JPMorgan Chase CEO Jamie Dimon drew some criticism after he offered a more detailed glimpse into a health care venture involving his company, Amazon and Berkshire Hathaway.
Several of the goals for the partnership, which it says wants to bolster the country’s health system, were laid out in an annual letter to shareholders. Some of the main issues spotlighted in the letter, according to Fierce Healthcare, were: poor outcomes, high administrative and fraud cost and a significant sum of health spending geared toward chronic care.
“While we don’t know the exact fix to this problem, we do know the process that will help us fix it,” Dimon wrote in the letter. “We need to form a bipartisan group of experts whose direct charge is to fix our healthcare system. I am convinced that this can be done, and if done properly, it will actually improve the outcomes and satisfaction of all American citizens.”