Healthcare Services

Access Healthcare is led by entrepreneur, venture capitalist, Texas Super Kings cricket team backer and philanthropist Anurag Jain, who serves as the Chairman and CEO

MeraDoc, MakeMyTrip partner to offer real-time medical services across India

With this alliance, Meradoc's digital-health platform and its services will now become available 24x7 on a real-time basis to MakeMyTrip customers across India, the company said in a statement.

Chart of the Day: Healthcare sector on an adrenaline rush

Healthcare delivery services are expected to grow more rapidly in the years ahead

Soft summer season hits healthcare service providers

Fortis and Max Institute reported subdued sequential revenue growth in the June 2023 quarter

Healthcare sector on robust growth path; here's why

Demand for wellness, better health awareness and greater access to medical facilities will drive the growth of all players in the healthcare industry and associated sectors.

Max, Fortis set for robust earnings growth on new CGHS rates: Jefferies

According to the global brokerage, both hospitals get a substantial portion of their sales from patients covered by the subsidised treatment scheme

Gujarat gets USD 350 mn loan from World Bank for augmenting healthcare services

The funding will come from World Bank arm International Bank of Reconstruction and Development (IBRD), carrying a maturity of 18 years including a grace period of 5.5 years.

Apollo Hospitals | Digitalisation is future engine of growth, prepared to deal with losses: Suneeta Reddy

Although the Apollo digital business reported a big EBIT loss of Rs 140 crore, the MD of the company reposed faith in digitalisation being the main driver of growth and revenue in the future.

Budget 2022| Rs 4,177 crore push for district health infrastructure

Budget 2022: The health budget for 2022-23 is being termed as a damp squib by many due to lack of any major initiatives or plan for the sector but a push on infrastructure at the district level has come as a pleasant surprise.

Healthcare needs to break the English language barrier to be accessible: Manuj Garg of myUpchar

Manuj Garg, Co-founder at myUpchar has been on a mission to make healthcare consultation available to people in the language of their own.

Narayana Hrudayalaya Q2 PAT seen up 192.8% YoY to Rs. 39.8 cr: Kotak

Net Sales are expected to increase by 14.2 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 812.2 crore, according to Kotak.

Dr Lal Pathlabs Q2 PAT seen up 48.8% YoY to Rs. 84.8 cr: Kotak

Net Sales are expected to increase by 14.8 percent Y-o-Y (up 8.7 percent Q-o-Q) to Rs. 364.5 crore, according to Kotak.

Aster DM Healthcare Q2 PAT may dip 56.6% YoY to Rs. 4.8 cr: Kotak

Net Sales are expected to increase by 12.4 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 2,064 crore, according to Kotak.

Apollo Hospitals Q2 PAT seen up 111.5% YoY to Rs. 130.9 cr: Kotak

Net Sales are expected to increase by 16.1 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 2,787.1 crore, according to Kotak.

World Bank inks $100 mn healthcare deal for Uttarakhand

Most public health facilities in the middle and upper mountainous areas of Uttarakhand are unable to functional optimally or at the required level of quality, because of large-scale vacancies of health staff, as deployment and retention in such geographically remote areas has proven to be extremely difficult, the World Bank said in a statement.

NE India's first home-based health care service launched

As a part of the initiative, doctors and nurses will be available on call 24x7 to respond to any urgent healthcare need along with physios, dieticians and paramedics, Homelth founder and CEO Dr Simanta Sharma said.

Healthcare sector demands exemption from GST

In its pre-budget recommendations, Healthcare Federation of India (Nathealth) said exemption from GST will help in achieving the goal of universal healthcare coverage.

Apollo Hospitals Q2 net up 3% at Rs 92 cr

The company had posted a net profit of Rs 89.55 crore for the corresponding period of the previous fiscal, Apollo Hospitals Enterprise said in a filing to BSE.

Narayana Hrudayalaya IPO opens: Expensive but subscribe

ICICIdirect.com advises to subscribe stating though it thinks valuation is a tad expensive, it is in line with the recent deals in the healthcare industry. It says that Narayana's calibrated model for establishing and expanding its hospitals has allowed it to achieve a more efficient use of capital than many of its peers.

Narayana Hrudayalaya to hit mkt on Thurs with Rs 613cr IPO

JP Morgan Mauritius, Ashoka Investment Holdings and Ambadevi Mauritius Holding are other investors who would be offering shares in the IPO. Post-IPO, promoters will hold 65 percent stake in the company.

SRS Group plans to open around 300 stores in next 5-7 yrs

SRS Health, the business vertical of SRS Group, plans to open around 25-30 outlets to start off with, in the next 3-4 months, in the Delhi-NCR region. The medicine stores would be opened under the 'SRS Pharmacy' brand.

Public, Pvt sectors must unite for univ healthcare: Gogoi

Emphasising on the pressing need for good para-medics to strengthen medical services, Assam Chief Minister Tarun Gogoi said the rural health practitioners created by the state government have been doing a good job.

Need to work on PPP model to improve health care: JP Nadda

Calling for overall improvement in teaching and training of doctors as well as para-medics, he said there is a huge scope for participation of private players in the health sector and government would welcome PPP projects.

India's IT plans suffer from power, congestion and monkeys

The clash between the old world and the new is sharply in focus in the crowded 3,000-year-old holy city of Varanasi, where many devout Hindus come to die in the belief that doing so will give them salvation.

Revenues up 19%, healthcare services growth at 12%: Apollo

Suneeta Reddy, MD, Apollo Hospitals gives her take on the company‘s performance in the December quarter. She says revenues grew 19 percent, while healthcare services clocked 12 percent growth.