Medical research panel ICMR releases new treatment standards for doctors
The Indian Council of Medical Research (ICMR) has launched 32 new Standard Treatment Workflows (STWs) to standardise treatment across various medical specialties. These guidelines help improve patient care and healthcare practices in India. Key Points
India TodayNeed to re-introduce Indian Medical Service to boost public healthcare sector, say experts
Shortcomings in healthcare infrastructure stem from inefficient bureaucratic management rather than lack of skills among healthcare professionals. Medical... Key Points
The Tribune IndiaPrivate hospitals say standardising rates will be catastrophic for sector
Private hospitals express apprehensions over Supreme Court intervention to curb charges. There is wide variation in treatment cost between government and private healthcare facilities. Association of healthcare Providers has raised concerns and urged Health Ministry to address the categorisation of establishments. Key Points
Economic TimesGPT healthcare shares list 16% higher than IPO price
At the time of writing, GPT healthcare shares were trading at Rs 204.05, up by 9.68 per cent from the issue price. Key Points
India TodayGPT healthcare to debut tomorrow. Here's what GMP indicates ahead of listing
The shares of GPT healthcare will debut on the exchanges on Thursday. Ahead of the listing, the company's shares are trading with a premium of Rs 17 in the unlisted market. Key Points
Economic Times
Kerala emerges as leader in healthcare talent migration to MENA countries
Kerala is the frontrunner in healthcare talent migration from India to the Middle East and North Africa (MENA) region, with a 3.3-fold increase in demand in the United Arab Emirates (UAE). MENA countries offer incentives and state-of-the-art healthcare infrastructure. Indian professionals meet rising talent demands, and the CEO emphasizes India's crucial role. Key Points
Economic Times“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of India5 best mutual funds in the pharma and healthcare sector; check full list
The Indian pharmaceutical sector holds significant growth potential, yet it is crucial to acknowledge the accompanying risks and uncertainties. Before making any commitments to invest in a pharma fund, thorough research is imperative. Key Points
mintSingapore fund to invest $750 million in health business
International Business News: Quadria Capital, a Singapore-based private equity firm, plans to invest $750 million in the health business sector. The investment will focus on the healthcare industry in south and southeast Asian countries, with a significant portion allocated for India. Key Points
Times Of India“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of India
Medi Assist healthcare IPO to open on January 15: From GMP to price band - here are top 10 things to know
Medi Assist healthcare IPO: Medi Assist healthcare IPO is a book built issue of ₹1,171.58 crore. The issue is entirely an offer for sale (OFS) of 2.8 crore shares. Key Points
mint“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of IndiaGeneral Atlantic to acquire a majority stake in Amar Ujala's healthcare chain for ₹1,600 crore
The deal is currently in documentation stage, and is expected to be finalised within the next few weeks. EY's investment banking arm is advising on the stake sale. Key Points
mint“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of IndiaMint healthcare Summit: Accessibility, affordability remain biggest hurdles for sector's growth
India has around 2.8 million hospital beds or around 1.7 beds per 1,000 people. Of these, less than 1% are accredited and less than 25% are of high quality, Aryaman Tandon of Praxis Global Alliance said. Key Points
mint
'Moon man' Mylswamy Annadurai on transforming healthcare through space technology
Mylswamy Annadurai, the 'Moon Man of India,' talks about integrating space technology into India's healthcare system. Drawing from his space expertise, Annadurai explores applications like remote surgeries and the role of artificial intelligence in the healthcare sector. Key Points
India TodayNFO Alert: Kotak Mahindra Mutual Fund launches Kotak healthcare Fund; all you need to know
Kotak Mahindra Mutual Fund announced the launch of the Kotak healthcare Fund. The scheme opened for public subscription on November 20, 2023, and will close on December 04, 2023. Key Points
mint3M names new healthcare spinoff as Solventum
U.S. industrial conglomerate 3M (MMM.N) said on Thursday its independent healthcare business would be called Solventum following its spinoff. Key Points
ReutersIndia's Max healthcare Institute reports 38% rise in Q2 pre-tax profit
India's Max healthcare Institute (MAXE.NS) on Monday reported a 38% rise in its second-quarter profit before tax, as it earned more revenue per bed. Key Points
ReutersBlue Jet healthcare shares list at 10% premium over issue price
The IPO of Blue Jet healthcare was booked nearly 8 times at close, led by healthy interest from NIIs and QIBs. The IPO was priced in the range of Rs 329-346. Blue Jet healthcare develops and supplies specialty pharmaceutical and healthcare ingredients and intermediates under a contract development and manufacturing organization (CDMO) business model. Key Points
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GE healthcare beats quarterly profit estimates on imaging device demand
GE healthcare Technologies Inc (GEHC.O) on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical devices. Key Points
Reuters“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of India“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of IndiaCVC may sell controlling stake in Indian hospital chain healthcare Global
Private equity firm CVC Capital Partners is reportedly considering selling its 60.4% stake in Indian cancer hospital chain healthcare Global Enterprises Ltd. The stake is valued at around $358 million. CVC may seek a premium of at least 20% for the shares, potentially even up to 50%, depending on market conditions. The rising demand for private medical services in Asia has increased deal activity in the healthcare sector. healthcare Global owns 24 cancer centers across India and serves over 200,000 patients annually. Key Points
Economic TimesLooking for a healthy portfolio amid volatility? 8 stocks from hospital space with upside scope of up to 2
One sector which has performed extremely well in the last two years has been hospital space. If one looks at the post listing performance of the IPOs which have come from this space, it is clear that both domestic and institutional investors are ready to pay a premium to have these stocks in their portfolio. The reason healthcare companies are bound to see growth, because average spend on healthcare will increase due to expansion of insurance and spending by the government. Key Points
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Wall St Week Ahead As earnings loom, investors weigh recession resilience
As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground regardless of whether the U.S. economy falls into recession this year. Key Points
ReutersData, AI in healthcare can add $25-30 b to India’s GDP by 2025: Nasscom
The healthcare ecosystem in India is going through a dynamic phase with digital transformation at its core. IT industry body Nasscoms analysis reveals that data, and Artificial Intelligence (AI) in healthcare have the potential to add $25-30 billion to Indias GDP by 2025, according to a release. Key Points
Economic TimesHospital stocks with stellar returns give booster shot to healthcare index
The stocks that gave maximum returns during this period were Artemis Medicare (476%), followed by Apollo (270%), and Narayana Hrudayalaya (259%). Among the hospitals stocks listed on the BSE, Apollo Hospitals, Narayana Health, Max healthcare & Global Health hit 52-week-highs on Thursday. Key Points
FinancialexpressHow AI can help India's healthcare system in cybersecurity? Experts say this
The Indian healthcare industry has faced 1.9 million cyberattacks in 2022 and experts are calling for stronger cybersecurity infrastructure, with artificial intelligence (AI) recommended as a solution. Key Points
mint“For us, healthcare is a combination of cure, and care with high tech and high touch”
India Business News: In an interview, Dr.Santy Sajan, Group COO of Paras Health, talks about lessons from the pandemic, the future of the company, and touchpoints of the healthcare industry in India. Key Points
Times Of India
India has made significant progress in increasing access to vaccines in recent years: Vivek Sehgal, DG, OPPI
Immunisation currently prevents 3.5-5 million deaths every year from diseases like diphtheria, tetanus, pertussis, influenza and measles, as per WHO data. Key Points
FinancialexpressWe are planning to acquire few hospitals in current financial year: Dr. Raajiv Singhal, MD, Marengo Asia Hospitals
Dr. Singhal also highlighted the importance of AI in healthcare and how it can help in improving patient care. Key Points
FinancialexpressA 'chronic-illness résumé' helped me get better healthcare after 10 years without progress. Here's how I made one.
I grew frustrated when my blood sugar kept rising. I made a document detailing my medical history for my doctor, and it changed everything. Key Points
InsiderRole of AI in the future of healthcare
The health AI market size has grown vastly from $600 million in 2014 to $6.6 billion in 2021. Key Points
FinancialexpressLet's bring back our friendly local GPs
Dealing with zoonotic (animal-to-human) diseases will require people to behave more responsibly, adhering to mask-wearing, washing hands and isolating when sick. To ensure clean surroundings, individuals, local authorities and governments must work together. The most critical intervention is restoring GPs to their rightful place in the healthcare system. Key Points
The Economic Times
GPT healthcare IPO: Subscribe or skip?
As of the most recent update, the company's IPO has garnered a lukewarm response from investors, with subscription rates amounting to just 0.18 times the total offering. Key Points
India TodayBlue Jet healthcare makes strong debut on D-Street, lists at nearly 10% premium
Blue Jet healthcare IPO listing: On the National Stock Exchange (NSE), the initial share price for Blue Jet healthcare was set at Rs 380 per share, which was 9.8 per cent higher than the issue price of Rs 346. Key Points
India TodayEskag Pharma: Empowering the Common Man with Affordable Healthcare
Eskag Pharma Pvt. Ltd. stays committed to its mission of providing high-quality yet affordable healthcare solutions to the general public in India Key Points
Hindustan TimesGurugram-based Artemis Hospital plans to increase capacity to 800 beds this fiscal
Gurugram, Dec 2 (PTI) Multi-speciality healthcare services provider Artemis Hospital plans to increase its capacity to 800 beds by the end of the current financial year, its top official said on Saturday. The Gurugram-based healthcare services provider has more than 500 beds capacity at present. “We are aiming to become a multi-facility, around 800-bedded hospital […] Key Points
ThePrintEntero healthcare Solutions IPO to debut on the bourses tomorrow; here's what GMP signals ahead of listing
Entero healthcare Solutions IPO opened for subscription on February 9 and closed on February 13, raising ₹716 crore from 25 anchor investors. Entero healthcare Solutions IPO listing date is set for February 16, with the IPO allotment process finalised on February 14. Key Points
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Morgan Stanley hires healthcare services banker Cohen from Truist
Morgan Stanley (MS.N) has hired veteran investment banker Daniel Cohen from Truist Financial Corp (TFC.N), where he was the head of the firm's healthcare services advisory business, a person familiar with the matter said on Wednesday. Key Points
ReutersGPT healthcare IPO Day 3: Check subscription details, GMP
GPT healthcare IPO: As of 5 pm, the GPT healthcare IPO was subscribed 8.52 times, with QIBs subscribing 17.30 times their quota, while NII portion was subscribed over 11 times. Key Points
India Today