The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc. and JPMorgan Chase & Co. on Tuesday hired Jack Stoddard as chief operating officer.
Stoddard was previously general manager for digital health at Comcast Corp. His appointment is effective Tuesday, a spokeswoman for the venture said on Tuesday.
Amazon, Berkshire and JPMorgan announced the joint venture in January, saying U.S. healthcare costs were rising too fast and holding back economic growth.
The venture is being led by well-regarded surgeon, author and industry critic Atul Gawande, who was appointed as chief executive officer in June.
The joint venture will use big-data analysis and other high-tech tools to improve care and cut costs.
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Anil D’Silva)
Topics InsurTech
Was this article valuable?
Here are more articles you may enjoy.
Consumer Acceptance of Telematics Widens, Says Survey
Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns
CEOs on Guard as Trump Rattles Companies With Series of Edicts
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement 

