JPMorgan Chase To Enter Into Healthcare Venture With Amazon and Berkshire
JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking.
JPMorgan Chase & Co, along with Amazon.com Inc., (AMZN) and Berkshire Hathaway have set their sights on resolving the biggest health issues that put pressure on the U.S. economy. The combined endeavor will focus on aligning healthcare payments with employee health and addressing chronic diseases.
In order to achieve this goal, the companies will start off by using big data, virtual technology, better customer engagement, and an increase in consumer choices to help address crucial problems.
The join venture looks to give more control to employees in accessing their own healthcare data and increasing telemedicine.
“The effort will start very small, but there is much to do, and we are optimistic.” -Jamie Dimon, Chairman and CEO JPMorgan Chase & Co
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