Dr. David Dalton @DrDavidDalton1 Jamie Dimon a
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Posted On: 03/20/2022 3:22:18 PM
Dr. David Dalton
@DrDavidDalton1
Jamie Dimon at J.P. Morgan
Knows Univec Conglomerate Inc. and Dr. David Dalton , 30 billion dollars to close racial wealth gap-a beginning.
Oct 13, 2020
Dr. David Dalton
@DrDavidDalton1
JPMorgan Chase launches Morgan Health
5:32 AM · May 24, 2021·Twitter for iPhone
https://www.healthcaredive.com/news/how-morga...ts/607672/
Published Oct. 7, 2021
Banking on data to drive health equity
The last prong of Morgan Health's mission is to improve health equity. The unit plans to look at all its initiatives through that lens, tackling it as a healthcare purchaser, as a unit of a company committed to racial equity, and through engaging data to make sure there's more insight coming to market on these issues.
"We believe fundamentally that taking an approach where we analyze our population, identify any gaps that exist, and then put in place financial incentives for our payers and providers to close those gaps is very important," Mendelson said.
When it comes to Vera, for example, Morgan Health's agreement with that team is, come 2023, there will be financial incentives in place to drive parity across their populations.
Delivering those incentives for providers and self-funding employers alike is key to closing health gaps across diverse populations, Mendelson stressed.
"We're just beginning to look at the data. We have work to do to characterize the level of disparities that we see and even if there are disparities in our populations," the executive noted. "But putting in place economic incentives for the healthcare that we buy is the first aspect of the strategy."
Morgan Health is also trying to contextualize its health equity bids within parallel efforts happening at J.P. Morgan now. In October, the investment bank made a $30 billion commitment to accomplishing racial equity in the U.S.
CEO Jamie Dimon has said the company aims to break down the systems that have propagated racism and economic inequality, especially for Black, Hispanic and Latino people.
Part of that bid involves partnering with nonprofits in the space, something Morgan Health is also pursuing, Mendelson said.
But it's a key first step to collect and engage with data, something experts note is integral to addressing health equity in a targeted manner.
Disparities in medical access and outcomes are a perennial problem in American healthcare, but have grown in the public consciousness during the coronavirus pandemic, which hit underserved communities in the U.S. disproportionately hard.
Mendelson said Morgan Health would be open with any discoveries about potential health inequities in its members.
"One of the things that we are very committed to is being very open about what we see and what we find and messaging publicly about what our experience has been," he said. "That's something you can expect to see from us."
@DrDavidDalton1
Jamie Dimon at J.P. Morgan
Knows Univec Conglomerate Inc. and Dr. David Dalton , 30 billion dollars to close racial wealth gap-a beginning.
Oct 13, 2020
Dr. David Dalton
@DrDavidDalton1
JPMorgan Chase launches Morgan Health
5:32 AM · May 24, 2021·Twitter for iPhone
https://www.healthcaredive.com/news/how-morga...ts/607672/
Published Oct. 7, 2021
Banking on data to drive health equity
The last prong of Morgan Health's mission is to improve health equity. The unit plans to look at all its initiatives through that lens, tackling it as a healthcare purchaser, as a unit of a company committed to racial equity, and through engaging data to make sure there's more insight coming to market on these issues.
"We believe fundamentally that taking an approach where we analyze our population, identify any gaps that exist, and then put in place financial incentives for our payers and providers to close those gaps is very important," Mendelson said.
When it comes to Vera, for example, Morgan Health's agreement with that team is, come 2023, there will be financial incentives in place to drive parity across their populations.
Delivering those incentives for providers and self-funding employers alike is key to closing health gaps across diverse populations, Mendelson stressed.
"We're just beginning to look at the data. We have work to do to characterize the level of disparities that we see and even if there are disparities in our populations," the executive noted. "But putting in place economic incentives for the healthcare that we buy is the first aspect of the strategy."
Morgan Health is also trying to contextualize its health equity bids within parallel efforts happening at J.P. Morgan now. In October, the investment bank made a $30 billion commitment to accomplishing racial equity in the U.S.
CEO Jamie Dimon has said the company aims to break down the systems that have propagated racism and economic inequality, especially for Black, Hispanic and Latino people.
Part of that bid involves partnering with nonprofits in the space, something Morgan Health is also pursuing, Mendelson said.
But it's a key first step to collect and engage with data, something experts note is integral to addressing health equity in a targeted manner.
Disparities in medical access and outcomes are a perennial problem in American healthcare, but have grown in the public consciousness during the coronavirus pandemic, which hit underserved communities in the U.S. disproportionately hard.
Mendelson said Morgan Health would be open with any discoveries about potential health inequities in its members.
"One of the things that we are very committed to is being very open about what we see and what we find and messaging publicly about what our experience has been," he said. "That's something you can expect to see from us."
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