Amazon, Berkshire, JPMorgan partner to cut U.S. healthcare costs

[rcjordan]

https://www.reuters.com/article/us-amazon-healthcare/amazon-berkshire-jpmorgan-partner-to-cut-u-s-healthcare-costs-idUSKBN1FJ1NF

Our existing health care industry kept fattening the pot.

[ergophobe]

At a certain point, you get too greedy. One can only imagine who Bezos plans to squeeze healthcare providers though. But realistically, I could see in the long term a totally different system, with a small number of doctors, a large number of nurses and smart systems to aid them. Many studies have already shown that results in better outcomes (setting aside price) and lower prices. So I have to believe Bezos, Dimon and Buffett know that.

[rcjordan]

>fattening the pot

HA! Just ran across this quote from Bezos

"Remember, Jeff Bezos says, your margin is my opportunity," Dimon said at his last shareholder meeting.

https://www.bloomberg.com/news/articles/2018-01-31/for-bezos-buffett-and-dimon-a-plan-many-years-in-the-making

[Mackin USA]

Scared the POO POO out of Humana & United Health

"There's no immediate impact on the Affordable Care Act or single-payer healthcare. If they can discover a way of doing something better, then its going to be adopted rapidly and widely because they'll have achieved something that no one else has been able to achieve. If they do it, then society will benefit." Alejandra Reyes-Velarde - LA TIMES

[rcjordan]

>then its going to be adopted rapidly and widely

That's bullshit.  This is going to be a data-handling war and none of the healthcare companies have the competitive firepower.

[ergophobe]

Haven, the Amazon-Berkshire-JPMorgan venture to disrupt health care, is disbanding after 3 years
https://www.cnbc.com/2021/01/04/haven-the-amazon-berkshire-jpmorgan-venture-to-disrupt-healthcare-is-disbanding-after-3-years.html