Healthcare Industry Continues to Thrive Amidst Ongoing Pandemic

Ben H.

Ben H.

Jun 12, 20232 min read

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Healthcare Industry Continues to Thrive Amidst Ongoing Pandemic

The healthcare industry has been a bright spot in the economy throughout the COVID-19 pandemic, with two recent headlines showcasing its continued growth. Strive Health, a company focused on improving kidney care, recently received $166 million in funding from CVS Health Ventures and other investors. This influx of cash will allow Strive Health to expand its operations and improve the lives of more patients. Meanwhile, the Cleveland Clinic, a world-renowned healthcare provider, announced that it had returned to profitability in the first quarter of the year.

These two seemingly disparate stories actually have a lot in common. Both Strive Health and the Cleveland Clinic are dedicated to improving patient outcomes and providing high-quality care. The funding received by Strive Health will allow the company to continue pursuing its mission of improving kidney care, while the Cleveland Clinic's return to profitability will ensure that it can continue providing world-class care to patients in need.

Furthermore, both companies have shown resilience in the face of adversity. The COVID-19 pandemic has had a profound impact on the healthcare industry, with many providers struggling to stay afloat amidst declining revenues and increased expenses. However, both Strive Health and the Cleveland Clinic have weathered the storm and emerged stronger than ever. This is a testament to their commitment to providing essential healthcare services to their patients, no matter the circumstances.

As the pandemic continues to rage on, the healthcare industry will remain crucial to our collective well-being. Companies like Strive Health and the Cleveland Clinic will play an outsized role in ensuring that patients receive the care they need to recover from COVID-19 and other illnesses. With continued investment and support, these companies will be able to expand their operations and provide even more patients with the high-quality care they deserve.

In conclusion, the healthcare industry continues to thrive amidst the ongoing pandemic. Strive Health's recent funding and the Cleveland Clinic's return to profitability are just two examples of the industry's resilience and commitment to providing high-quality care to patients. As the pandemic continues, it is essential that we continue to support these companies and ensure that all patients have access to the care they need.

Resource:

  1. "Strive Health nabs $166M from CVS Health Ventures, others", https://www.modernhealthcare.com/digital-health/digital-health-cvs-health-ventures-strive-health-chris-riopelle (Glasp)
  2. "Cleveland Clinic returned to profitability in the first quarter", https://www.modernhealthcare.com/finance/cleveland-clinic-earnings-first-quarter-2023 (Glasp)

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