According to Mr. Mendelson’s tweet, work on the venture will commence April 26. The group is “staffing up” in Washington, D.C.
JPMorgan joined Amazon and Berkshire Hathaway in 2018 to form Haven with the aim to lower healthcare costs for their combined 1.2 million workers and serve as an industry disruptor. After a long period of silence, Haven disbanded in January.
Mr. Mendelson founded Avalere Health in 2000. The company focuses on developing technology platforms and solutions to help healthcare organizations optimize their business.
More articles on payers:
UnitedHealth profit nears $5B in Q1
Lawsuit accuses BCBS of Massachusetts of systematically allowing overpayments
Ohio names 6 insurers to manage state’s $20B Medicaid contracts
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