The healthcare joint venture between Amazon, JPMorgan Chase and Berkshire Hathaway finally has a name, and it’s called Haven. The company also launched a website at havenhealthcare.com.
In addition to the new branding, the joint venture addressed a long-running question: Will Haven sell its products and services to other companies? The answer is a qualified “yes.”
Haven said that it’s focused on the 1.2 million employees and family members from Amazon, Berkshire and JPMorgan. However, the website explained that “in time, we intend to share our innovations and solutions to help others.”
Haven will focus on access to primary care, simpler insurance benefits, and lowering prescription drugs prices. It is also looking at how to use data to improve the healthcare system overall.
Haven revealed the members of its board, which includes:
- Todd Combs, investment officer of Berkshire Hathaway
- Jamie Dimon, chairman and CEO of JPMorgan Chase
- Beth Galetti, a senior vice president at Amazon
- Dr. Atul Gawande, CEO of Haven
Haven is led by:
- Dr. Atul Gawande, CEO
- Michael Higgins, chief information security officer
- Serkan Kutan, chief technology officer
- Megan McLean, chief of staff
- Dana Safran, head of measurement
- Jack Stoddard, chief operating officer
- Liam Brenner, acting head of finance
- Mary Jane Favazza, general manager
- Brooke Thurston, head of communications
The joint venture was initially launched a little over a year ago. Its goals were mostly mysterious until documents in a lawsuit last month shed light on Haven’s ambitions.
Haven, which doesn’t seek a profit, is independent from the three companies. That said, it “draws on resources and expertise from Amazon, Berkshire Hathaway, and JPMorgan Chase,” the website reads.
Haven CEO Atul Gawande posted a letter on the website explaining Haven’s purpose. Here’s the full text:
As a surgeon, I’ve devoted my career to caring for my patients and working to make the health care system better. I believe all people deserve quality health care that is both affordable and accessible.
Haven was formed by the leaders of Amazon, Berkshire Hathaway, and JPMorgan Chase because they have been frustrated by the quality, service, and high costs that their employees and families have experienced in the U.S. health system. They believe that we can do better, and in taking this step to form this new organization, they have committed to being a part of the solution.
- We know that this work will take time, and we’ll need the help of others, but we will tackle problems step-by-step and make sure that patients remain our top priority. These are our guiding principles:
- We will be an advocate for the patient and an ally to anyone – clinicians, industry leaders, innovators, policymakers, and others – who makes patient care and costs better.
- We will create new solutions and work to change systems, technologies, contracts, policy, and whatever else is in the way of better health care.
We will be relentless. We will insure our work has high impact and is sustainable. And we are committed to doing this work for the long-term.
Atul Gawande, MD, MPH