With the goal of increasing access to convenient and affordable home health care services, Morgan Health, the business arm of JPMorgan Chase & Company (NYSE:JPM), announced a $20 million strategic investment in LetsGetChecked, a global provider of healthcare solutions. provider company. Provides diagnostic tools to manage patients’ health from home in a practical and simple way.
LetsGetChecked’s vertically integrated platform supports the full spectrum of patient care, providing direct access to diagnostic testing, genetic information, virtual counseling and drug delivery. The global company provides a comprehensive solution for patients with access to over 100 laboratory panels and personalized treatment plans. Additionally, both medical practitioners and virtual care providers can incorporate LetsGetChecked services directly into their workflows to meet the growing demand for at-home care.
The LetsGetChecked platform is instrumental in reaching under-served employees and individuals who often face significant financial or logistical constraints to get recommended and routine testing. LetsGetChecked provides employers and providers with clinical data to inform population-based health initiatives designed to address the prevalence of common medical conditions such as diabetes, high cholesterol and other chronic diseases.
“Access to clinical trials in a timely manner plays a fundamental role in improving the health of staff. When patients delay or do not have recommended or routine tests, the results can be very important, as in cancer diagnoses. and disease progression during the COVID-19 pandemic,” said Morgan Health CEO Dan Mendelson. “Let’sGetChecked is designed to serve and reach employees wherever they are, and more importantly, from the comfort and simplicity of their homes to ensure they get the care they need. So to receive.”
The D-2 Series round, led by Cassadin Capital and Transformation Capital (LTP Equity), will support the continued expansion of LetsGetChecked as it serves Fortune 500 organizations, health plans, group providers and the public sector. Robin Leopold, executive vice president and head of human resources at JPMorgan Chase, and a member of the company’s steering committee, will join LetsGetChecked’s board of directors.
Founded in 2015, LetsGetChecked has delivered over 10 million tests and partnered with over 300 business customers in the United States, the United Kingdom, and the European Union. Recently, LetsGetChecked acquired BioIQ, as well as Veritas Genetics and Veritas Intercontinental, expanding the company’s services to include whole genome sequencing as well as laboratory-specific panels such as pharmacogenomics (PGx). Based on these new offerings, LetsGetChecked has the potential to support the full lifecycle of women’s and men’s health care, sexual health, and general health and wellness.
“Partnership with Morgan Health will allow us to support the development of LetsGetChecked, a 360-degree platform that is transforming the way healthcare is viewed and reducing barriers for those who need it most,” he said. Told. Peter Foley, Founder and CEO of LetsGetChecked. “Our scalable infrastructure and API toolset enables employers, health plans, providers and the public sector to enable clinical testing and virtual care through our fully integrated supply chain, including manufacturing in our state-of-the-art laboratory ranging from sample processing, as well as virtual consultation and drug delivery.”
Morgan Health’s investment in LetsGetChecked builds on its recent investments in Vera Whole Health and subsequent investments in Castlite Health, Embolded Health, Centivo, as well as a research collaboration with Kaiser Permanente. Morgan Health will continue to identify emerging and developing companies with the goal of helping to expand and expand such offerings to JPMC employees and the more than 150 million Americans who have employer-sponsored health insurance. The US is driving greater accountability of the healthcare system. ,
About Morgan Health
Morgan Health is a business unit of JPMorgan Chase focused on improving employer-sponsored health care. Through its investments and promotion of responsible care, Morgan Health works to improve the quality, equity, and affordability of employer-sponsored health care for JPMorgan Chase employees, their families, and the American health care system. The business is led by Dan Mendelson, CEO of Morgan Health, who reports to Peter Scher, vice chairman of JPMorgan Chase & Company and member of the firm’s operating committee. Morgan Health is located in Washington, DC Visit www.morganhealth.com.
Acerca de LetsGetchecked
LetsGetChecked is a global healthcare solutions company that provides tools to manage health from home through direct access to diagnostic testing, virtual care and drug delivery for a broad set of health-related conditions and wellness. LetsGetChecked’s comprehensive model includes manufacturing, logistics, lab testing, physician assistance and physician order processing. Founded in 2015, the company provides accessible health and care information for people to live longer, better lives. LetsGetChecked is available nationally in the United States, the United Kingdom, and most countries in the European Union. It has offices in Dublin and New York. Visit https://www.letsgetchecked.com/.
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contact
Claire Cruising clare.krusing@jpmchase.com Emily Ryan press@letsgetchecked.com
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