The COVID-19 pandemic is not merely changing one aspect of the health system, such as a new discovery or approach to public health; the crisis is “editing the DNA” of health systems around the world by accelerating what we call the New Health Economy (NHE).
For five years, PwC’s Health Research Institute has been tracking the progress of this transformation which has largely been incremental. The novel coronavirus is rewriting the rules of the system so quickly that every health organization will have to adapt so it can emerge stronger in a post-pandemic New Health Economy.
The post-pandemic forces accelerating the New Health Economy
The elements of the NHE have been building toward a plug-and-play health ecosystem, but forces emanating from the pandemic have accelerated the transformation.