Dr. Apple to the rescue. 

Apple Inc. (AAPL) is gearing up to launch health clinics for its employees and their families, CNBC reported on Tuesday, Feb. 27.

The launch of the clinics, dubbed AC Wellness, reportedly is set for the spring. An Apple representative could not immediately be reached for comment.

Apple shares in early trading Tuesday were up 0.2% to $179.30.

The news came after Amazon.com Inc. (AMZN) , Berkshire Hathaway Inc. (BRK.A) and JPMorgan Chase & Co. (JPM) unveiled a joint healthcare initiative in January.

"At this point efforts by Apple and also Amazon to address the notoriously difficult problem of healthcare costs are still in the very early and experimental stages but continue to bear watching for potential long-term disruption to traditional industry players," Evercore ISI analyst Michael Newshel wrote in a note on Tuesday.

AC Wellness, according to its website, is an "independent medical practice dedicated to delivering compassionate, effective healthcare to the Apple employee population."

Initially, the medical practice only will be geared toward employees in California's Santa Clara County, home of Cupertino-based Apple, CNBC reported.

The AC Wellness website has listings for jobs including primary care physician, acute care physician, medical assistant and nurse practitioner.

Amazon, Berkshire and JPMorgan announced Jan. 30 that they had banded together to improve healthcare for their U.S. employees. The trio said in the statement that they planned to form an independent company "free from profit-making incentives and constraints" and would focus initially on technology that would give employees and their families "simplified, high-quality and transparent healthcare at a reasonable cost."

Apple, Amazon and JPMorgan are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer and the AAP team buy or sell AAPL, AMZN and JPM? Learn more now.

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