The Amazon-Berkshire-JPM Health Care Playbook
What do you get when you combine Atul Gawande’s expertise with three firms that hold a combined market capitalization of $1.6 trillion?
Amazon, Berkshire Hathaway, and JP Morgan Chase (ABC) announced last Wednesday that Dr. Atul Gawande will serve as CEO for their unnamed health care venture first publicized in January.
“I’m thrilled to be named CEO of this healthcare initiative, I have devoted my public health career to building scalable solutions for better healthcare delivery that are saving lives, reducing suffering, and eliminating wasteful spending both in the US and across the world. Now I have the backing of these remarkable organizations to pursue this mission with even greater impact for more than a million people, and in doing so incubate better models of care for all. This work will take time but must be done. The system is broken, and better is possible.”
— Atul Gawande
This choice was met with split reactions, but the larger question is how Atul will deploy the resources of these three giants of industry to affect a much smaller, yet more distributed, network of employees than most health systems and insurers.
In this essay, I dive into the trends that compelled ABC to take on the health care industry, how each company’s strengths contribute to tackling some of health care’s biggest challenges, and how Gawande, who’s made a career of moving ideas from the written page into the clinic, could combine the best of health services research, technology, and strategy to deliver a transformative health care experience.
https://medium.com/@nxpatel/the-amazon-berkshire-jpm-health-care-playbook-aeaf45d7037f