In the flurry of reports on health care mergers, acquisitions, and affiliations (MA&A), any news about failed ventures often goes under the radar. But last month, as I was reading about the failure of Haven—the much-publicized 2018 joint venture formed by Amazon, Berkshire Hathaway, and JPMorganChase—it seemed to me a classic case study of why many collaborations fail. Haven was formed by the three companies to “lower health care costs and improve outcomes” for their employees (see Amazon-Berkshire-JPMorgan Joint Venture, Haven Healthcare, Disbands). From the many media post-mortems on the closure, three reasons stood out to me. First was the absence of a…
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