Unpacking the Amazon, Berkshire and JPMorgan Announcement about their Healthcare Initiative
Amazon, Berkshire Hathaway and JPMorgan Chase today announced a partnership to launch an independent healthcare company (“NewCo”) for the benefit of their U.S. employees. Amazon’s entry into healthcare was eagerly awaited because we are desperate for a radical transformation of our healthcare industry, and Amazon has a successful track record in leveraging its core competencies to launch user-friendly and efficient services in adjacent markets NewCo has the potential to be th