Regional Managing Principal Discusses How the Revolutionary Merger May Positively Impact the Healthcare Industry
Although Amazon, JPMorgan and Berkshire Hathaway are known disruptors in their prospective industries, they lack experience in the healthcare industry leaving many to speculate about the implications of this decision. Chris Thurin, Regional Managing Principal of OneDigital Southern California, examines the significance of the seemingly unlikely alliance in the article, "What the Amazon, JPMorgan, Berkshire Partnership Means for Healthcare: 35 Executives Respond,” published by Becker’s Hospital Review.
You’re looking at arguably three of the best-known U.S. business leaders coming together to take on the world’s most expensive healthcare system and there’s the potential to really disrupt the status quo, reduce the cost burden on employers and improve satisfaction. This could be the catalyst that scares current stakeholders enough to make meaningful changes.
For instance, insurance carriers may be forced to look inward to find new ways of adding value in the healthcare system. As payors they’re part of the problem, but insurers are uniquely positioned to innovate and improve the current system if they perceive an imminent threat. Employers no matter their size will embrace improved healthcare models or it will be harder for them to compete down the road."
— Chris Thurin, Regional Managing Principal of OneDigital Southern California
To find out more about how the partnership may impact your organization, reach out to your OneDigital representative.