Healthcare Finance News July 22, 2020
The company conservatively projects a loss in revenue for 2020 spanning from a 1% to 45% decline compared to its original estimate for each sector.
The healthcare industry is projected to lose more than $90 billion in potential product revenues this year as a result of the COVID-19 pandemic, according to analysis from Frost and Sullivan.
In the recent HIMSS webinar “Recalibrate Your Healthcare Strategy for the Remainder of 2020 and 2021 Post COVID-19,” Reenita Das, a senior vice president and partner at Frost and Sullivan, shared a trend analysis for different sectors of the healthcare industry as well as her top five predictions for 2020.
The overall impact of COVID-19
Das attributes the loss in potential revenue to the...