Benjamin Gordon Cambridge Capital: The changes in the healthcare sector in the post-pandemic scene

November 9, 2020

The recent virus outbreak has affected human lives, the world economy, and overall lifestyle,far beyond anyone’s imagination. It has shown how you can’t take anything for granted, not even the concept of certainty or security. Evidence of this is the uncertain future we are now faced with. Some fear what will happen in the case of a second wave of the pandemic. As far as the question of how America tackled this pandemic goes, you can find a bevy of mixed opinions. While there is ample room for improvement, the focus should be on making positive changes because of health crises that can emerge in the form of Covid-19 or something else entirely in upcoming days.

One of the pulmonary and critical care physicians said that coronavirus created tremendous pressure on the health and healthcare systems across the globe. Alternatively, it has also shown that there is a possibility to increase capacity. For this, capturing the right opportunities and making specific, critical changes in the healthcare sector are necessary steps. 

The main areas of improve for a better healthcare industry by Benjamin Gordon Cambridge Capital

Nationwide collaboration

In early April, New York saw an unusual spike in infection rates. The shortage of critical supplies, such as ventilators, was one of their main concerns. While a thousand deaths were occuring every day in NY from the 8th to the 14th of April, other states and particularly remote areas recorded death rates in only a single digit. In non-hotspot areas, ventilators were lying without a use while New Yorkwas in dire need. This was the same with other supplies as well. On top of everything, the mobilization of healthcare professionals was also a challenge.

 The healthcare industry has to wait for a coordinated federal effort to avoid such problems in the future. If this is achieved, issues like shortages of supplies can be avoidable, according toBenjamin Gordon Cambridge Capital.

Primary care

The primary care physicians tend to be the frontline of healthcare workers during a pandemic or any other health emergency. They ensure that patients don’t have to visit emergency rooms. A large number of them run small businesses that earn money through patient visit, but the pandemic has made it difficult for them to survive because of lockdowns and drops in attendance. The only way to protect this first line of defense is to address funding models. If this happens, the response system for future crises can be in a much better position.

Scientific research

Another domain that can benefit the healthcare industry in tackling any future pandemic is science. Covid-19 has demonstrated the level of uncertainty that can be thrown upon humankind and the entire eco-system. Science is the only way to help find answers. If proper investment goes into this field, it will become easier to address the fear and other negative emotions that occur from the pandemic. It can also speed up tests and treatments by analyzing the diseases.

Coronavirus has caught almost every industry off guard, not just healthcare. Disruptions can still occur even if this pandemic ends. It is essential to prepare for the future to avoid any catastrophic impacts. 

 

 

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