ABC, the healthcare-focused partnership between Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., is struggling to find a CEO, CNBC reported May 16.
The Bezos-Buffett-Dimon joint venture was announced in January with an aim to cut the costs of healthcare and is structured as an entity "free from profit-making incentives and constraints," according to the report.
However, after four months, the group has yet to find a CEO, according to the report. The group is now looking for an entrepreneur after initially interviewing healthcare executives, which included former Aetna Inc. executive Gary Loveman and ex-Medicare chief Andy Slavitt, CNBC said, citing people with knowledge of the matter.
According to the report, the most recent name to be linked with the technology-focused healthcare venture is Owen Tripp, CEO of Grand Rounds Health, a provider of second medical opinion services. However, Tripp has denied those reports, the report added.