Page 6 - Hospitals

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%

The hospital operator's revenue from operations rose to Rs 808.6 crore in Q4 FY24, a 14.3 per cent rise from Rs 707 crore in Q4 FY23

Need more doctors, hospital beds to achieve healthcare vision 2047: Report

There is a need to increase the number of qualified doctors to more than 50 lakh and also add 30 lakh more hospital beds in the country in order to achieve India's healthcare vision 2047, according to a report. The increase in the number of doctors and beds in hospitals would help India get closer to the average of developed countries, as per a FICCI-EY Report titled 'Decoding India's Healthcare Landscape'. India has witnessed a significant increase in the number of medical colleges and MBBS seats, addressing the growing demand for healthcare professionals, it said. The number of registered allopathic doctors witnessed substantial growth, rising from 6,60,801 in 2005 to 13,08,009 such doctors in 2022, the report said. Similarly, the bed capacity in government hospitals across India has consistently grown from 4.7 lakh beds in 2005 to 8.5 lakh beds in 2021. The report also highlighted the importance of having 100 per cent health insurance coverage for the country's population. It

Eight Delhi hospitals, IGI Airport receive bomb threats; probe underway

Two hospitals in Delhi received bomb threats though email, days after over 150 schools in the national capital faced a similar scare. "An email was received at Burari Hospital regarding a bomb threat. Local police, bomb squad, dog squad were rushed to the spot. Teams are checking the hospital. Nothing suspicious has been found yet," Deputy Commissioner of Police (north) M K Meena said. According to police, Sanjay Gandhi Hospital also received a bomb threat. Officials reached the spot and started checking the hospital.

Number of medical tourists in India to exceed pre-pandemic levels in CY24

Major hospital chains in India are eyeing the rise in international patient revenue and exploring entry into new geographies

Wockhardt Hospitals launches early recovery program for liver transplant

The hospital group also claims that the ERP program improves the survival rate of the patients by approximately 2-3 per cent while enhancing patient outcomes through advanced techniques

Manipal Hospitals scouts for aggressive growth, acquisition: CMD Jose

Manipal Hospitals, India's largest hospital chain with 10,500 beds, considers the figure to be "insignificant" in the context of the country and is actively scouting for acquisitions, a top official said on Tuesday. The Singapore sovereign fund Temasek-backed Manipal Hospitals on Monday signed a binding agreement to acquire an 87 per cent stake in Kolkata-based hospital chain Medica Synergie, a deal involving about Rs 1,400 crore helping it to become the largest hospital chain in India. The Bengaluru-based healthcare provider will make exit offers to remaining shareholders to sell their stake, but Manipal Haspitals does not see any hurdle in case existing minority shareholders continue to hold. "Though 10,500 beds and 37 hospitals is a large number, in the context of India, it is still insignificant," Manipal Hospitals Managing Director & CEO Dilip Jose told PTI in an interview after the announcement of the acquisition of Medica Hospitals. "We want to continue to expand further in

Manipal Hospitals to take 87% stake in Medica Synergie for Rs 1.4K crore

The acquisition comes as the hospital chain has been working towards expansion efforts. In September 2023, Manipal Hospitals had acquired an 84 per cent stake in Emami Group's AMRI Hospitals

Centre calls for broad consultations to standardise rates for hospitals

The Centre's affidavit also emphasised that fixation of rates may lead to serious issues like rendering healthcare setups financially unviable, and many other players may jack up the prices

Dr Basu Eye Hospital plans to open five new hospitals in India in 5 years

The hospital claims that the costs of their treatments are significantly lower compared to traditional surgeries and modern medical treatments

Healthy occupancies, ARPOB to drive double-digit growth for pvt hospitals

The expected revenue growth in FY25 comes on the back of an estimated 14% growth in the last financial year

General Atlantic acquires majority stake in Ujala Cygnus hospitals

Ujala Cygnus currently operates 21 hospitals in five states of northern India, catering mainly to tier-2 and tier-3 cities

Sadhguru Vasudev discharged from hospital after undergoing brain surgery

Spiritual guru and founder of the Isha Foundation, Sadhguru Jaggi Vasudev, was discharged from the hospital on Wednesday after undergoing emergency brain surgery.Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, who met Sadhguru in the hospital, said, "The doctors have expressed satisfaction with his recovery and healing. Sadhguru, even as he is recovering, has maintained the same spirit. His commitment to the global good, his sharp mind and his sense of humour are all intact. I think this is good news for all the millions of people who have been enquiring about his health."The Foundation has expressed thankfulness for the outpouring of love and support that Sadhguru has received from everyone during this time.On March 17, the 66-year-old spiritual leader developed a decline in his level of consciousness with drowsiness and weakness in the left leg. He was then rushed to the medical facility.A team of doctors consisting of Dr. Vinit Suri, Dr. Pranav Kumar, Dr. Sudheer

Maxivision Super Specialty Eye Hospitals eyes 100 facilities: Chairman

Maxivision Super Specialty Eye Hospitals has set up its fifth facility in Tamil Nadu, the 46th such facility in the country, set up under its expansion plan a top official said on Tuesday. The eye care provider has targeted setting up 100 hospitals by 2025, Promoter and Chairman GSK Velu said. Maxivision had signed a memorandum of understanding with the Government of Tamil Nadu to set up eye care facilities in Perambalur, Thanjavur, Tiruchirappalli and Salem, under its 'Project Velicham' initiative. The new facility in Madurai, spread across 8,000 sq ft was inaugurated by Tamil Nadu Minister for Commercial Taxes and Registration P Moorthy in the presence of Maxivision Group CEO VS Sudheer, Regional Medical Director Shibu Varkey. "It is with great pride that we have opened our state-of-the-art hospital in the temple city. Currently, we have five centres in Tamil Nadu. With the inauguration of this centre, Maxivision Super Specialty Eye Hospitals now has a total network presence of 4

'Average length of stay' at hospitals are becoming shorter by the day

'Every hospital now tracks length of stay closely. We cannot keep on increasing the critical care beds,' says Dr Bishnu Panigrahi, group head, medical strategy and operations, Fortis Healthcare

Health Ministry, NDMA issue joint advisory to prevent summer hospital fires

All healthcare facilities must inspect fire- fighting equipment regularly and conduct electrical audits bi-annually

Four years after lockdown, frontline workers reflect on pandemic days

Looking back, moving on: Doctors, nurses, ambulance drivers say Covid-19 has left them life-altering lessons

Gaza's Shifa hospital a war zone as Antony Blinken meets Sisi in Cair

The main sticking point remains that Hamas says it will release hostages only as part of an agreement that would end the war, while Israel says it will discuss only a temporary pause

Famine imminent in Gaza as Israel launches another raid on hospital: UN

The UN food agency said Monday that famine is imminent in northern Gaza, where 70% of the remaining population is experiencing catastrophic hunger, and that a further escalation of the war could push around half of Gaza's total population to the brink of starvation. The alarming report came as Israel faces mounting pressure from even its closest allies to streamline the entry of aid into the Gaza Strip and open more crossings. The European Union's top diplomat said the impending famine was entirely man-made as "starvation is used as a weapon of war. Israeli forces meanwhile launched another raid on the Gaza Strip's largest hospital early Monday, saying Hamas militants had regrouped there and had fired on them from inside the compound, where Palestinian officials say tens of thousands of people have been sheltering. The military said it killed a Hamas commander who was armed and hiding inside the medical centre, and that one of its own soldiers was killed in the operation. The army

Sakra Hospital to set up second hospital in Bengaluru for Rs 1,000 crore

Sakra, in collaboration with SECOM and TTC, anticipates a revenue surge of Rs 500 crore by the end of 2024

Sakra World Hospital to invest Rs 1,000 crore on second unit in Bengaluru

Japan's Toyota Tsusho and Secom Medical System on Saturday announced plans to set up a second multi-super specialty healthcare facility under their Sakra World Hospital operations in India at an investment of Rs 1,000 crore. The two partners, which already run a Sakra World Hospital facility in Bengaluru, plan to add another 500-bed new unit at Banaswadi in Bengaluru North. The facility is scheduled for completion by the end of 2026. Sakra World Hospital is also looking to set up at a third unit, which is envisaged to have 300 beds, as part of its plans to add 1,000 beds in the upcoming years. The second facility, to be constructed at an estimated cost of Rs 1,000 crore, will have a 500-bed capacity with a built-up area spanning 6 lakh sq ft, Sakra World Hospital said in a statement. Sakra World Hospital is a collaboration between Japan's healthcare major Secom Medical System and trading conglomerate Toyota Tsusho. "The new facility is the extension of our firm commitment towards