More than 8,000 healthcare professionals will descend on San Francisco starting Monday for the 43rd annual J.P. Morgan Healthcare Conference.
The four-day conference in the city’s Financial District always draws a big crowd and a lot of buzz, as well as provides an economic boost for the area. This year’s event will feature presentations from more than 500 private and public companies, focusing on hospital mergers and acquisitions, artificial intelligence, biotechnology, insurers’ financial performance and other topics.
Related: J.P. Morgan increases security for the 2025 conference
Attendees, both in-person at the Westin St. Francis hotel and virtual, will tune in to hear healthcare companies' investment strategies. J.P. Morgan Chase & Co. is working to increase security, following the murder of UnitedHealthcare CEO Brian Thompson last month at the insurer's investor day in New York and other recent attacks.
Modern Healthcare reporters will provide real-time updates throughout the week. Check modernhealthcare.com for the latest news and announcements from the conference. Here's what to expect as it unfolds.
What are presenters' hot-button issues for JPM 2025?
Insurers will offer details on their most recent enrollment numbers and how the new Trump administration could affect Medicare Advantage plans and exchange subsidies.
Digital health companies will share their outlook for a potentially active 2025 as they invest more in artificial intelligence-powered capabilities and work with industry stakeholders to scale technology offerings.
Large nonprofit health systems will outline their plans to use cash reserves for capital projects and turn to dealmaking amid ongoing financial challenges.
Major healthcare companies including Chicago-based CommonSpirit Health, Rochester, Minnesota-based Mayo Clinic, Charlotte, North Carolina-based Advocate Health, Johnson & Johnson, Medtronic and Baxter are slated to participate.
What's expected from the first day's presentations?
Executives from Advocate, which was formed in December 2022 when Advocate Aurora Health of Illinois and Wisconsin and Atrium Health of North Carolina merged, will likely review the results of that merger. The nonprofit health system is also likely to discuss the integration process and the status of its national center for health equity in Milwaukee.
Executives from Renton, Washington-based Providence, also presenting Monday, will likely discuss progress on its financial recovery plan and how the system plans to break even on operations by 2026. Erik Wexler took over as Providence’s president and CEO Jan. 1, succeeding Dr. Rod Hochman.
What's likely to come from Tuesday's presentations?
On Tuesday, CommonSpirit executives will likely discuss the strategy behind the system’s outpatient expansion efforts. The national health system has been selling hospitals in its lower-performing markets while adding ambulatory surgery centers, behavioral health and home care sites around its higher-growth markets.
Mayo Clinic may provide an update on its $5 billion redevelopment project at its main campus as well as some of its investments in AI-backed technology.
What are the expected highlights for the rest of the conference?
Virtual mental health provider Talkspace is slated for Wednesday. Health tech companies focused on behavioral health, including another conference presenter Teladoc, are expected to benefit from payment flexibilities for telehealth, hospital-at-home care and remote prescribing that were temporarily extended until March 31.
Jamie Dimon, chairman and CEO of JPMorgan Chase, will lead off the keynote presentations, which will also feature former Chairman of the Joint Chiefs of Staff Mark Milley.
Which major organizations will not be taking the stage?
Several organizations had planned to participate but pulled out, per the latest agenda updated Tuesday. Insurers Cigna and Centene Corp., along with retail pharmacy chain Walgreens, were not on the latest agenda.
Some large health systems are not presenting, such as Oakland, California-based Kaiser Permanente, Livonia, Michigan-based Trinity Health, Boston-based Mass General Brigham and Phoenix-based Banner Health.
CVS Health, which began a strategic review in 2024, decided not to present at this year’s conference.
Insurers UnitedHealth Group, Humana and Elevance Health also won't be presenting.
