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#Jim fink investing daily personal finance scam
mainstweets · 2 years
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Jim fink investing daily personal finance scam
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Compelled by the narrowing or outright shutdown of traditional care channels, MedTech companies have explored new approaches to delivering care outside their legacy operating models, reaching into patients’ homes to deliver therapeutics, diagnostics, and other tools for remote care. One of the key legacies of COVID‐19 in MedTech is the industry‐wide shift towards seeking new ways to connect with patients. Improving environmental, social and governance (ESG) measures.Validating the resilience and agility of their supply chains for the future.Pushing for regulatory reform to support the industry’s ongoing evolution.Leveraging data and digital technologies to make products smarter and better connected.Putting “the human at the center” to make care more accessible, convenient and customer-centered.In all, we identify five key areas where MedTechs should focus on rethinking their business models to deliver care better in the future: We believe that this shift in care delivery is long overdue, and MedTechs should now prioritize locking in and building on the transformation that the crisis has accelerated. To take one example, COVID-19 has pushed health care outside its standard delivery channels, with providers and patients seeking to move away from traditional clinic and hospital settings and towards the home or telehealth settings. The pandemic has shifted health care’s center of gravity in fundamental ways, to which the industry must now respond. However, the more significant long-term impact of the pandemic may be its effect on the industry’s business models. The crisis has not significantly slowed MedTech’s commercial progress - but could it have accelerated the industry’s evolution?Ī few companies made significant gains from product lines relevant to COVID-19, from PPE to diagnostics. MedTech’s strong fundamentals are reflected in investor sentiment for the industry: market capitalization has strongly rebounded since the global dip of March 2020 (outpacing big pharma and the broader indices) driven by the very strong performance of MedTech’s emerging leaders. MedTech’s emerging leaders (companies with annual revenues below US$500 million) saw a 128% rise in public valuations between January 2020 and August 2021. Indeed, 94% of the commercial leaders and conglomerates that reported their first-half financials for 2021 have improved their revenues compared to 2020. Notwithstanding further disruption from the Delta variant in the US and other geographies, companies reliant on elective procedures seem set for accelerated growth as surgeries and other elective procedures get back on track. While some MedTechs, particularly those reliant on elective procedures that were deferred as the crisis broke, took a hit during the pandemic, even these companies witnessed a resurgence from the second half of 2020 onwards as procedures resumed. Over the course of 2020, the industry’s revenues grew for the fourth consecutive year (+6.3%), with the non-imaging-diagnostics segment recording a particularly impressive 24% annual growth rate largely from pandemic-related demand. Now, just over 18 months after the World Health Organization declared COVID-19 a pandemic and the United States declared it a National Emergency, the data show that MedTech has weathered the global operational disruption and entered a period of recovery and renewal. Last year we reported on MedTech’s heroic efforts on the frontline of the pandemic, supplying ventilators, diagnostic equipment and personal protective equipment (PPE) to health care systems plunged into a worldwide crisis. The 15th annual Pulse of the industry report finds the medical technology industry in a position of strength.
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