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Amazon's Foray into Healthcare: A Game Changer?
In the ever-evolving landscape of healthcare, the name Amazon has become synonymous with disruption. As Shannon Jones emphasizes, the tech giant's impact extends beyond its traditional retail empire, and 2018 has proven to be a pivotal year.
Disrupting the Status Quo
This year, a significant development occurred when Amazon joined forces with Berkshire Hathaway, led by Warren Buffett, and JP Morgan to create a nonprofit entity aimed at transforming healthcare. The venture, which is yet to reveal many specifics, positions itself as a response to the soaring healthcare costs that Buffett aptly described as "a hungry tapeworm eating out the U.S. economy."