JPMorgan is trying to disrupt healthcare – again

Hello,

Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and today in healthcare news:

• Meet Morgan Health, JPMorgan's latest bet on changing healthcare;
• The 6 investors making the most bets on digital health in the first quarter of 2021;
• The fast-growing home-care industry is running into staffing issues in a tight labor market.

If you're new to this newsletter, sign up here. Comments, tips? Email me at [email protected] or tweet @lydiaramsey125. Let's get to it…

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JPMorgan is trying to disrupt healthcare again just 3 months after its previous attempt went up in smoke

• JPMorgan is launching Morgan Health, an internal business unit for healthcare solutions.
• It's the bank's second try at changing the healthcare landscape as a self-insured employer.
• The first was Haven, a joint venture with Amazon and Berkshire Hathaway that disbanded in February.

Get the full story>>

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Healthcare startups raised $31.6 billion in the first 3 months of 2021. Meet the top 6 VC firms that placed the most digital health bets.

• Healthcare startups raised $31.6 billion in the first quarter of 2021, shattering records from 2020.
• Tiger Global led the most funding rounds for digital health startups.
• In all, the top six VC firms in the US backed 44 unique startups in the first quarter.

Here's the full list>>

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Home-care agencies say they're desperate to hire caregivers amid a labor 'shortage' in near-minimum-wage jobs

• Home-care agencies say they're having unprecedented staffing issues amid a nationwide hiring crisis.
• Job applicants are ghosting interviewers, sometimes because of bigger unemployment checks.
• The industry's staffing issues have worsened this year, leading to delayed care for older people.

Find out more>>

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More stories we're reading:

• Democrat Katie Porter accuses pharma CEO of inflating drug prices and 'lying' to patients and policymakers - all with the help of her whiteboard (Insider)
• Noom is now valued at $4 billion as it gears up for an IPO (Bloomberg)
• 100 million doses of Johnson & Johnson's vaccine need to be checked for contamination and may need to be thrown out (Insider)
• Ro is buying Modern Fertility in a $225 million deal (The New York Times)

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- Lydia