The Amazon-Berkshire Hathaway-JPMorgan healthcare joint venture is officially ending – TechCrunch

A somewhat monotonous, but high-profile and potentially hefty joint venture ending: Haven, created by J.V. Amazon, Berkshire Hathaway And JPMorgan Chase, being “disbanded” According to cnbc, Three years after its original formation. One of the main reasons is that each partner in the venture was apparently pursuing its own very different strategic approach to its own health-related challenges, meaning that it was actually very difficult to get started in a joint venture Was not combined.

In a statement given to Cnbc, Haven’s spokesperson highlighted some of the good results that have emerged from the partnership over the years, however, including improving access to primary care and easing insurance benefit packages for employees. Meanwhile, Amazon has made a lot of progress on its own Amazon Care Program, Which is its internal health program for employees in Washington state facilities.

Amazon Care includes provision for both virtual and in-person primary care doctor visits and prescription delivery. The company is also reported to be considering expanding this service to other businesses, indicating its intention to turn it into a real business that Haven JV originally intended as its guiding light.

To be honest, Original announcement The details about the founding of the JV were highlighted and seemed like one of the things that come together when the very rich people talk about their shared problems at the Caziar afternoon club, which is the caviar And are distilled with ancient Arctic ice with mineral water or whatever they enjoy. Their recurrence, so it is not at all surprising that it is not more important in anything.