What CVS Health CEO thinks about the Amazon, Berkshire-Hathaway, and JP Morgan Health Care Announcement?
Larry Merlo spoke about the upcoming collaboration between Amazon, Berkshire, and JP Morgan during a seventy minute conference call to discuss the company’s future. He touched on the fact the CVS has more experience on the health care field. They have a concrete infrastructure.
He said, “What that group aspires to is what we're going to deliver as part of the CVS-Aetna combination..Think about the fact that we have the infrastructure..We have the assets, we certainly have the health care expertise resident in both companies and we've demonstrated that we can execute on goals and objectives.”
“We want this new CVS-Aetna combination to be an open source model," Merlo added. "As we build out these capabilities . . . we can make them broadly available in the market. So we're looking forward to partnering with all groups of individuals, including this new combination of Berkshire, JPMorgan and Amazon.”
Like Amazon, Berkshire, and JP Morgan, Larry Merlo wants CVS to be a part of changing the cost and availability of health care.
These collaborations are proving that the health care system needs a change. There is a high demand for affordable, quality health care and these huge companies are here to start making this happen.
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