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WSJ Article
Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
A high-profile health-care venture launched by three of the world’s biggest and best-known companies— Amazon. AMZN -2.61% com Inc., Berkshire Hathaway Inc. BRK.B -2.04% and JPMorgan Chase JPM -1.22% & Co.—is folding two years after its founding, the company said Monday.
Haven Health, originally sparked by an idea from JPMorgan Chief Executive Jamie Dimon, sought to reduce health-care costs for hundreds of thousands of workers at the three companies by pooling resources and technology. Haven’s stated aim at its 2018 launch was to provide transparent health care for employees of the companies at lower costs.
It plans to cease operations in February without having achieved those aims.
SAUCE: https://www.wsj.com/articles/amazon-berkshire-hathaway-jpmorgan-end-health-care-venture-haven-11609784367