Amazon, Berkshire Hathaway, JPMorgan End Health-Care Venture Haven
January 04 2021 - 1:49PM
Dow Jones News
By Kimberly Chin
The high-profile health-care venture launched by Amazon.com
Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. will
cease its independent operations in February, it said on its
website Monday.
Haven, which was first unveiled in January 2018 and incorporated
in Delaware as a limited liability company, had aimed to develop
new ways to ease access to primary care, simplify insurance
coverage and make prescription drugs more affordable, the company
said.
"Moving forward, Amazon, Berkshire Hathaway, and JPMorgan Chase
& Co. will leverage these insights and continue to collaborate
informally to design programs tailored to address the specific
needs of their own employee populations."
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
January 04, 2021 13:34 ET (18:34 GMT)
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