Page 7 - Hospitals

Bengal CM Mamata Banerjee suffers injury on forehead, admitted to hospital

West Bengal Chief Minister Mamata Banerjee on Thursday evening suffered injuries on her forehead and was admitted to a hospital, the TMC said. Our chairperson @MamataOfficial sustained a major injury. Please keep her in your prayers, the party posted on X along with pictures of Banerjee bleeding from her forehead. According to sources, she was admitted to the state-run SSKM Hospital in Kolkata. The details of how she received the injury are still awaited.

Ex-President Pratibha Patil hospitalised in Pune, condition stable

Former President Pratibha Patil has been admitted to a hospital in Maharashtra's Pune city for the treatment of fever and chest infection and her condition is stable, officials of the medical facility said on Thursday. Patil, 89, was admitted to the Bharati Hospital here on Wednesday. "Former President Pratibha Patil was admitted to the hospital last night. She is having fever along with some infection in the chest. Her health condition is stable. She is under treatment and is being monitored closely," a senior official from the hospital said. Patil was the first woman to serve as the President of India. She held the top constitutional post from 2007 to 2012.

93 hospitalised in twin food poisoning cases in Noida, Greater Noida

As many as 93 people, including 17 in Noida and 76 in Greater Noida, were hospitalised due to suspected food poisoning in two separate incidents after consuming special meals for fast made of 'kuttu ka atta' on Mahashivratri, officials on Saturday said. The 17 people, who fell ill in Noida, included men and women residents of Barola village who are admitted to the district hospital in Sector 30 while the 76 people in Greater Noida are students of different colleges living in a private hostel and have been admitted to different hospitals in the area, they said. The students, who are enrolled at different colleges and lived in a private hostel, had dinner on Friday after which many of them complained of uneasiness, dizziness and vomiting, police said. The students were staying at Aryan Residency in the Knowledge Park area -- an educational hub -- and had 'puris' made of 'kuttu ka atta' (buckwheat flour) on account of Mahashivratri on Friday. "The local police are seized of the incide

Major hospital chains report increase in average revenue per occupied bed

The increase in ARPOB comes despite significant bed additions by hospitals in the past two financial years

SC sets deadline for Centre to fix standardised hospital charges nationwide

The plea sought for the Centre to determine the fee chargeable to patients based on Rule 9 of the Clinical Establishment Rules 2012

GPT Healthcare's Rs 525 cr IPO gets 85% subscription on second day of offer

The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, received 85 per cent subscription on the second day of the offer on Friday. The Initial Public Offering (IPO) received 1,67,51,920 bids for shares against 1,97,63,327 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 1.24 times, while the quota for non-institutional investors received 79 per cent subscription. The portion for Qualified Institutional Buyers (QIBs) received 19 per cent subscription. On Wednesday, GPT Healthcare Ltd said it has collected Rs 157.54 crore from anchor investors. The Rs 525 crore IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II. BanyanTree, which holds 2.6 crore shares, or 32.64 per cent stake, in Kolkata-based GPT Healthca

GPT Healthcare's Rs 525 cr IPO gets 37% subscription on first day of offer

The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, received 37 per cent subscription on the first day of offer on Thursday. The Initial Public Offering (IPO) received 72,43,360 bids for shares against 1,97,63,327 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 66 per cent, while the quota for non-institutional investors received 18 per cent subscription. On Wednesday, GPT Healthcare Ltd said it has collected Rs 157.54 crore from anchor investors. The Rs 525 crore IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II. BanyanTree, which holds 2.6 crore shares or 32.64 per cent stake, in Kolkata-based GPT Healthcare, is divesting its entire shareholding in the company. Price range for the offer is Rs 177-

GPT Healthcare sets price band at Rs 177-188 for IPO opening on Feb 22

The company revealed the price band for its upcoming initial public offering (IPO), set at Rs 177 to 188 per share

Yatharth Hospital acquires Faridabad-based Asian Fidelis for Rs 116 crore

Yatharth Hospital and Trauma Care Services on Monday said it has acquired Faridabad-based Asian Fidelis Hospital for Rs 116 crore. The healthcare provider, which currently operates three super specialty hospitals in NCR (national capital region), has inked a definitive agreement with Pristine Infracon Pvt Ltd and its shareholders for the buyout. "This acquisition aligns with our company's strategy of expanding its footprint in the North India region," Yatharth Hospitals whole-time director Yatharth Tyagi said in a statement. The healthcare provider currently operates hospitals at Noida, Greater Noida and Noida Extension. Asian Fidelis Hospital comes with 175-bed capacity, which can be further expanded to 200 beds. Yatharth Hospital also reported a 38 per cent increase in profit after tax (PAT) at Rs 29.5 crore in the third quarter ended December 2023. The company had reported a PAT of Rs 21.3 crore in the October-December quarter of last fiscal. Revenue from operations rose to R

Apollo Hospitals targets over 15% topline growth per annum till 2030

On the hospital front, AHEL aims to boost volume growth across key specialties such as cardiology, oncology, and neurosciences.

Entero Healthcare garners Rs 716 cr from anchor investors, IPO opens

Healthcare products distributor Entero Healthcare Solutions has collected Rs 716 crore from anchor investors. The company has allotted a total of 56.95 lakh equity shares to 25 funds at Rs 1,258 a piece, which is also the upper end of the price band, according to a circular uploaded on BSE's website late on Thursday. The anchor book saw participation from investors, including the Capital Group, Government of Singapore, Monetary Authority of Singapore, Amundi Funds New Silk Road, Societe Generale, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, and Copthall Mauritius Investment Ltd. Additionally, Bajaj Allianz Life Insurance Company, SBI General Insurance, and Jupiter India Fund participated in the anchor round. The issue, with a price band of Rs 1,195-1,258 per share, opened for public subscription on Friday. It will close on February 13. The Rs 1,600 crore IPO is a combination of a fresh issue of equity shares worth up to Rs 1,000 crore and an Offer For Sale (

Medanta Q3 results: Profit up 53% at Rs 123.54 cr, revenue up 19.9%

Consolidated net profit fell by 1.29 per cent from Rs 125.16 crore, whereas revenue fell by 1.34 per cent from Rs 843.93 crore in Q2 FY24

Fortis Healthcare Q3 results: Profit down 3.2%, revenue grows by 7.7%

The company reported a fall in bed occupancy to 64 per cent in Q3FY24, from 66.1 per cent in the same quarter last year. This has been attributed to the addition of 100 operation beds

Just 6 CT scan machines in Delhi govt hospitals for 30 mn people, HC notes

Delhi High Court on Monday expressed anguish that there are only six CT scan machines in all Delhi government hospitals for three crore citizens and stressed the need to ramp up infrastructure and fill vacancies in the health sector. The high court pointed out that people are losing lives because they are not being attended to at government hospitals due to a shortage of facilities and staff. A bench of Acting Chief Justice Manmohan and Justice Manmeet PS Arora noted that Health Minister Saurabh Bharadwaj, in a status report, has admitted that there are a lot of shortcomings, including shortage of doctors, paramedics and medicines, and also given his suggestions. Bharadwaj, who inspected several government hospitals, claimed that whenever he convened meetings with hospital staff, Delhi Health Secretary SB Deepak Kumar remained absent. However, Kumar, who was present in the court, denied the allegations and said he attended all the meetings. "I have accompanied the minister in vari

Max Healthcare signs MoU with RCOG for advanced gynaecology programme

As part of the MoU, both organisations will work to promote and conduct training in obstetrics and gynaecology, assessment, and certification of training in India

MSME hospitals in the pink of health; revenue, margins to remain healthy

Revenue and margins to remain healthy next financial year, too

'Cashless everywhere' may cut claims cost, say insurance companies

The 'Cashless Everywhere' initiative aimed at making cashless treatment available for policyholders even in non-empanelled hospitals registered under the Clinical Establishment Act

Cashless treatment facility to be available across hospitals, says GIC

Currently, only 63 per cent of customers avail cashless treatment, whereas the remaining 47 per cent opt for reimbursement claims

Aster DM Healthcare shareholders approve proposal to hive off Gulf biz

Hospital chain Aster DM Healthcare on Tuesday said its shareholders have approved the proposal to hive off its Gulf business in a deal valued at USD 1.01 billion. The proposed resolutions were passed with the requisite majority by shareholders on January 22, the company said in a regulatory filing. Over 99 per cent of the votes polled were in favour of the deal, it added. On November 28 last year, Aster DM Healthcare announced that it would separate its India and Gulf businesses by way of a deal worth over USD 1 billion. The company stated that it has received approval from its board and subsidiary Affinity Holdings Pvt Ltd to separate the India and GCC businesses into two distinct and standalone entities. Under the separation plan, Affinity entered into a definitive agreement with a consortium of investors led by Fajr Capital, a private equity firm headquartered in the UAE, to invest in Aster's GCC business. Upon completion, the separation of the India and GCC businesses will ..

Murugappa Group's CSR subsidiary AMM Foundation completes 100 years

Established a century ago, the AMM Hospital, known locally as the 'oru ruba' (one rupee, which is the fee charged from patients) hospital, has been a beacon of quality healthcare for local community