New Details of Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Testimony - News Summed Up

New Details of Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Testimony


Tech giants like Amazon and Apple are expanding their businesses to include electronic health records -- which contain data on diagnoses, prescriptions and other medical information. That’s creating both opportunities and spurring privacy concerns. Photo Composite: Heather Seidel/ The Wall Street JournalBOSTON—A health-care joint venture launched by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. is looking at how to redesign health insurance, among other efforts, according to newly unsealed court testimony from an executive at the health startup. The three companies announced the venture last year with stated goals of trying to improve health care and rein in costs for their employees. The still-unnamed venture has released few specifics, however, about its long-term aims.


Source: Wall Street Journal February 21, 2019 01:30 UTC



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