Brian C Jensen the pandemic has tested the global healthcare industry. Although the frontlines and leaders are delivering relentlessly and heroically, the next step and normal for the sector will look totally different from what we have now. Most healthcare pioneers have shown resilience in dealing with this fast-paced solvency, liquidity, and economic safety/sustainability hiccups.
- So, the first phase is resolved. You need a herculean effort from care providers, manufacturers, payers, governments, and auxiliary stakeholders to measure the threat Covid 19 poses.
- Business leaders must determine the speed, scale, and intensity of action you need to address this humanitarian crisis.
- Doctor Jensen suggests that the virus’ economic impact on our livelihoods could be huge. Corporates need to design an industry fast succession of financial roadblocks.
- It’s very difficult for the business industry to return to operational structures to post the shutdown. Businesses must balance the quantum of reactive corporate systems with the focus on any relapse of the virus.
- A temporary shift in the expectation and shift of consumers, citizens, and employees will decide how you live and work, along with your use of technology.
- The healthcare industry needs to rethink its foundation and how it can deliver services, making it more flexible and productive.
- Lastly. Reformation is the key. There will be a radical change in the dynamics between government, people, and businesses.
Rise of online healthcare by Brian C Jensen
Both offline and online industry consultations can provide health management for malaises. Despite working from different locations, online stores use medical tools that syncopate with patient mobile phones via apps. It gives online physicians the bandwidth to monitor your blood pressure and heart rate.
- Dr Brian C Jensenmakes it clear how the new guidance seeks coordination between internet hospitals and provincial healthcare setups and administration on a direct online pathway through medical insurance.
- It also encourages extensive regulation and strict implementation of the guidelines.
- Accordingly, online drug sales and consultation will gain more prevalence and importance. Policy dynamics and tailwinds will determine this.
- Online pharmacy can be more helpful with enhanced accessibility and coverage.
- It helps build a fatigued medical system and the internet healthcare system can actually save exorbitant medical costs for the government.
- Online grocery is another crucial tool during this crisis. It’s related to the healthcare sector and needs to prep up its operations in a similar manner.
Brian C Jensen’s take on programmatic and definitive M&A
Considering the huge institutional investor-backed innovation market, technology, and uncertainty, programmatic M&A can build new business and corporate capabilities. Healthcare leaders can use it to develop novel business installations and revamp existing ones, instead of regular vertical or horizontal consolidation.
Healthcare reforms are paramount. With the 2020 presidential polls in hindsight, proposals will keep evolving. The perpetual ones can be guarantee issue sans medical underwriting, means-driven subsidies, catastrophic industry coverage for every citizen, and a proper care model for healthcare providers.
Additionally, numerous businesses are evaluating how employer-funded health benefits can cause more sensitivity to the affordability of their employees. The healthcare ecosystem is all set to brace these reforms.