Max Nisen, Columnist

Warren Buffett's Health-Care Goals Are Easier Set Than Met

Controlling costs and improving quality are often conflicting aims.

February 26, 2018 at 6:42 PM UTC

Max Nisen is a healthcare analyst at Bloomberg Intelligence. He previously wrote for Bloomberg Opinion, Quartz and Business Insider.

1519670692_GettyImages-77914966 — Photographer: Alex Wong/Getty Images

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The health-care industry may hope a joint venture on its turf by Amazon.com Inc., Berkshire Hathaway Inc., and JPMorgan Chase & Co. (ABC from now on) might be happy just rolling out an app and driving better deals with third-party vendors.

But that's wishful thinking, according to Warren Buffett. The Berkshire CEO said in an interview Monday that ABC is looking for "something much bigger than that."