When written in Chinese, the word "crisis" is composed of two characters-one represents danger, and the other represents opportunity. Same is true for current crisis as well.
No economy, industry or business spared from the consequences of the novel corona virus. Some industries affected more than others, and the impacts are on a large scale.
In a series of articles I am presenting my views on changes brought by coronavirus.
Let’s check impact on Health and pharma sector.
The Pandemic has transformed regular health visits into online checkups.
This allows patients to seek care from the best doctors in the country for primary and second opinions, not the doctor that has a clinic within driving distance.
Clinics are learning how to deliver care via technology that is more convenient and less expensive.
In the current pandemic, hospitals are focusing more on serving patients with emergency health needs or corona virus symptoms.
Health experts are writing about providing hospital care in the home.
With sophisticated remote monitoring devices connected to a smartphone or computer, they could conduct most routine exams virtually.Today, we can collect blood pressure and pulse ox readings, and other data to help the physician with making diagnoses.
Hospitals can reduce the cost of hospital care, increase patient satisfaction and reduce infections with care provided in a home or in an alternative setting.
As per EY’s bioscience report from Asia, 93% of the pharma companies in India were just beginning their journey in digitalisation.
COVID-19 has acted as a catalyst that has driven every company to find active ways to innovate and have interaction digitally.
In the world after COVID-19, hospitals can continue to focus on providing care trauma, complex procedures and surgeries. The hospital can focus on mastery of fewer services and offer less urgent care in alternative settings.
Thanks for reading guys...
A young writer...
In Part-2.3 we will discuss changes in Education sector.
If you liked this article check my previous article in this series.
Negative impact of coronavirus on Economy
Positive impact of coronavirus on Online streaming and OTT platforms.
A lot of changes indeed. The new normal, the hot PPE's we are wearing, the stay at home campaign it's a lot to bear for a lot of us, I hope not for long. Praying that all this will pass, soon.