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.
Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
