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Berkshire Hathaway

MedTech 100 roundup: Industry skyrockets as hot streak continues

January 11, 2021 By Sean Whooley

The medtech industry’s seemingly unstoppable rise over the past several weeks shows no signs of slowing down. For the fourth time in five weeks, and for the third consecutive week, the MassDevice MedTech 100 Index — which includes stocks of the world’s largest medical device companies — hit an all-time high. Previous highs have largely been […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Research & Development, Wall Street Beat Tagged With: Amazon, Berkshire Hathaway, CES, coronavirus, COVID-19, COVID-19 vaccine, Dentsply Sirona, Dept. of Health & Human Services (HHS), Dow Jones, Henry Schein Medical, Hologic, JP Morgan Chase, MedTech 100 Index, PerkinElmer Inc., S&P, Smith+Nephew, Stryker

BREAKING: Amazon, Berkshire, JPMorgan joint healthcare venture is ending

January 4, 2021 By Sean Whooley

Amazon (NSDQ:AMZN), Berkshire Hathaway and JPMorgan Chase announced today that they are ending their joint healthcare venture. The venture, launched in 2018 and known as “Haven,” aimed to bring the companies’ scale and complementary expertise to a long-term project which initially focused on technology solutions to help provide their U.S. employees and families with “high-quality and […]

Filed Under: Business/Financial News, Featured, Healthcare Reform Tagged With: Amazon, Berkshire Hathaway, haven, Insurance, JP Morgan Chase

‘Berkmorgazon’ health play Haven COO Stoddard steps away | Personnel Moves – May 17, 2019

May 17, 2019 By Fink Densford

Healthcare joint venture Haven, started by Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan, has lost its COO Jack Stoddard at just nine months post-hiring, according to a CNBC report. The former digital health general manager for Comcast told the news channel that he is departing the healthcare play due to personal reasons, including the distance between […]

Filed Under: Business/Financial News Tagged With: Amazon, avitamedical, Berkshire Hathaway, Boston Scientific, Cantel Medical Corp., Fresenius, gerresheimer, haven, JP Morgan Chase, oculartherapeutix, proteor, Pulmatrix Inc.

Ex-Optum VP defeats injunction bid in non-compete suit, moves to arbitration

February 25, 2019 By Fink Densford

A U.S. Federal Judge last Friday rejected a motion seeking to block a former Optum VP from joining the newly formed healthcare venture between Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan Chase, according to court documents. Optum, an IT-based health services unit of UnitedHealth Group, filed a suit against former VP David Smith last month accusing […]

Filed Under: Business/Financial News, Featured, Legal News Tagged With: Amazon, Berkshire Hathaway, JP Morgan Chase

UnitedHealth Group’s Optum sues VP who left for Amazon venture

January 24, 2019 By Chris Newmarker

UnitedHealth Group’s Optum IT-based health services unit has sued former VP David Smith, claiming that he misappropriated trade secrets before leaving to join a new healthcare venture supported by Amazon. Smith’s lawyers are seeking to move the case to arbitration. The complaint, filed Jan. 16 in U.S. District Court in Massachusetts, accuses Smith of printing out […]

Filed Under: Big Data, Business/Financial News, Digital Health, Featured, Health Information Technology, Legal News, News Well Tagged With: Amazon, Berkshire Hathaway, JP Morgan Chase, Optum, UnitedHealth Group

Gerresheimer taps Metzner as CFO | Personnel Moves – December 14, 2018

December 14, 2018 By Fink Densford

Gerresheimer said late last month that it tapped Dr. Bernd Metzner as its new chief financial officer, set to take position at the latest by July 1 next year. Prior to joining the Dusseldorf-based company, Metzner acted as CFO at Ströer, a position he took up in June 2014. He also held positions at Bayer […]

Filed Under: Business/Financial News Tagged With: Aethlon Medical Inc., Amazon, Bayer, Berkshire Hathaway, berkshiresterilemanufacturing, Common Sensing, Frazier Healthcare Ventures, gerresheimer, GI Dynamics, JP Morgan Chase, oculartherapeutix, Organovo, Personnel Moves

Amazon-Berkshire-JPM healthcare bet taps Comcast’s Stoddard for COO | Personnel Moves, Sept. 10, 2018

September 10, 2018 By Brad Perriello

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 […]

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Filed Under: Business/Financial News Tagged With: Amazon, Berkshire Hathaway, conformis, DarioHealth Corp, General Electric, gerresheimer, JP Morgan Chase, Lantheus, Personnel Moves, Philips, Phillips-Medisize, second-sight-medical, starkey

Dr. Gawande tapped to lead Amazon-JPM-Berkshire health play | Personnel Moves – June 21, 2018

June 21, 2018 By Fink Densford

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 […]

Filed Under: Business/Financial News Tagged With: AirXpanders, Amazon, Avantis Medical Systems Inc., Berkshire Hathaway, Boston Scientific, CHF Solutions Inc., Corindus Vascular Robotics, Haemonetics, Intuitive Surgical, IsoRay, JP Morgan Chase, medicen, Medtronic, Merz, MRI Interventions, Pivot Medical, Stimwave

Report: Amazon-Berkshire Hathaway-JPMorgan Chase health play struggles to find CEO

May 17, 2018 By Fink Densford

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 […]

Filed Under: Business/Financial News Tagged With: Amazon, Berkshire Hathaway, JP Morgan Chase

Health insurance stocks slide on Amazon-Berkshire Hathaway-JPMorgan Chase non-profit self-insurance venture

January 30, 2018 By Fink Densford

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 […]

Filed Under: Business/Financial News, Healthcare Reform, Wall Street Beat Tagged With: Amazon, Berkshire Hathaway, JP Morgan Chase

Democratic “buyers’ remorse” for health care law? | MassDevice.com On Call

April 20, 2012 By MassDevice staff Leave a Comment

MassDevice On Call

MASSDEVICE ON CALL — A growing number of Democrats are voicing concerns about President Barack Obama’s Affordable Care Act ahead of election season, Healthwatch reported.

Criticisms came from both houses of Congress, including Rep. Dennis Cardoza (D-Calif.), Rep. Brad Miller (D-N.C.), Rep. Barney Frank (D-Mass.), Sen. Jim Webb (D-Va.) who wondered whether the measures came too fast and too soon.

Filed Under: Healthcare Reform, Implants, News Well Tagged With: Baxter, Berkshire Hathaway, Clinical Trials, Knees, Mass. Institute of Technology, NexDocs Corp., On Call

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