As the American healthcare industry wonders how Amazon, Berkshire Hathaway Inc. and JPMorgan Chase & Co. might reinvent U.S. healthcare, the mission statement of Amazon’s Jeff Bezos should strike fear in its heart — “Your margin is my opportunity.”
Bezos, Berkshire’s Warren Buffett and JPMorgan’s Jamie Dimon say their not-for-profit healthcare entity will use technology to deliver “simplified, high-quality and transparent healthcare” for their more than 500,000 U.S. employees. If they succeed, however, their venture could utterly disrupt everything from hospitals to pharmacies for all Americans.
