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Old 01-30-2018, 08:46 AM
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whell whell is offline
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Kill the Tapeworm

https://www.bloomberg.com/news/artic...pany-for-staff

Take Jeff Bezo’s nose for disruptive tech, and Warren Buffett’s business savvy and JP Morgan Chase’s cash reserves, and you get something that’s worth watching for sure. Not a lot of specifics at this point, but health care stocks are taking a hit this morning just due to the news release.

Three corporate giants are teaming up to combat what billionaire Warren Buffett calls a “hungry tapeworm” feasting on the U.S. economy: health care.
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Old 01-30-2018, 09:17 AM
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Leave it to three reasonable Democratic corporate titans to do what the GOP has shown itself incapable of doing.
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Old 01-30-2018, 10:54 AM
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The Big Pharma is also afraid of Amazon jumping into the prescription market. Interesting to watch how the FDA reacts to the lobbying efforts by well entrenched purveyors.
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Old 01-30-2018, 04:10 PM
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Good luck to these guys, I hope they really throw a wrench into the works with this.
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Old 01-30-2018, 04:45 PM
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Quote:
Originally Posted by CarlV View Post
Good luck to these guys, I hope they really throw a wrench into the works with this.
+1.

If the Dotard believes he is the greatest deal maker, he has not seen Bezos or Buffet in action. Those two joining in action is awesome news. Hope this works out.

From the little I have read, looks like Amazon will establish a healthcare marketplace. I am a Prime Member so will definitely get a few free trips to a doctor.
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Old 01-30-2018, 07:20 PM
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Alexa, find the best insurance plan for me.

Ok.

Alexa, renew my prescription.

Ok.
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Old 01-31-2018, 08:38 AM
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Originally Posted by finnbow View Post
Leave it to three reasonable Democratic corporate titans to do what the GOP has shown itself incapable of doing.
Yeah, 'cuz political parties naturally have the expertise and capital to create new for-profit enterprises and bring new products and technologies to market.

Geez Finn, you comment above might vie for top position as your most idiotic post ever.
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Old 01-31-2018, 08:50 AM
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Originally Posted by whell View Post
Yeah, 'cuz political parties naturally have the expertise and capital to create new for-profit enterprises and bring new products and technologies to market.

Geez Finn, you comment above might vie for top position as your most idiotic post ever.
It looks like you didn't read the article you linked to. Their proposal is for a non-profit health care company.

The three companies said they plan to set up a new independent company “that is free from profit-making incentives and constraints.”

You never let facts get in the way of a good argument.
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Old 01-31-2018, 08:51 AM
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Quote:
Originally Posted by CarlV View Post
Good luck to these guys, I hope they really throw a wrench into the works with this.
I agree with you, to the extent that if there's an industry right now that is absolutely an easy target for disruption, its the health care system. It is a delivery system that is set up for the benefit of itself with little regard for its customers, and spends a ton of money (that we ultimately all pay for) to protect that delivery system.

Can you imagine the health care industry being in favor of the following care delivery scenario?

The patient calls their doctor on the phone to discuss what feels like a case of the flu. The patient connects via Bluetooth a biometric device to their smart phone that can collect and send key health data to their doc. There are even methods that allow blood test results to be sent to docs via smartphones.

The great thing about the scenario above is that it doesn't require the sick patient to sit in a waiting room inside a multi-million dollar medical office edifice where the patient is as likely to spread disease as get cured of it. It doesn't require near the staff of capital expense to deliver care.

And, with Amazon set to potentially offer pharmaceuticals, imagine the doc in the scenario above sending a prescription order to Amazon and the patient gets their prescription delivered to their door via drone.

All of the above is possible right now with current technology. It just needs advocacy and capital investment to push it out broadly into the marketplace.
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Old 01-31-2018, 08:55 AM
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Quote:
Originally Posted by finnbow View Post
It looks like you didn't read the article you linked to. Their proposal is for a non-profit health care company.

The three companies said they plan to set up a new independent company “that is free from profit-making incentives and constraints.”

You never let facts get in the way of a good argument.
You never let being a turd get in the way of anything. For profit or not for profit companies is irrelevant in the case of your idiotic comment above. Neither is something that a political party would have any ability to undertake for purposes of pursuing technological innovations in the health care system.
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