JPMorgan-backed Morgan Health led a $30m investment in Centivo.

JPMorgan-backed Morgan Health, a business unit focused on improving the quality, equity and affordability of employer-sponsored health care, led a $30m investment in Centivo, a provider of health plans for self-insured employers built to address health care affordability. “There is a critical and growing need for employers to offer – and for employees to have access to – high quality and affordable health insurance options. Sky-high premiums, deductibles and out-of-pocket costs make coverage unaffordable for too many. Centivo’s model offers a technology-driven and innovative primary care platform that can respond to members’ health needs at every moment,” Peter Scher, JPMorgan Chase Vice Chairman and a member of the firm’s Operating Committee who oversees Morgan Health.