Morgan Health announces US$20m investment to expand access to at-home health services

Morgan Health invests US$20m in a global healthcare company to help increase access to convenient and affordable at-home health services.

Morgan Health, a business unit of the US investment bank JPMorgan Chase & Co, has announced the investment in the platform LetsGetChecked in an effort to scale availability of accessible at-home healthcare solutions for early diagnosis, disease prevention and care management.

LetsGetChecked’s vertically integrated platform supports the full spectrum of patient care, providing direct access to diagnostic testing, genetic insights, virtual consultations and medication delivery.

The global company offers an end-to-end solution for patients with access to more than 100 laboratory panels and personalised treatment plans.

In addition, physician practices and virtual care providers can integrate the platform’s services directly into their workflows to meet the increase in demand for at-home care.

The healthcare platform also provides employers and providers with clinical insights to inform population-based health initiatives designed to address the prevalence of common health issues, including diabetes, high cholesterol and a range of other chronic conditions.

“Timely access to clinical testing has a critical role in improving employee health,” Dan Mendelson, Morgan Health CEO, said.

“When patients delay or forgo recommended or routine tests, the consequences can be significant, as we have seen from the uptick in cancer diagnoses and disease progression during the Covid-19 pandemic.

“LetsGetChecked is designed to serve and meet employees wherever they are, and most importantly, in the convenience and ease of their home to make sure that they get the care they need.”

Morgan Health is focused on improving the quality, equity and affordability of employer-sponsored health care in the US.

The US$20m investment will support LetsGetChecked’s expansion and its partnerships with businesses across the US, the UK and the European Union.

The company’s offerings allows the platform to support the full lifecycle of care across women’s health as well as men’s health, sexual health as well as general health and wellness.

Peter Foley, Founder and CEO of LetsGetChecked, said: “Our partnership with Morgan Health will support the growth of LetsGetChecked’s 360-degree platform to transform the way health care is delivered and reduce barriers to access for those most in need.

“Our scalable infrastructure and API tool set allows employers, health plans, providers and the public sector to seamlessly enable diagnostic testing and virtual care with our fully integrated supply chain, which includes manufacturing all the way to sample processing in our state-of-the-art laboratory, as well as virtual consultations and medication delivery.”