It's been 2 months Google was released an update named as 'Medic Update', knowing interesting information regarding this from various industry professionals and official sources. If you were badly impacted by this latest Google's update, you should be aware of this update. Google focused on medial sites this time and they rolled out complete action on these sites. Though there is options to recover from effect, you can still improve your site's experience and make your content rich. Google calling this update is 'a broader update' so those who got effected by this they need to focus on improving their content.
Google stated that "There’s no “fix” for pages that may perform less well other than to remain focused on building great content. Over time, it may be that your content may rise relative to other pages."