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by Chris Evanguelidi, Director, Enterprise Healthcare Market for Redpoint Global Inc.
Chris Evanguelidi, Director, Enterprise Healthcare Market for Redpoint Global Inc.
Researchers from Johns Hopkins published a study in October on the impact of the pandemic on health care delivery. Among its findings, the data show a 21.4% decrease in primary care visits in Q2 of 2020, compared against the average volume of Q2 visits for the previous two years. By contrast, there was a sharp increase in telehealth engagements, accounting for 35.3% of all provider visits in Q2 this year, compared with 4.1% in Q1 and 1.1% in 2018-2019.
Despite the shifts in healthcare delivery, data also suggest significant reductions in care assessment. For example, findings include a 50% quarter-over-quarter decrease in blood pressure assessments and a 37% decrease in cholesterol assessments.
Definitive Healthcare, a fast-growing Framingham healthcare data and analytics firm, has signed a lease for 56,000 square feet of additional office space it s now renovating.
The new office at 492 Old Connecticut Path in Framingham is a short distance from its current location at 550 Cochituate Road, where it will keep a presence.
Definitive Healthcare is renovating the space in its new building with plans to have it ready this summer once it s safer for employees to be back in the office in regards to the coronavirus pandemic. The company has about 500 employees now, with plans to hire about 100 more this year across all functions, according to Justin Steinman, the company s chief marketing officer.
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In a Healthcare Crisis of this Magnitude, the World Scrambles to Add Hospital Beds. Market to Reach $5.2 Billion by the Year 2027
With the global contagion exerting immense pressure on healthcare systems, hospital beds have become the most coveted commodity along with ventilators and personal protective equipment like face masks, protective gowns & gloves. As the second wave of daily infections continue to rise and create demand for isolation wards and ICU care, a massive upward revision of demand for hospital beds is inevitable. Against this backdrop, the global market is projected to reach US$5.2 billion by the year 2027, trailing a post COVID-19 CAGR of 3.8% over the analysis period 2020 through 2027.