COVID-19 WILL CAUSE A PARADIGM SHIFT IN HOW MEDTECH COMPANIES INTERACT WITH PROVIDERS (MedGadget)
Survey Results from Medtech Executives
By: Liv Williamsen & Jennifer Fried, CEO, ExplORer Surgical
Uncertainty begets innovation, and we are living in the most uncertain times in healthcare.
During the COVID-19 crisis hospitals stopped elective procedures causing significant financial strain on the healthcare ecosystem. As the pandemic spreads, the human cost grows. The healthcare industry is racing to respond and manage critical business issues caused by the crisis. Even as restrictions are loosening, hospitals are finding that patients aren’t necessarily banging on the door to get surgery or see a care provider. “A recent Needham survey showed about a third of respondents said they would be fine with having an elective procedure this quarter, but 26% would not until next year at the earliest.” One thing is certain, the healthcare ecosystem will never be the same. However, what it will look like no one yet knows.
(U.S. Navy photo by Mass Communication Specialist 2nd Class Sara Eshleman)
Bottom line: Healthcare provide...
