Consumers need a brand name they can trust in health care, says former AOL Chairman Steve Case and the entrepreneur has founded a company he hopes will fit that bill.
In an interview with Maria Bartiromo on “Squawk Box”, Case said his Revolution Health Group plans to “put consumers back at the center “ of health care by providing a wealth of services, including ratings on doctors and hospitals and a group of retail health clinics. Revolution has also launched a website.
In a bit of an understatement, Case said the U.S. health care system is “kind of screwed up.” He wants to “establish a trusted consumer brand” because people don’t trust their insurers or employers on the subject.
Revolution Health is “funding retail clinics “ with Wal-Mart and Walgreen, Case said, and has also done deals with the Mayo and Cleveland clinics.
Case, who is chairman of the company, says the goal is to help consumers use technology to access health care.
Asked if he planned to eventually take the company public, Case said that "makes sense.”
As for the controversial merger he forged between AOL and Time Warner in 200o and the ensuing decline of the company’s fortunes, Case said he’s “still proud of what we developed.”