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Amazon's Joint Health-Care Venture Finally Has a Name: Haven (cnbc.com)

"Haven" is the new name of the joint health-care venture between Amazon, JPMorgan, and Berkshire Hathaway. The CEOs of the three companies last January announced they were teaming up to tackle rising health-care costs. They formed a nonprofit company and named renowned surgeon, author and speaker Dr. Atul Gawande as CEO in June. CNBC reports: Prior to the big reveal, many industry insiders referred to the venture as "ABC" or "ABJ." The company said the name choice of "Haven" lines up with its mission to be a "partner" to care providers and to focus on the health-care needs of the 1.2 million Amazon, Berkshire Hathaway and J.P Morgan workers. Since his appointment, Gawande has been meeting with employees at these three companies to understand their health-care experiences. In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs.

Haven also said on its website that it's interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as insurers, providers and pharmacy benefit managers rather than uprooting them. The website also includes a letter where Gawande describes Haven's role as being "an advocate for the patient and an ally to anyone -- clinicians, industry leaders, innovators, policymakers, and others -- who makes patient care and costs better."

46 comments

  1. Haven for what? by b0s0z0ku · · Score: 0

    Haven for what?
    Unpaid taxes?
    Hoarded personal and medical data?

    1. Re:Haven for what? by Anonymous Coward · · Score: 0

      nevah backwards

    2. Re:Haven for what? by Mr.+Dollar+Ton · · Score: 1

      Why not both.gif

    3. Re:Haven for what? by K.+S.+Kyosuke · · Score: 1

      Haven for The Troubles.

      --
      Ezekiel 23:20
    4. Re:Haven for what? by Alalalalalalalalalal · · Score: 0

      Alalalalala is Alalalalala when spelled backwards.

      Submit to Almighty Allah.

      If you do not submit, you are INFIDEL and will be punished with torturous flames and sharp metal instrument of infliction.

      He who submits to Almighty Allah is awarded 72 virgins. Virgins who need never relieve themselves, clean and pure for his use.

    5. Re:Haven for what? by cheesybagel · · Score: 1

      JPMorgan is on the list. So you know their motives must be pure.
      Where did I put my meter?

    6. Re:Haven for what? by Anonymous Coward · · Score: 0

      Sorry, the name was truncated. The actual name is: Havenot

  2. Now we can go to "Heaven" for medical care.. by Anonymous Coward · · Score: 0

    I may have misspelled something.

  3. The bad news? by bobstreo · · Score: 0

    Unless you own shares of Berkshire, or have signed up for "Haven Prime" your ambulance will take more than 2 days to take you to a hospital, and no gurney, they'll just toss you onto the steps, /s

    With backers like that, why not just buy some Health insurance companies?

  4. Appropriate name... by DogDude · · Score: 1

    ... it sounds like like something out a sci-fi futuristic dystopian book where one company owns everything and everybody worships this one company, and eventually, the company goes from selling things into "health care"...

    --
    I don't respond to AC's.
    1. Re:Appropriate name... by fuzzyfuzzyfungus · · Score: 1

      Specifically I think 'haven' is the name of the place where the people who never come out of the euthenic pods supposedly go to live happily.

    2. Re:Appropriate name... by b0s0z0ku · · Score: 1

      Will they also start selling Soylent Green online?

    3. Re:Appropriate name... by Picodon · · Score: 1

      Coming from those three particular companies, that name inspires confidence. They might not know anything about healthcare, but I'm sure they all employ top experts on safe havens.

    4. Re:Appropriate name... by Mr.+Dollar+Ton · · Score: 1

      And their server farms will be named "the Matrix".

    5. Re:Appropriate name... by Mr.+Dollar+Ton · · Score: 1

      Until such time as healthcare stops being a business, they know more than enough about it. It is really simple, too:

      1) Provide the lowest possible quality and keep "driving the costs down"
      2) Ensure that every punter is paying the highest possible price they can bear
      3) Profit

      No bullet point with question marks involved.

    6. Re:Appropriate name... by jenningsthecat · · Score: 1

      ... it sounds like like something out a sci-fi futuristic dystopian book...

      Or a dystopian chapter out of a history book - we could be witnessing the birth of a modern (per)version of zaibatsu, sneaking in the back door via workplace healthcare...

      --
      'The Economy' is a giant Ponzi scheme whose most pitiable suckers are the youngest among us and the yet-unborn.
    7. Re:Appropriate name... by Anonymous Coward · · Score: 0

      Well they do sell Soylent, but it doesn't come in Green (just, white, red, brown, black, and blue).

  5. In Trek: TNG Haven was where they married nude by sandbagger · · Score: 1

    I hope this isn't a requirement.

    --
    ---- The above post was generated by the Turing Institute. Maybe.
    1. Re:In Trek: TNG Haven was where they married nude by Anonymous Coward · · Score: 0

      That didn't have anything to do with Haven. That had to do with the marriage rituals of the Betazoids, Deanna Troi's culture. They would have done that wherever they were at, Haven or not.

  6. Thanks Billionaires! by Anonymous Coward · · Score: 0

    I am sure the people will benefit. Billionaires don't want anything from you.

    Turn your head and cough. Like a good little prole.

  7. Re:how about instead... by b0s0z0ku · · Score: 1

    Government employees and contractors tend to be paid better than Amazon scut workers. I hope that this gets the AMA behind public option or single payer.

  8. Drones are coming for your kidneys. by Anonymous Coward · · Score: 0

    Or you can give a pint of blood a day. The choice is yours, customer.

  9. you only deserve health care if you're rich by Anonymous Coward · · Score: 0

    thanks republicans.

    1. Re: you only deserve health care if you're rich by Anonymous Coward · · Score: 0, Insightful

      Uh . . . Bezos is not a Republican, and Obamacare was more expensive than what I had before Obamacare (and covered less. And passed me around to so many different doctors I accidentally tried to check in with my nonexistent pimp). Dem, Republican - that is irrelevant regarding this issue.

  10. With luck it'll be dead in a few years by rsilvergun · · Score: 5, Insightful

    and we'll finally have single payer via Medicare for All. Seriously, not everything deserves a market solution. Paying for Healthcare is one of those things that doesn't work at a small scale. You just end up fighting with insurance companies for needed care and paying insane prices for meds.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
    1. Re: With luck it'll be dead in a few years by astrofurter · · Score: 1

      The "great" thing about our current healthcare system is it's _so_ dysfunctional that pretty much _anything_ else would be an improvement. It's hard to imagine even the very worst implementation of National Healthcare being worse than what we have now. That sorry fact gives us lots of room to experiment and innovate.

    2. Re: With luck it'll be dead in a few years by Anonymous Coward · · Score: 0

      Don't worry, Trump will find a way.

    3. Re:With luck it'll be dead in a few years by RyanFenton · · Score: 1

      Yeah, as long any of the following holds, true:

      1) The company running the scheme is a profit-seeking entity.
      2) The company is publicly traded.
      3) The company has a board of directors that benefits from decisions that draw profit. ...this won't be a real fix. Any of those things will rapidly cause any good will towards the welfare of human beings in the system to break down - as the need to draw profit shapes every decision little bits at a time.

      Soon, all the lip service will be there ("At [company name], we strive to ensure the best possible health outcome for you and your family!") - but it will rapidly become strained, then hollow in meaning.

      All groups face limitations - but a public healthcare system actually works to ensure a minimal health standard that is generally stable over time. Market solutions always shift in motivation towards the more stark forms of greed - since there's no counter-force of meaningful competition in almost all cases.

      Whatever the market will bear means something rather horrible when it comes to a person told they are on the verge of death. And the market will fairly see a motivated buyer - and will act accordingly. And that viewpoint will always win with no regulation.

      Ryan Fenton

    4. Re: With luck it'll be dead in a few years by Anonymous Coward · · Score: 1

      The healthcare system is dysfunctional because it's the worst of both the private sector and the public sector. Untangle the two and things may get better, especially if people also start taking responsibility for their own health.

    5. Re:With luck it'll be dead in a few years by Anonymous Coward · · Score: 0

      I'm not an expert on medicare, but from what I understand you still have out-of-pocket costs, and furthermore, there is a maximum amount that medicare will pay. That doesn't sound like "single payer" to me. Correct me if I'm wrong.

    6. Re:With luck it'll be dead in a few years by Scroatzilla · · Score: 1

      Two things:

      1) Our Medicare system is almost bankrupt.

      2) Lots of people trust the free market more than The Government. It's weird how people seem to attribute "evilness" to the "greed" of corporations, and complain about monopolies... How is single-payer healthcare run by the Government not a monopoly? How is it that people miss or willfully ignore the "greed" of politicians who wish to usurp this power and money (and, ultimately, the right to decide what you should do with your body)? Do you *really* want your healthcare to be politicized?

  11. Another layer by Waffle+Iron · · Score: 1

    Haven also said on its website that it's interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as insurers, providers and pharmacy benefit managers rather than uprooting them.

    It sounds like the old quip about XML can be paraphrased to apply here:

    "A set of healthcare middlemen is like violence -- If it doesn't solve your problems, you are not using enough of it."

  12. All sweetness and light until they get the first by Anonymous Coward · · Score: 0

    customer. Then the complaints start. However, Buffet is a re-insurance expert, so that may be where they operate -- ie the insurance company that rejects your claim after your regular insurance company refuses to pay. That way it's mostly just profit without ever having to deliver any service.

  13. A whole lot of money... by Arzaboa · · Score: 1

    With the United States paying the highest healthcare rates in the world for the same or worse coverage than other 1st world countries, it seems fairly obvious that there is a large amount of waste that can be tidied up by streamlining things. Streamlining is Amazon's wheel house. Insurance is one of Berkshire Hathoway's primary businesses. Financing core services is what JP Morgan does.

    These three companies have the right experience, leverage and knowledge to be able to make a large dent in this market. They stand to make $3k-$5k per U.S. citizen and not provide anything better in return. There is a large amount of money sitting out on the table for a very large and inefficient healthcare system. The U.S. system is ripe for fixing. If the citizens don't do it, the corporations will.

    --
    In politics, absurdity is not a handicap. – Napoleon Bonaparte

    1. Re:A whole lot of money... by Krishnoid · · Score: 3, Insightful

      I don't know why anyone would even need to 'fix' it, considering there are multiple developed nations with (well-functioning?) healthcare systems that could probably just be dropped in as templates. At least one of them should have gotten it mostly right by now.

    2. Re:A whole lot of money... by h4x0t · · Score: 1

      Yeah... but lobbying prevents a drop in legislative solution. This is a big dollar solution to a big dollar problem. I wish them luck, and I hope they are rapidly made obsolete by a groundswell of common sense that percolates up through the legislature.

  14. Irregardless ... by Krishnoid · · Score: 1

    At least check out Atul Gawande's books, and in particular the summary about the use of checklists in medical care. I recall one of the main SQLite developers saying he bought a copy of "The Checklist Manifesto" for all of his subordinates.

    1. Re:Irregardless ... by shilly · · Score: 1

      I recommend the bell curve article, also. It's an interesting appointment, that's for sure.

  15. Re:how about instead... by cheesybagel · · Score: 1

    I can see it already. Amazon workers peeing into bottles serving your prescription on a warehouse without air conditioning. Of course nothing bad will happen.

  16. More healthcare workers needed by acoustix · · Score: 1

    That is the biggest problem in the U.S. by far. We are in desperate need of more doctors and nurses as more and more people seek out health care services. Unfortunately many people don't understand that if you take an overwhelmed system and throw in more customers (demand) in to the system it gets even worse. Costs go up. Prime the pump with more workers first. States could incentivize professional healthcare workers. Don't do it at the federal level, it's too inefficient and corrupt.

    --
    "A plan fiendishly clever in its intricacies"- Homer Simpson
    1. Re:More healthcare workers needed by sabbede · · Score: 1
      Yup, supply and demand is at the heart of any market, and our healthcare policy has been focused on increasing demand and restricting supply. Increasing demand through subsidies and insurance, and decreasing supply to maximize quality.

      You cannot maximize quantity and quality, they are inversely related. You can't increase demand without increasing supply if you want stable costs.

      Major politicians have recently stated that they will provide high-quality care for everyone. This is not possible.

  17. Prime by cascadingstylesheet · · Score: 0

    Be sure to get Haven Prime so you don't have to pay an extra fee per IV line.