Amazon-Berkshire-JPM health venture hires Jack Stoddard as COO
Amazon, Berkshire Hathaway and J.P. Morgan have discovered a chief operations officer to run their new well being enterprise.
The group has employed Jack Stoddard, most lately the overall supervisor for digital well being at Comcast. Beforehand, he was on the founding workforce of Accolade, a Comcast Ventures-backed start-up that helps employees handle their well being advantages. He was additionally a part of the chief workforce that created claims processing engine Optum, which was later acquired by UnitedHealth.
“We’re more than happy to welcome Jack Stoddard to our workforce. He’ll function the Chief Working Officer of the group going ahead,” stated a spokesperson.
Sources say that Stoddard’s first day is right now.
Creator and doctor Atul Gawande formally began as CEO of the still-unnamed enterprise in July, the place he kicked off the seek for a workforce. The objective of the group continues to be murky, however J.P. Morgan’s Jamie Dimon lately informed CNBC that the initiative will doubtless begin small, in the same method to Amazon’s small-scale operation throughout its first few years.
The group has beforehand stated it’s trying to deal with the issue of rising well being care prices for its mixed 1.2 million employees. Many employers are discovering that their prices are going up yearly, however well being outcomes are usually not enhancing.
Disclosure: Comcast owns NBCUniversal, the mum or dad firm of CNBC.
Supply hyperlink – https://www.cnbc.com/2018/09/04/amazon-berkshire-jpm-health-venture-hires-jack-stoddard-coo.html