Author Topic: Amazon is creating a health care company with the help of Warren Buffett and JPM  (Read 501 times)

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Southern Jewel's Fab Finds

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Amazon is creating a health care company with the help of Warren Buffett and JPMorgan Chase

From various articles: The new, not-for-profit venture will initially focus on technology for “simplified, high-quality and transparent healthcare” for their more than 500,000 U.S. employees, the companies said. They did not elaborate on their strategy, but said they are searching for a chief executive officer.

Healthcare industry experts say the new entity could eventually negotiate directly with drugmakers, doctors and hospitals and use their vast databases to get a better handle on the costs of those services.


I knew 'something' was brewing last summer with the applications which had been filed by Amazon.
Buncha talk on the world wide web about adding in 3rd party sellers.



uncleleroy

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springintoscooters

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Would be interesting to see their business model, but don't put too much faith into the nonprofit status being the deal maker. Blue Cross, Blue Shield and most companies with Mutual in their names began as nonprofits.
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uncleleroy

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Would be interesting to see their business model, but don't put too much faith into the nonprofit status being the deal maker. Blue Cross, Blue Shield and most companies with Mutual in their names began as nonprofits.

I had forgotten about that.

Southern Jewel's Fab Finds

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