The sector's performance had been adversely impacted in the past two years due to the cap on prices of stents and knee implants by the National Pharmaceutical Pricing Authority (NPPA), adverse impact of the GST rollout on profitability and strict regulatory action taken by multiple states, ICRA said in a release.
The hospital chain will wait for surgery and treatment rates to be raised before participating in the programme in metro cities.
As many as six sectors -- PSU banks, NBFCs, consumer, retail, and tech -- are trading at a premium to their long-term averages
The promoter family holding in the AHEL now has come down to 30.8 percent, it added.
Temasek is expected to roll over its Medanta shares for an extra pie in Manipal, where it would hold 30-35 percent after stake conversion.
GSL’s new products in ultra-mild surfactants and blended preservatives have been well recognised, and the installed capacities for these products are over-booked
Amazon's Alexa can now offer personalised advice to medical queries in the UK. But experts are unclear on how the data will be used.
The proposed system is envisioned as the principal health data platform for patients and healthcare providers
After a-year-long negotiation that hurdled around valuation and stake held by Medanta promoters’ families, the acquisition has been finalized.
Fortis has 28.89 percent stake in MSCL, while Mauritius-based CIEL Healthcare holds 58.60, and the remaining is held by other shareholders
The budgetary allocation for PMJAY remained the same as interim budget's allocation of Rs 6400 crore.
The total budget allocation for Department of Health and Family Welfare for 2019-20 interim budget is pegged at Rs 61,398.12 crore, a 13 percent increase compared to the current financial year
The current public health expenditure is only 1.3% of GDP. If we are to reach the target of 2.5% in the next six years, then it has to be done progressively, starting immediately.
Bihar's healthcare nightmare comes at a time when India is charting out plans to build its own space station, and also land on the Moon.
India's budgetary allocation for health must increase for improving healthcare infrastructure and services
Like other books on corporate fraud, Bottle of Lies is a cautionary tale about how the relentless quest for high growth and profits at any costs can corrupt organisations in the absence of a strong, ethical core and sustained, rigorous, regulatory oversight.
The new NDA government will continue to push price trade margin rationalisation and price control policies
The government wants to co-opt the private sector in its mission for affordable healthcare, but on its terms
In its alert on May 7, the USFDA cited a case in which a Medtronic implantable pacemaker or CRT-P battery had fully drained because of a crack in the device's capacitor, without any warning to the patient or health care provider.
The hospital plans to invest Rs 300 crore in the hospital over the next 5-6 years for an expansion drive
Fulfilling a lot of promises will not be easy for the Congress, but the manifesto has given the party an opportunity to build a larger narrative.
Manipal, led by Ranjan Pai, was in race to buy Fortis Healthcare last year, but Malaysia’s IHH Healthcare outbid their rivals to buy the troubled healthcare provider.
Fortis Healthcare’s Q3 result shows it’s not out of the woods yet. Losses related to impairment have mounted and its business health is indifferent
Although the recent epidemic is a serious concern, it is not the first, or the largest in India