AMP LIVE: BHTA boss reflects on where the market is headed

In Episode 3 of AMP Live, the BHTA’s Dr Simon Festing reflects on what the coronavirus has meant for the healthcare trade in the UK.

Festing gives an insight into the frustrations around the lockdown coming so soon after assuming the role and how his previous career experience sets him up for the role.

Commenting on what he thinks the pandemic has done to the industry moving forward, Festing explained: “I have to be frank, these are very troubling times for many of our members and broadly for the sectors in which they operate.

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“Not only have we had this very disruptive lockdown, we’re now facing that what is clearly a big financial recession and we have the added potential instability of Brexit on the horizon where the talks are, at the moment, quite fraught and that’s just the obvious things.”

Adding: “Other challenges that will face our sector will be the continuing shortfall in footfall in retail areas and what that means for their retail sales. We are going to see almost certainly accelerating changes in NHS procurement, we’re going to see problems in financial viability of care homes, so there are all sorts of difficulties and challenges which face our members and the sector as a whole.”

Catch up on the AMP LIVE series here:

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Alex Douglas

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