Joint Amazon-JPMorgan-Berkshire Hathaway healthcare venture finally gets a name

The joint healthcare venture created by Amazon, Berkshire Hathaway, and JPMorgan Chase announced its name on Wednesday: Haven.

“We want to change the way people experience health care so that it is simpler, better, and lower cost,” Atul Gawande, Haven’s CEO, said in a statement. “We’ll start small, learn from the experience of patients, and continue to expand to meet their needs.”

The Boston-based company will work to help the three businesses’ 1.2 million workers and their families better afford prescription drugs and other medical treatment, as well as improve their access to care and make it easier for them to navigate the healthcare system. The organization said it was looking to hire software engineers, data scientists, and clinicians.

Gawande, who is also a renowned author and surgeon, has been asking employees from the three companies how their experiences in healthcare have been.

“The good news is the best results are not the most complicated or expensive,” Gawande said. “The right care in the right place is often more effective and less costly than what we get today.”

The company will be opening another office in New York, and rolled out a website on Wednesday.

When Amazon, Berkshire Hathaway, and JPMorgan announced in January 2018 that they intended to work together to provide healthcare for their employees, they said they wanted to find a system that was “free from profit-making incentives and constraints.” They said they wanted to find a way to improve their workers’ happiness with the healthcare system and reduce costs.

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