Talk:Haven Healthcare

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What a mess

This entry looks as if somebody was reading investor magazines over a couple of years, and kept a diary of buzzwords and platitudes, which they copied here. "The entity's stated goals were to improve healthcare services and lower costs for the three companies' employees, while making primary care easier to access, making prescription drugs more affordable and rendering insurance benefits easier to understand." Boy, what an original idea. It failed because of inexperienced management and competition. Gee, didn't Atul Gawande have enough experience? Gee, Gawande left in 2020. I wonder why?

Here's an interesting explanation. It's the summary of that HBR Toussaint article:

Summary. When Amazon, Berkshire Hathaway, and JPMorgan Chase joined forces in early 2018 to form a new venture, their goal was to use their U.S employee base of 1.2 million people, tech savvy, and wealth to transform U.S. health care. They failed for three main reasons: inadequate market power, the perverse incentives of the U.S. health care system, and the pandemic. The only way forward is the federal government introducing the so-called “public option” that is based on Medicare Advantage plans.

That kind of sums it up, doesn't it? And the unexpected suggestion is that these innovative hi-tech employers with their disruptive free-market solutions can't do it, and you have to fall back on the government system. There's also a similar HBR article by David Blumenthal, "Employers can't fix U.S. health care alone," and also a good article by Blumenthal in this week's New England Journal of Medicine, which is why I was looking this stuff up. I'll come back to edit this entry after I finish those articles.

The main point I'm making is that most of the guys who write for Forbes CNBC, etc. may sound like they know what they're talking about, but actually they're just copying press releases and (at best) getting safe quotes from executives with buzzwords and platitudes. They're writing mostly for investors who want to find out what happened yesterday, like a soap opera for businesses. There are a couple of magazines like HBR and NEJM that understand what's going on in these enterprises, why they succeed or fail, and what lessons we can learn. Just quote HBR or a similar insightful publication, and throw out all that garbage about the CEOs cycling in and out "to be closer to his family." Nbauman (talk) 07:59, 14 December 2023 (UTC)[reply]