Since launching roughy a year ago, the health venture created by Amazon, Berkshire Hathaway and JPMorgan Chase has added another executive to its leadership team and revealed some significant details about its mission, CNBC reports.
The venture, called Haven, recently hired Sandhya Rao, MD, senior medical director for Partners Population Health, to run clinical strategy for the organization, according an email obtained by CNBC.
A Haven spokesperson confirmed Dr. Rao's hire to CNBC and said her official title will be vice president of clinical strategy.
Trevor Price, founder and CEO of health technology recruiting firm Oxeon Partners, told the publication that based on those on Haven's leadership team, the organization is likely looking to build a risk-based clinically integrated network. The company will likely first build a curated network of physicians by analyzing data on costs, performance and other factors, and then build trust with the three organizations' 1.2 million employees and direct them to the appropriate type of care.
Mr. Price also suggested that Haven may try to contract directly with hospitals and clinics and pay them based on the quality of care they provide, according to the report.
Atul Gawande, MD, CEO of the venture, wrote in a statement on the company's website that Haven will act as an "ally" and "partner" to all stakeholders in the industry. He said he has also met with employees from all three organizations to hear about their healthcare experiences.
CNBC reports that even if Haven does not greatly influence on healthcare, the company's founding and mission to lower costs still represent a break from the status quo.
"These execs have influence in the market by standing up and talking about inefficiency and cost," a managing director who specializes in health at private equity firm New Mountain Capital, told CNBC.
To access the full report, click here.