Deals

Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company

Amazon, Berkshire, JPMorgan to form new company for U.S. staff
Express Scripts, CVS, health insurers drop on the news

Techonomy CEO David Kirkpatrick calls the Amazon, Berkshire and JPMorgan health-care partnership "brilliant." (Source: Bloomberg)

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By Zachary Tracer and Hugh Son

January 30, 2018 at 7:23 AM EST

Updated on

January 30, 2018 at 12:37 PM EST

This article is for subscribers only.

It’s no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too.

News Tuesday that Bezos’s Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co., led by Dimon, plan to join forces to change how health care is provided to their combined 1 million U.S. employees sent shock waves through the health-care industry.

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