Amazon has Healthcare Fever: Six Symptoms You Should Recognize

By Marc Butler, Intellgize 

It’s obvious that Amazon is becoming a player in the healthcare space. And it’s making plenty of people in the industry sick.

A mere sneeze out of Seattle can give anyone in the vicinity the chills. In January, Amazon announced a partnership with Berkshire Hathaway and JP Morgan Chase to form an independent health care company for their employees. Despite a lack of details, the news sent the stocks of United Health and Anthem plummeting by more than 5 percent. And that’s just one of the entry points that Amazon has established into our ripe-for-disruption healthcare industry. Here are six initiatives that Amazon has going right now, all of which signal a serious commitment to break into – if not break up – the industry:

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Berkshire Hathaway, Amazon and JPMorgan Are Close to Hiring a CEO for Their Healthcare Venture

The joint healthcare venture formed by Amazon, Berkshire Hathaway and JPMorgan in January will soon announce new CEO to lead the company, Warren Buffett revealed at his company’s annual meeting Saturday.

“We’re making a lot of progress, and I think we’ll probably have a CEO within a couple of months,” Buffett said at the Berkshire Hathaway meeting in Omaha.

The legendary investor, nicknamed the “Oracle of Omaha,” did not specify who was in the running for the top position. But candidates under consideration reportedly include Todd Park, the federal government’s former chief technology officer; Andy Slavitt, the former acting administrator of the Centers for Medicare and Medicaid Services; and former Aetna executive Gary Loveman, according to CNBC.

While few details of the healthcare venture have been released so far, Buffett also clarified the nature of Berkshire’s partnership with Amazon (AMZN, +1.13%) and JPMorgan (JPM, +1.19%).