“Each year there are over 34 million admissions across the more than 6,100 hospitals in the United States. Never before has this critical healthcare infrastructure been so needed, and yet, never before has it been under such duress.”

Flare Capital recently authored, in collaboration with Dr. Gary Gottlieb, an article emphasizing the importance of entrepreneurs understanding the compounding problems providers face with regard to financial hardships and staffing shortages. Providers already operate with the slimmest of profit margins - an innovation in the technical space should be specifically designed with this in mind - and with the goal of clinical and administrative burdens.

The article concludes: “There will be even greater financial pressures as more and more of the care provided will be paid for by government programs with lower reimbursement rates. Entrepreneurs and investors need to incorporate all this as they find those opportunities to lower costs and improve outcomes, but also to target hospitals that are viable longer term. It is a customer base under siege.”

Read more here. Learn how HURC provides tailored Solutions for providers today.