Forbes February 20, 2018
Amazon together with J.P. Morgan and Berkshire Hathaway (let’s call them the “Triad”) recently announced plans to form a joint venture designed to provide more cost/effective healthcare (“higher employee satisfaction at reasonable cost”) for their 1+ million employees. Although the details are sketchy so far, the announcement drew a large amount of media attention and the stock prices of major healthcare services and products suppliers dipped on the news.
The question on many minds is: can Jeff Bezos with his powerful partners change the U.S. healthcare system, and improve its cost/effectiveness, anywhere near as dramatically as he has changed U.S. retailing, then cloud computing, and now television, the smart home and space transportation? While it’s hard to say what the...