Feature Stories

Combining local innovation & frugal engineering.

Building resilience to the next economic slowdown

02 - May - 2020

For hospitals, diagnostics centres, medtech players and allied industry, one virtually universal component of the COVID-19 crisis is the financial setback that has accompanied it. From smaller, regional and rural healthcare providers to the large multi-facility providers, every organisation is hit by this adversity. Whether it’s the high cost of treating COVID-19 patients, unplanned expenses for hard-to-find equipment or the collapse in elective and other non-COVID treatments and diagnostics or stumbling demand for high-end equipment, medical supplies and more – many healthcare organisations are increasingly feeling the financial distress.

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