Atul Gawande Will Lead a Billionaire-Backed Health Care Company in Boston

Warren Buffett Jamie Dimon and Jeff Bezos are among the CEOs thinking of new ways to curb healthcare costs

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. (AMZN) announced plans to team up for a partnership meant to reduce the rising cost of health care for employees.

"I have devoted my public health career to building scalable solutions for better health care delivery that are saving lives, reducing suffering, and eliminating wasteful spending both in the USA and across the world", Gawande said in a statement.

Gawande, 52, rose to prominence among healthcare policy experts with a 2009 New Yorker article, The Cost Conundrum, that examined why health care was vastly more expensive in some parts of the USA than others, despite little difference in the sickness or health of people getting it. He will take charge on July 9. Many other innovators have sought to find solutions to health care costs in the past but have run head-on into the complexity of the system.

The venture will be geared toward employees of the three companies, rather than healthcare consumers overall in the U.S., though Dimon said that potentially, all Americans could benefit. His company will be based in Boston. It will be an "independent entity that is free from profit-making incentives and constraints", the group said in the statement.

The healthcare venture JPMorgan, Amazon and Berkshire Hathaway announced back in January finally has a CEO.

More news: New Study Reveals That Marriage is Good For Your Heart

In an investor meeting on June 1, Dimon pointed to fraud, administrative costs, and chronic care costs related to smoking and obesity. He also singled out end of life costs as being very expensive.

This is an area of expertise for Gawande.

Gawande wrote a 2009 book, "The Checklist Manifesto", that made the case that if hospitals were to increase their use of simple checklists before complex procedures, it would save numerous lives - in much the same way that pilot checklists have made commercial aviation safer. He is also well known for his books and writing in the New Yorker about the USA health-care system.

In both his writing and his speaking appearances, Gawande has been outspoken about topics such as wasteful healthcare spending, unnecessary care amping up costs and the slow pace of innovation in healthcare. Last month, he said the goal is to challenge the entire healthcare industry, not individual segments.

Related News:

Most liked

Fernando Alonso wins Le Mans 24 on debut with Toyota
Here we were leading the race and I was anxious about missing the opportunity again but here we achieved it. The McLaren F1 Team enter Formula 1's triple-header after two points-free weekends.

Ariana Grande engagement is true says Saturday Night Live star Pete Davidson
Pete Davidson officially confirmed his engagement to pop superstar Ariana Grande . Davidson had also recently broken up with Larry David's daughter Cazzie.

Fortnite update 4.4 is now available on Switch
The final circle triggers a countdown timer; when the time is up, the team with the most players remaining wins. Teams of 20, the Storm Circles give you more room to fight, with the Storm stopping after the third circle.

Phillies fan injured after being shot by Phillie Phanatic’s hot dog cannon
She does not plan to bring any legal action, unlike a Royals fan who sued that team over a similar incident in 2009. McVay is aware of the absurdity of the source of her injury, and she understands if others might giggle too.

Israel arrests ex-minister suspected of spying for Iran
He served jail time on 2005 convictions of forgery and attempted drug smuggling and was released in 2007, YNet News reported . According to the newspaper, Segeju was charged with espionage and collaboration with the enemy in time of war.

Wawrinka eases to opening win at Queen's
The top seed, runner-up in 2017, got off to a winning start after beating Spaniard Fernando Verdasco 6-3 6-4 at Queen's Club. I can see it, week after week, always something better and better. "It's just good to see him back ultimately".

Nigeria, S-Arabia, others disagree over oil supply
Saudi Energy Minister Khalid Al Falih, asked whether he expected an easy meeting on Friday, said: "We will find out". OPEC will discuss possible changes to the supply-cut deal in the Austrian capital later this week.

Brawl breaks out between parents at softball tournament in Tennessee
A brawl between parents erupted at a youth softball game with half a dozen adults throwing punches and rolling around on the ground.

Microsoft Acquires Flipgrid Education-Centric Social Video Platform
Flipgrid is now priced at $65 per educator per year, $800 per year for a district and $1,000 per year for a school. Editor's Note: This article has been updated with additional comments from a Microsoft vice president.

Ant McPartlin's estranged wife's 'heartbreak' as TV star reportedly finds new love
Ant McPartlin was fined £86,000 and banned from driving for 20 months after pleading guilty to drink-driving back in April . A spokesman for Ant declined to comment when approached by The Sun .

Everyone was pretty disgusted with Adam's behaviour on 'Love Island' last night
The personal trainer has been heavily criticised online since Tuesday night's episode of the ITV reality show. Obviously it's not nice to see a girl cry, whoever it is about anything. "That's what pushed me away".

Schmeichel praises Spain’s patience in breaking down defensive Iran (VIDEO) RT Exclusive
They must now go on to beat Portugal in their final game to be in with a chance of progressing from Group B . When the first half ended, Spain had 73% of the possession and completed four times as many passes as Iran .

Meghan Markle Breaks Another Tradition at Royal Ascot
Although bookies predicted the Queen would wear a blue hat for day one, she came dressed in yellow, offset by a light blue flower. Why? Well like most things royal, it all comes down to history.

Vigils to be held for slain Vic comedian
Police say paint markings were found at the site of the memorial in Princes Park in Carlton during routine patrols about 3.50am on Monday.

Microsoft News aims to take on Apple News and Google News
As for, the company has chosen to retain its existing branding, though the site will be shown as being "powered by Microsoft News".