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Page 2 - Health Sector

InvAscent invests Rs 110 cr in integrated geriatric care provider Geri Care

Geri Care intends to utilise the funds to expand its services across key cities in southern India, including Bengaluru, Hyderabad, Kochi, and Coimbatore

InvAscent invests Rs 110 cr in integrated geriatric care provider Geri Care
Updated On : 27 Jan 2025 | 2:42 PM IST

Union Budget 2025-26: Here are the key challenges in health care sector

Low health care expenditure at about 2.1 per cent of GDP for FY23, compared to both developing and developed nations

Union Budget 2025-26: Here are the key challenges in health care sector
Updated On : 21 Jan 2025 | 11:11 PM IST

WHO regrets Trump's decision to withdraw, hopes for reconsideration

The statement from WHO came after US President Donald Trump signed an executive order on Monday, announcing the withdrawal of the US from WHO

WHO regrets Trump's decision to withdraw, hopes for reconsideration
Updated On : 21 Jan 2025 | 4:41 PM IST

MedTech industry divided over move to stop imports of refurbished devices

Domestic manufacturers added that the order will also stop the unregulated influx of second hand medical devices which could have been detrimental to the patient safety in India

MedTech industry divided over move to stop imports of refurbished devices
Updated On : 20 Jan 2025 | 11:05 AM IST

Booster shot as Medicity set to come up in 200 acres area in Chhattisgarh

Under the project, health facilities with about 5,000 bed capacity would be developed via private investment

Booster shot as Medicity set to come up in 200 acres area in Chhattisgarh
Updated On : 05 Jan 2025 | 9:38 PM IST

Four OEMs express interest in manufacturing e-ambulances: MHI official

This initiative aims to bolster the country's medical sector, which currently operates approximately 50,000 ambulances

Four OEMs express interest in manufacturing e-ambulances: MHI official
Updated On : 22 Dec 2024 | 11:34 PM IST

Diagnostic demand rises in towns; organised players lead expansion plans

The Healthcare Federation of India reports that over 50 per cent of aspirational districts identified by NITI Aayog, which lack essential infrastructure, are served by diagnostic chains

Diagnostic demand rises in towns; organised players lead expansion plans
Updated On : 18 Dec 2024 | 6:28 PM IST

New study links paracetamol to several side effects among senior citizens

Paracetamol, a common over-the-counter medication, may increase the risk of gastrointestinal, heart- and kidney-related complications among adults aged 65 and above, a new study has found. Taken commonly for treating mild-to-moderate fever, paracetamol is also the first drug recommended for treating osteoarthritis -- a chronic condition causing pain, stiffness and swelling in the joints due to wear-and-tear -- as it is considered effective, relatively safe and accessible. However, some studies have provided evidence to contest the effectiveness of paracetamol in relieving pain while others have shown increased risks of gastrointestinal side effects, such as ulcers and bleeding, from prolonged use. The latest study, conducted by researchers from the University of Nottingham, UK, found that paracetamol use was linked to a 24 per cent and 36 per cent increase in risk of peptic ulcer bleeding (bleeding due to ulcer in the digestive tract) and lower gastrointestinal bleeding, ...

New study links paracetamol to several side effects among senior citizens
Updated On : 14 Dec 2024 | 10:22 AM IST

2.5 mn senior citizens above 70 years enrol for Ayushman Card Scheme

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana provides free medical treatment of up to Rs 5 lakh

2.5 mn senior citizens above 70 years enrol for Ayushman Card Scheme
Updated On : 09 Dec 2024 | 10:10 AM IST

Funded by India, foundation stone laid for Khamlalung Health Post in Nepal

The project aims to provide better medical facilities to the people of Nepal

Funded by India, foundation stone laid for Khamlalung Health Post in Nepal
Updated On : 07 Dec 2024 | 8:03 AM IST

Orange Health Labs raises $12 million in funding led by Amazon Smbhav

The company offers diagnostics directly to customers' doorsteps, with booking available through its website or app

Orange Health Labs raises $12 million in funding led by Amazon Smbhav
Updated On : 06 Dec 2024 | 2:59 PM IST

AYUSH market grows from $2.85 bn in 2014 to $ 43.4 bn in 2023: Govt

The Ayush market has seen exponential growth, increasing from USD 2.85 billion in 2014 to USD 43.4 billion in 2023, according to Shripad Yesso Naik, Minister of State for New and Renewable Energy. Addressing a press conference here on Monday, Naik also highlighted that exports from the sector have doubled, rising from USD 1.09 billion to USD 2.16 billion. The Ministry of Ayush (Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homoeopathy) has undergone a transformative journey over the past decade, positioning India as a global leader in traditional medicine, Naik said. Since its establishment in 2014 under the leadership of Prime Minister Narendra Modi, the ministry has spearheaded significant advancements in public health, education, research, and economic development, aligning with the United Nations Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC), he added. Naik said significant strides were made in the AYUSH sector, particularly in integrating ...

AYUSH market grows from $2.85 bn in 2014 to $ 43.4 bn in 2023: Govt
Updated On : 02 Dec 2024 | 7:43 PM IST

Providing cheap, quality medical facilities states' priority: Rajasthan CM

Chief Minister Bhajanlal Sharma on Tuesday said providing cheap, accessible and quality medical facilities to the people of the state is the priority of the state government. He instructed officials to ensure all the budgetary announcements related to the health sector should be completed at a fast pace with an effective action plan to realise the 'Apno Swasth Rajasthan' concept. Sharma was chairing a review meeting of the Medical and Health Department in the Chief Minister's Office on Tuesday. Medical and Health Minister Gajendra Singh Khinvsar was also present in the meeting. He informed the chief minister that the process of recruitment on about 48,000 posts by the Medical and Health Department is going on at mission mode and so far appointment have been made on about 8000 posts. Chief Minister Sharma said that to provide quality health services in small cities and towns, the state government has decided to build Ayushman Model CHCs across the state. The chief minister said th

Providing cheap, quality medical facilities states' priority: Rajasthan CM
Updated On : 20 Nov 2024 | 7:29 AM IST

Health secy asks states, UTs to strengthen fire safety in hospitals

This directive comes in the wake of a tragic fire at the Neonatal Intensive Care Unit (NICU) of Jhansi Medical College

Health secy asks states, UTs to strengthen fire safety in hospitals
Updated On : 19 Nov 2024 | 10:13 AM IST

Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months

The firm aims to strengthen its presence in tier 2 and tier 3 cities, supported by an investment of approximately Rs 65 crore

Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months
Updated On : 12 Nov 2024 | 7:51 PM IST

Govt launches Rs 500 crore scheme to strengthen medical devices industry

This initial outlay of Rs 500 crore will be for three years, up to financial year 2026-27 (FY27), according to a government communication

Govt launches Rs 500 crore scheme to strengthen medical devices industry
Updated On : 09 Nov 2024 | 10:08 AM IST

Fortis Healthcare Q2 profit up 5%, revenue rises 12% on strong hospital biz

The company's revenue from operations rose to Rs 1,988 crore in Q2 FY25, a 12.3 per cent Y-o-Y increase from Rs 1,770 crore reported in Q2 FY24

Fortis Healthcare Q2 profit up 5%, revenue rises 12% on strong hospital biz
Updated On : 08 Nov 2024 | 8:42 PM IST

Medanta signs O&M pact for 750 bed hospital in Delhi, to invest Rs 600 cr

"The hospital is expected to commence operations in around four years, subject to necessary statutory and customary approvals"

Medanta signs O&M pact for 750 bed hospital in Delhi, to invest Rs 600 cr
Updated On : 06 Nov 2024 | 10:54 PM IST

TN youth from UAE tested negative for Mpox: Health minister Subramanian

A 27-year-old native of Thiruvarur district, who had arrived from Sharjah, has tested negative for monkey pox, Health Minister Ma Subramanian said here on Saturday. A sample has, however, been sent to Pune-based National Institute of Virology to get it retested for confirmation, the minister told reporters. On October 31, upon his arrival at Tiruchirappalli airport from the UAE, during screening, he displayed fever symptoms and small skin lesions. Hence, he was taken to KAP Government Medical College Hospital. Subramanian said the returnee had been frightened and hence left for his hometown of Valangaiman in Thiruvarur district. "This treatment is for his good and in order to prevent the spread of infection," the minister said. Hence, he was brought back to the hospital by the authorities with police help and he has been receiving good treatment at the state-run facility. Further, Subramanian said that the first test result, showing negative for presence of Mpox virus, was from the

TN youth from UAE tested negative for Mpox: Health minister Subramanian
Updated On : 02 Nov 2024 | 9:41 PM IST