How Amazon, JPMorgan, Berkshire Venture Could Transform American Healthcare
With the projected cost of healthcare in the U.S. skyrocketing and a healthcare industry that is slow to change, employers are struggling to balance controlling costs with offering competitive benefits.
When Amazon, JPMorgan Chase & Co. and Berkshire Hathaway announced their intentions to form a healthcare mega-company in January, the industry was stunned. The alignment formed to transform American healthcare and improve healthcare for their domestic employees using technology solutions.
Chris Thurin, Regional Managing Principal at OneDigital Southern California delves into the implications of this industry disruption and provides insight on how the industry as a whole may be positively affected in the article, "What Can We Learn From the Amazon, JPMorgan, Berkshire Venture?" featured on DOTmed’s HealthcareBusiness daily news.
For consumers, in the near-term, it has the potential to deliver more health for the current spend. In the long term, it’s possible the partnership might leverage scale to negotiate lower prices with healthcare providers in certain regions. Or, even compete with providers by creating in-house clinics for employees in Amazon distribution centers or the lobbies of JPMorgan offices."
— Chris Thurin, Regional Managing Principal at OneDigital Southern California
For an in-depth look at how this partnership may impact your organization, contact your OneDigital representative.