Hospitals and doctors have seen significant portions of their revenue dry up as non-essential, elective procedures are appropriately halted amid the coronavirus pandemic. However, oftentimes elective procedures are sources of profit that help a hospital cover fixed costs, subsidize other unprofitable service lines and otherwise stay out of the red.
Fear not, demand for elective procedures is unlikely to disappear over the longer term. When the coronavirus pandemic is contained, plenty of patients will be looking to re-book or schedule their elective procedures.
However, in the near term, the disruption will be substantial. The longer hospitals have to defer revenue generating procedures, the more red ink they will face. These next few months are critical for a hospital or health system. A facility’s ability to manage through the pandemic will inform whether they are around to eventually deliver those non-essential services in the future and how quickly they can ramp back up and return to normal.
We have exciting news to share!
Carevoyance was selected as one of eight companies that will pitch our startup in the time it takes to ride up the Salesforce Tower elevator. Check out the announcement over on the Salesforce blog.
We'll be making our Ultimate Elevator Pitch in the Salesforce Tower! We are thrilled to be one of the eight semi-finalists in Dreampitch, presented by T-Mobile for Business
From the Ultimate Elevator Pitch, three startups will be selected to pitch on the Dreamforce stage. One winner will walk away with a $250,000 investment opportunity from Salesforce Ventures. Pitches will be filmed and streamed prior to Dreampitch, so be sure to follow our journey as we compete to pitch on stage at Dreamforce 2018!
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