Skip to main content

Amazon, JPMorgan, Berkshire Hathaway name new CEO in quest to fix health care

Amazon, JPMorgan, and Berkshire Hathaway are taking the next step in their U.S. employee nonprofit health care business by naming a new chief executive officer. On Wednesday, the powerhouse trio announced the appointment of Atul Gawande as the new leader of the business.

While the company does not yet have a name, Gawande’s name lends additional credibility to the venture. The well-known surgeon and author boasts an impressive résumé — he is a professor at the Harvard T.H. Chan School of Public Health and Harvard Medical School, and has penned four New York Times best-sellers. In his new role as CEO, he will be leading a company that is independent “from profit-making incentives and constraints,” the companies noted in a press release.

Recommended Videos

“I’m thrilled to be named CEO of this health care initiative,” said Atul, “I have devoted my public health career to building scalable solutions for better health care delivery that are saving lives, reducing suffering, and eliminating wasteful spending both in the U.S. and across the world. Now I have the backing of these remarkable organizations to pursue this mission with even greater impact for more than a million people, and in doing so incubate better models of care for all. This work will take time but must be done. The system is broken, and better is possible.”

Please enable Javascript to view this content

In working together, Amazon, JPMorgan, andBerkshire Hathaway are hoping they can deliver health care better than the current players in the game. Unfortunately, details are still extremely sparse when it comes to exactly what the three titans have in mind. When the nonprofit was first announced in January, the trio said it was with the goal of finding “ways to address health care for their U.S. employees, with the aim of improving employee satisfaction and reducing costs.”

So how exactly did Gawande land the job? Apparently, 10 candidates were interviewed, and were “asked to write a white paper on how they would fix the health care system.” Ultimately, three individuals made the final cut, and from there, Gawande was chosen.

“Talent and dedication were manifest among the many professionals we interviewed,” said Berkshire Hathaway Chairman and CEO, Warren Buffett. “All felt that better care can be delivered and that rising costs can be checked. [JPMorgan CEO] Jamie [Dimon], [Amazon CEO] Jeff [Bezos], and I are confident that we have found in Atul the leader who will get this important job done.”

The joint venture will be headquartered in Boston (which is ideal for Gawande, who is already based in the New England metropolis), and the new CEO’s duties will begin July 9.

Lulu Chang
Former Digital Trends Contributor
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
Dashlane simplifies digital credential management for people, teams and businesses
Dashlane credential management tool for teams featured image

Have you ever considered a credential management tool for your team or business? Allow me to explain. When it comes to digital and online safety, something you hear often is never to share your credentials, account details, or passwords with anyone. You're not supposed to share account details or passwords, even with people you know well. That's not necessarily because they can't be trusted, it's more that you never know how someone else will handle your sensitive information. If they stow it somewhere easily accessible, like in a plain text document on their desktop, it weakens your security and makes your accounts more vulnerable. Plus, there’s no telling who they’ll share that information with.

Keeping your logins to yourself is also how you’re advised to protect professional or business accounts in the workplace. But it makes things more difficult, especially when you’re working with a team. Sometimes, you need tool or platform logins to be available to everyone. There is a much better way to administrate password sharing, and most importantly, it doesn’t compromise security. The answer is a digital credential management tool like Dashlane.

Read more
Thanks to Squarespace Refresh website building has never been more intuitive
squarespace refresh makes web building intuitive featured image

When it comes to building and designing your own website, from scratch, there is a lot of trial and error involved. Believe me, I've been there. But what's more important as an entrepreneur and when you're trying to present your business, big or small, is that the presentation has to be decidedly professional. It needs to be attractive and user-friendly, with easy access to everything that's most important for your business. Whether that's a section to browse available products, checkout, learn more about you and the team, or something else entirely. It's a lot of work and requires a lot of time invested. It's so much easier to have a templatized and convenient builder handy.

That's precisely where you can turn to something like Squarespace, which makes it so much easier to build the website of your dreams. But even more exciting is Squarespace's 2024 Refresh announcement. A product showcase, the brand says it creates a "new era for entrepreneurs." From new design tools with AI-powered features to enhanced business solutions to bring your business websites to the next level, the goal is to elevate your experiences and those of your visitors or customers. Let's take a closer look.

Read more
The 10 best VPN services for 2024, reviewed by experts
Surfshark VPN on Mac protecting user data.

You rely on the internet to stay connected to friends, family, and coworkers, monitor the news, shop, pay bills, and more. That makes privacy and security more important than ever, and a virtual private network (VPN) is one of the easiest, cheapest, and most effective ways to hide your location and safeguard your online activities from unwanted network intruders.

But if you're having trouble choosing the right VPN service for your budget and security needs, don't worry: We can help. Below, you'll find a list of the best VPNs around. Our comprehensive guide to the best VPN services covers pricing, features, and all the information you need to make an informed decision.

Read more