Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
1–10 of 37 posts
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#2I'd be curious to know some more details. The article says turnover was a problem at all levels, but why?
I am in this same industry and I'm really interested to learn what a massively well connected and funded startup discovered that made it better to toss in the towel.
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#3I'd be curious to know some more details. The article says turnover was a problem at all levels, but why? I am in this same industry and I'm really interested to learn what a massively well connected and funded startup discovered that made it better to toss in the towel.
Admittedtly without evidence, I would speculate that they ran up against institutional players who had better lobbying power for this industry. There is no technical limitation to explain why our healthcare system sucks, it's some crazy combination of inefficient policies, beaurocracies, and established parties who benefit from the preceding two. But agreed, would love to see more.
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#4https://www.cnbc.com/2021/01/04/haven-the-amazon-berkshire-j... seems to have more background (and claims to be the original scoop)
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#5I'd be curious to know some more details. The article says turnover was a problem at all levels, but why? I am in this same industry and I'm really interested to learn what a massively well connected and funded startup discovered that made it better to toss in the towel.
Admittedtly without evidence, I would speculate that they ran up against institutional players who had better lobbying power for this industry. There is no technical limitation to explain why our healthcare system sucks, it's some crazy combination of inefficient policies, beaurocracies, and established parties who benefit from the preceding two. But agreed, would love to see more.
Turns out you need to fix the laws around healthcare to fix healthcare.
https://www.congress.gov/bill/116th-congress/senate-bill/112...
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#6Earlier quoted context omitted.
Admittedtly without evidence, I would speculate that they ran up against institutional players who had better lobbying power for this industry. There is no technical limitation to explain why our healthcare system sucks, it's some crazy combination of inefficient policies, beaurocracies, and established parties who benefit from the preceding two. But agreed, would love to see more.
Turns out you need to fix the laws around healthcare to fix healthcare. https://www.congress.gov/bill/116th-congress/senate-bill/112...
It's almost as if Freedom Markets™ would benefit from clear rules, professional administration, and fair & impartial referees.
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#7I'd be curious to know some more details. The article says turnover was a problem at all levels, but why? I am in this same industry and I'm really interested to learn what a massively well connected and funded startup discovered that made it better to toss in the towel.
Admittedtly without evidence, I would speculate that they ran up against institutional players who had better lobbying power for this industry. There is no technical limitation to explain why our healthcare system sucks, it's some crazy combination of inefficient policies, beaurocracies, and established parties who benefit from the preceding two. But agreed, would love to see more.
"It is difficult to get a man to understand something, when his salary depends on his not understanding it." - Upton Sinclair
There's no single institution or person holding us back. Real life isn't a movie with a villain who can be defeated and then we live happily ever after. There's no magic HealthBot 3000 technology that will deliver a breakthrough in curing disease and injury, and/or disrupt current business models.
Hospitals don't want to lose revenue. Physicians who don't want to lose revenue and turf. Drugmakers don't want to lose revenue. Health insurance. Patients refuse to opt into* any limits on care, demand nearly perfectly safe drugs, and say they only want the best care. We want to see our doctor over a cold and demand a pharmaceutical solution. We get annoyed when doc tells us to lose weight or quit smoking/drinking. We cannot accept death or taxes. "We have met the enemy and he is us." - Walt Kelly. The only deflationary force in the industry is have nots avoiding care at significant cost to life and limb.
*Even relatively comfortable employer plans and Medicare have significant gatekeeping: "out of network," deductibles, what procedures and drugs are not covered.
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#8https://www.cnbc.com/2021/01/04/haven-the-amazon-berkshire-j... seems to have more background (and claims to be the original scoop)
Ok, changed from https://www.wsj.com/articles/amazon-berkshire-hathaway-jpmor.... Thanks!
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#9I'd be curious to know some more details. The article says turnover was a problem at all levels, but why? I am in this same industry and I'm really interested to learn what a massively well connected and funded startup discovered that made it better to toss in the towel.
I dont think they are throwing in the towel, I think they are all going about it on their own to capture more of the low hanging profit?
> One key issue facing Haven was that while the firm came up with ideas, each of the three founding companies executed their own projects separately with their own employees, obviating the need for the joint venture to begin with, according to the people, who declined to be identified speaking about the matter.
Re: Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
#10Earlier quoted context omitted.
Turns out you need to fix the laws around healthcare to fix healthcare. https://www.congress.gov/bill/116th-congress/senate-bill/112...
It's almost as if Freedom Markets™ would benefit from clear rules, professional administration, and fair & impartial referees.
The laws that incumbents write for their industries encourage extractive pricing models while discouraging competition and innovation.