Healthcare firms are grappling with financial stress, due to a significant decline in its revenue along with a flat to rising expense, resulting in a fall in the margins. More hospitals are cancelling profitable elective surgeries to make way for costly COVID-19 patients as they manage higher staffing and supply costs. Supply chains have been disrupted leading to acute shortage of materials such as masks/ventilators/drugs etc. Another major challenge for the sector remains the potential mental health crisis facing healthcare workers on the frontlines of this pandemic.
In the face of such tumultuous circumstances, Groundwork Intel can help companies in the sector gain an edge by equipping them with timely, actionable business intelligence solutions.