus on cutting healthcare costs for the bank's 285,000 employees and their families. The D.C.-based company will work with JPMorgan's benefi...
Source: chicagobusiness.com