Morgan Health Invests in LetsGetChecked for At-Home Care

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Newest funding goals to scale availability of accessible at-home well being care options for early analysis, illness prevention, care administration

WASHINGTON — To assist enhance entry to handy and inexpensive at-home well being care providers, Morgan Well being, the JPMorgan Chase & Co. (NYSE: JPM) enterprise unit, introduced a $20 million strategic funding in LetsGetChecked, a world well being care options firm that gives scientific instruments to conveniently and simply handle sufferers’ well being from house.

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LetsGetChecked’s vertically built-in platform helps the total spectrum of affected person care, offering direct entry to diagnostic testing, genetic insights, digital consultations and drugs supply. The worldwide firm affords a whole end-to-end answer for sufferers with entry to greater than 100 laboratory panels and personalised therapy plans. As well as, doctor practices and digital care suppliers can combine LetsGetChecked’s providers straight into their workflows to fulfill the rise in demand for at-home care.

The LetsGetChecked platform performs a key position in reaching underserved workers and people who usually face vital monetary or logistical limitations to routine and advisable testing. LetsGetChecked additionally offers employers and suppliers with scientific insights to tell population-based well being initiatives designed to handle the prevalence of widespread well being points, together with diabetes, excessive ldl cholesterol and a variety of different power situations.

“Well timed entry to scientific testing has a crucial position in enhancing worker well being. When sufferers delay or forgo advisable or routine assessments, the implications could be vital, as we’ve seen from the uptick in most cancers diagnoses and illness development throughout the Covid-19 pandemic,” Dan Mendelson, Morgan Well being CEO, stated. “LetsGetChecked is designed to serve and meet workers wherever they’re, and most significantly, within the comfort and ease of their house to be sure that they get the care they want.”

The sequence D-2 spherical led by Casdin Capital and Transformation Capital (LTP Fairness) will assist LetsGetChecked’s continued growth because it serves Fortune 500 organizations, well being plans, supplier teams and the general public sector. Robin Leopold, Govt Vice President and Head of Human Assets for JPMorgan Chase, and a member of the corporate’s Working Committee, will be a part of LetsGetChecked’s Board.

Based in 2015, LetsGetChecked has delivered greater than 10 million assessments and partnered with greater than 300 enterprise shoppers in america, United Kingdom and European Union. LetsGetChecked not too long ago acquired BioIQ, along with Veritas Genetics and Veritas Intercontinental, which has expanded the corporate’s providers to incorporate complete genome sequencing in addition to focused laboratory panels, comparable to Pharmacogenomics (PGx). These new choices enable LetsGetChecked to assist the total lifecycle of care throughout ladies’s well being, males’s well being, sexual well being in addition to common well being and wellness.

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“Our partnership with Morgan Well being will assist the expansion of LetsGetChecked’s 360-degree platform to rework the way in which well being care is delivered and cut back limitations to entry for these most in want,” stated Peter Foley, Founder and CEO of LetsGetChecked. “Our scalable infrastructure and API software set permits employers, well being plans, suppliers and the general public sector to seamlessly allow diagnostic testing and digital care with our absolutely built-in provide chain, which incorporates manufacturing all the way in which to pattern processing in our state-of-the-art laboratory, in addition to digital consultations and drugs supply.”

Morgan Well being’s funding in LetsGetChecked follows its current investments in Vera Entire Well being, and subsequent funding in Castlight Well being, Embold Well being, Centivo and analysis collaboration with Kaiser Permanente. Morgan Well being will proceed to establish rising and growing corporations targeted on driving better accountability within the U.S. well being system with the aim of serving to to scale and increase these choices for JPMC’s workers and the greater than 150 million Individuals with employer-sponsored medical insurance.

About Morgan Well being

Morgan Well being is a JPMorgan Chase enterprise unit targeted on enhancing employer-sponsored well being care. Via its investments and the development of accountable care, Morgan Well being is working to enhance the standard, fairness and affordability of employer-sponsored well being look after JPMorgan Chase workers, their households and the U.S. well being system. The enterprise is led by Dan Mendelson, CEO of Morgan Well being, reporting to Peter Scher, Vice Chairman of JPMorgan Chase & Co. and a member of the agency’s Working Committee. Morgan Well being is headquartered in Washington, D.C. Go to www.morganhealth.com.

About LetsGetChecked

LetsGetChecked is a world healthcare options firm that gives the instruments to handle well being from house by way of direct entry to diagnostic testing, digital care and drugs supply for a variety of well being and wellness situations. LetsGetChecked’s end-to-end mannequin consists of manufacturing, logistics, lab evaluation, clinician assist, and prescription achievement. Based in 2015, the corporate empowers folks with accessible well being info and care to stay longer, happier lives. LetsGetChecked is on the market nationwide in america, the UK, and most EU international locations. It’s co-headquartered in Dublin and New York. Go to https://www.letsgetchecked.com/.

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