Haven Disbands After Three Years

Haven, the joint venture formed by three powerhouse corporations to lower costs and improve outcomes in healthcare, has just announced that it is disbanding after just three years. Amazon, JPMorgan Chase, and Berkshire Hathaway formed this company with the goal of making improvements in America’s healthcare system. Haven’s 57 employees were informed that the company will be shut down by the end of February. Those 57 employees are expected to transition to work within one of the three parent companies following the dissolvement.
Haven was formed with the intention of tackling rising costs for employee healthcare. Although short-lived, Haven made strides in exploring a wide range of healthcare solutions during their collaboration, including such hot button topics as primary care access, healthcare literacy and transparency, and making prescription drugs more affordable. Through these learnings, we may continue to see collaboration between the three corporations on issues impacting the healthcare industry.
Hopefully, this is just the beginning of a systemic change in America’s healthcare. Haven modeled to other companies that affordable healthcare is an essential need and that leaders should be prioritizing the push to accomplish this goal.