Healthcare Industry Upended by Innovative Disruption
Just when you thought any new healthcare policy was destined to go nowhere, churned between rigid politics and traditional practices, there’s suddenly a breakthrough. The announcement by Amazon, Berkshire Hathaway, and JPMorgan Chase that they would form an independent healthcare company for their 1.2 million employees qualifies as a seriously out-of-the-box business model disruptor. The reason for the unprecedented collective effort is simple: the bottom line. “A hungry tapeworm on the American economy,” Warren Buffet memorably calls the current system. While the group claims no detailed answers (yet), the combined hefty clout and proven track record of these three companies gives hope for a major shift in business-as-usual in the healthcare sector.
John Howell, Editorial Director
ReportAlert: Novo Nordisk Releases Integrated Annual Report 2017