Amazon

The health venture established will take aim at intermediaries in the healthcare system as a part of a broad effort to reduce wasteful spending

The CEO of the Amazon-JPMC-Berkshire Hathaway aims to address the “tapeworm” eating the U.S. economy.

Atul Gawande receives high praise from industry professionals; however determining who will support his plans remains a mystery.

Atul Gawande, the surgeon and journalist who has written extensively about America’s failure to grapple with an inefficient healthcare system, has been named to head a new venture for Amazon, Berkshire Hathaway and JPMorgan Chase.

The healthcare venture between Berkshire Hathaway Inc., Amazon.com Inc. and JPMorgan Chase & Co. has picked the person who will lead the initiative.

But many advisers remain optimistic that the three-way partnership will succeed at restructuring healthcare costs.

A majority of employers and industry insiders surveyed by Venrock are worried the effort is going to “face substantial challenges and take lots of time.”

A majority of employers and industry insiders surveyed by Venrock are worried the effort is going to “face substantial challenges and take lots of time.”

Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.

Advisers take note: Industry expert Lindsay Resnick says runaway costs are driving employers of all stripes to reject the benefit market’s status quo.