Will there be an “Amazon Effect” on Healthcare?
In January of this year, Amazon.com Inc., Berkshire Hathaway Inc., and JPMorgan Chase & Co. teamed up to form a joint venture aimed at cutting wasteful spending on healthcare. The well-known CEOs of each of these companies – Jeff Bezos, Warren Buffett and Jamie Dimon, respectively – decided to work together in an effort to address rising healthcare costs that are negatively affecting the welfare of their employees as well as company profitability.
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