Future generations of Amazon‘s (NSDQ:AMZN) Alexa virtual assistant may be able to determine when its users are ill and provide medication recommendations, according to a new report from The Telegraph. The online retail giant has reportedly patented a new version of Alexa designed to analyze speech and identify signs of illness, according to the report. […]
Amazon-Berkshire-JPM healthcare bet taps Comcast’s Stoddard for COO | Personnel Moves, Sept. 10, 2018
Amazon-Berkshire-JPM healthcare bet taps Comcast’s Stoddard for COO The healthcare joint venture started by Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan tapped former Comcast executive Jack Stoddard to be its COO, reporting to CEO Dr. Atul Gawande. Stoddard was a co-founder of Accolade, a startup backed by the cable giant that helps workers manage their health […]
Report: Amazon adds MGH cardiologist Majmudar | Personnel Moves – August 21, 2018
Amazon (NSDQ:AMZN) has picked up well-known cardiologist Dr. Maulik Majmudar for a new role within the company as it looks to continue its foray into healthcare, according to a recent CNBC report. The announcement was made by Majmudar himself on Twitter, according to the report, though he did not state what his specific role within the […]
Dr. Gawande tapped to lead Amazon-JPM-Berkshire health play | Personnel Moves – June 21, 2018
The joint healthcare venture between Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan Chase said this week it named Brigham and Women’s Hospital surgeon, New Yorker magazine staff writer and bestselling author Dr. Atul Gawande as its CEO, effective July 9. The joint venture said that the newly formed company will be headquartered in Boston, and will operate […]
Report: Amazon-Berkshire Hathaway-JPMorgan Chase health play struggles to find CEO
The joint healthcare venture between Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan Chase that looks to lower costs and improve health insurance is struggling to find the right individual to fill the corner office, according to a CNBC report. The joint venture began searching for a CEO after announcing its launch in January, according to the […]
Report: Amazon abandons drug distribution and supply plans
Amazon‘s (NSDQ:AMZN) Business division has dropped plans to sell and distribute pharmaceutical products to hospitals, according to a new report from CNBC. The shift comes due to the online mega-retailer being unable to convince large hospital groups to change their purchasing process and break existing deals and relationships with distributors, according to the report. Read […]
Amazon lures ex-FDA chief health informatics officer for healthcare skunkworks
Amazon (NSDQ:AMZN) is continuing to build its healthcare team, this time picking up former FDA chief health informatics officer Taha Kass-Hout, according to a report from CNBC. Kass-Hout is slated to take up a business development role with Amazon’s Grand Challenge team, a moonshot technology program similar to Google‘s (NSDQ:GOOG) Google X lab, according to the […]
Medtech’s existential crisis and how it can survive
Executives in medtech and other life sciences companies view digital health startups and high tech giants as an existential threat. To compete, they’re going to have to invest in or acquire customer engagement and personalization skills usually associated with online retailers and social networking sites, according to a new report out today from EY. The […]
Report: Amazon gearing up for entry into medical supplies biz
Amazon (NSDQ:AMZN) is looking to up the ante in its medical supplies business and turn the unit into a major supplier to US hospitals and clinics, according to a Wall Street Journal report. The online mega retailer has initiated a trial of a new system testing to see if it can use its Amazon Business site […]
Health insurance stocks slide on Amazon-Berkshire Hathaway-JPMorgan Chase non-profit self-insurance venture
Shares in major health insurers UnitedHealth and Anthem fell today after online retail giant Amazon (NSDQ:AMZN), major holding company Berkshire Hathaway and JPMorgan Chase announced a collaborative, independent non-profit looking to provide their employees with healthcare. The three companies said they will look to “bring their scale and complimentary expertise” to the long-term project, which will […]
CVS Health to buy Aetna in $69B merger
CVS Health (NYSE:CVS) plans to buy health insurer Aetna (NYSE:AET) in a $69 billion merger, according to a report from The New York Times. The deal comes as companies like Amazon (NSDQ:AMZN), which is reportedly trying to launch into the pharmacy business, are looking to change the way that consumers interact with the healthcare industry. Get the full story at our sister […]
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