A new Amazon hire hints at doctor strategy for the Haven joint healthcare venture (AMZN, JPM, BRK.A)
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After a long-awaited name reveal last week, Haven — the joint healthcare venture formed by Amazon, Berkshire Hathaway, and JPMorgan Chase’s healthcare joint venture (JV) — announced it’s hiring Dr. Sandhya Rao as VP of clinical strategy, according to CNBC.
Rao most recently served an internist at Boston-based Mass General Hospital and senior medical director for Partners Population Health, a Boston-based health system. For context, Haven was announced in 2018 with the broad goal of reducing healthcare costs for the trio’s 1.2 million combined employees, but has mostly been tight-lipped about its strategy.
Here’s what it means: Rao is the latest in a slew of recent hires as Haven aggressively staffs up its team. Since crowning surgeon Atul Gawande as CEO in June 2018, Haven’s gone on a hiring spree.
Here’s a look at the recent hires we think offer the best insight into Haven’s plans for the healthcare industry:
At Partners, Rao was responsible for advancing value-based care (VBC), a burgeoning payment model that compensates doctors based on cost-effective patient outcomes, rather than the number of services rendered. Given Haven’s stated goal of reducing costs, it makes sense for Haven to bring in Rao’s expertise.
Jack Stoddard — appointed Haven COO in September 2018 — previously served as COO and CSO of digital health company Accolade. Accolade offers employees price transparency tools and recommendations on the appropriate type of care to seek — with the aim of encouraging employees to utilize low-cost healthcare services.
And Haven named Serkan …read more
Source:: Business Insider