Indian Hospital Sector - Industry News
Apollo Hospitals' Sangita Reddy: 'We Are Innovating with Models of Health Care'
August 2010
Enhancing affordability and access to health care in India presents both challenges and opportunities for private companies like Apollo Hospitals, a 50-hospital chain with 8,500 beds. Apollo has already expanded its reach by using information technology and the mobile phone for telemedicine, and reengineered its services to lower costs. Its next endeavor is to help create healthy living environments by promoting clean drinking water, better sanitation and appropriate immunizations, says Sangita Reddy, executive director, in an interview with India Knowledge@Wharton during the 2010 Wharton India Economic Forum.
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Enhancing affordability and access to health care in India presents both challenges and opportunities for private companies like Apollo Hospitals, a 50-hospital chain with 8,500 beds. Apollo has already expanded its reach by using information technology and the mobile phone for telemedicine, and reengineered its services to lower costs. Its next endeavor is to help create healthy living environments by promoting clean drinking water, better sanitation and appropriate immunizations, says Sangita Reddy, executive director, in an interview with India Knowledge@Wharton during the 2010 Wharton India Economic Forum.
Read moreNew venture seeks to start low-cost rural hospital chain
August 2010
A healthcare venture spearheaded by former civil servants plans to set up the country’s largest rural hospital network, which could potentially redefine India’s private healthcare business in terms of cost and pricing. People behind the project include M. Damodaran, former chairman of the Securities and Exchange Board of India (Sebi), Vinodkumar Tyagi, former chief executive of Infrastructure Leasing and Financial Services Ltd, and Sabahat S. Azim, a former civil servant in the Tripura government.
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A healthcare venture spearheaded by former civil servants plans to set up the country’s largest rural hospital network, which could potentially redefine India’s private healthcare business in terms of cost and pricing. People behind the project include M. Damodaran, former chairman of the Securities and Exchange Board of India (Sebi), Vinodkumar Tyagi, former chief executive of Infrastructure Leasing and Financial Services Ltd, and Sabahat S. Azim, a former civil servant in the Tripura government.
Read moreMedical Devices Market in India 2010
August 2010
The medical device market is a thriving segment of the healthcare industry in India. Rise in the number of hospitals and increasing requirement of healthcare facilities is creating a need for sophisticated devices and equipments which can provide accurate treatment to individuals. The global market is growing rapidly and India has also joined the bandwagon of being one of the fastest growing countries in this respect.
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The medical device market is a thriving segment of the healthcare industry in India. Rise in the number of hospitals and increasing requirement of healthcare facilities is creating a need for sophisticated devices and equipments which can provide accurate treatment to individuals. The global market is growing rapidly and India has also joined the bandwagon of being one of the fastest growing countries in this respect.
Read moreCII organises 3rd Medical Technology Conference 2010
August 2010
The Conference Chairman, Anjan Bose, Vice President, Philips Electronics India congratulated CII for scaling the conference to a Brand. Confederation Of Indian Industry (CII) organized the 3rd Medical Technology Conference 2010: “Innovations in Medical Technology-Enabling India to ‘Leapfrog’ to the next level Healthcare” at New Delhi. The current Healthcare Infrastructure and Skills in India alone cannot solve India’s huge unmet needs in Healthcare. It needs to be supported by Technology which has the potential to increase accessibility, significantly reduce the burden of disease & the load of Healthcare delivery services through early diagnosis, better clinical outcomes, less invasive procedures and shorter recovery times.
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The Conference Chairman, Anjan Bose, Vice President, Philips Electronics India congratulated CII for scaling the conference to a Brand. Confederation Of Indian Industry (CII) organized the 3rd Medical Technology Conference 2010: “Innovations in Medical Technology-Enabling India to ‘Leapfrog’ to the next level Healthcare” at New Delhi. The current Healthcare Infrastructure and Skills in India alone cannot solve India’s huge unmet needs in Healthcare. It needs to be supported by Technology which has the potential to increase accessibility, significantly reduce the burden of disease & the load of Healthcare delivery services through early diagnosis, better clinical outcomes, less invasive procedures and shorter recovery times.
Read moreDell Inc. hopes customers like Methodist Hospital System will help cure what ails it.
Hospital group eyes funds for India, Sharjah growth
August 2010
The UAE’s Zuleka Hospitals Group has applied to the IFC, a unit of the World Bank Group, for a $24m loan to fund the expansion of its Sharjah hospital and the roll-out of its first facilities in India.
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The UAE’s Zuleka Hospitals Group has applied to the IFC, a unit of the World Bank Group, for a $24m loan to fund the expansion of its Sharjah hospital and the roll-out of its first facilities in India.
Read moreL&T bags Rs.10 bn orders for construction projects
August 2010
MUMBAI (Commodity Online): Larsen & Toubro Ltd (BOM:500510), India's leading engineering and construction solutions provider today informed that a part of the company’s Construction Division, Buildings & Factories Operating Company (B&F-OC) has bagged an order of Rs.1025 crore for various construction projects.
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MUMBAI (Commodity Online): Larsen & Toubro Ltd (BOM:500510), India's leading engineering and construction solutions provider today informed that a part of the company’s Construction Division, Buildings & Factories Operating Company (B&F-OC) has bagged an order of Rs.1025 crore for various construction projects.
Read moreICICI Lombard and CNBC TV18 announce India's premier Healthcare Awards recognizing best healthcare providers in India
August 2010
The first initiative of its kind to encourage the best healthcare providers in India: 'ICICI Lombard-CNBC TV18 Healthcare Awards 2010' 'ICICI Lombard-CNBC TV18 Healthcare Awards 2010' aims to set a new benchmark for the healthcare industry Comprehensive selection process based on ratings provided by consumers and doctors
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The first initiative of its kind to encourage the best healthcare providers in India: 'ICICI Lombard-CNBC TV18 Healthcare Awards 2010' 'ICICI Lombard-CNBC TV18 Healthcare Awards 2010' aims to set a new benchmark for the healthcare industry Comprehensive selection process based on ratings provided by consumers and doctors
Read moreApollo and Fortis: Healthcare Experiencing a Boom
August 2010
Officials and analysts remarks that India's top hospital operators are planning and looking for prospects to expand their business overseas to leverage strengths in other markets and attract medical tourists. Apollo Hospitals and Fortis Healthcare, considered among the leaders in the industry, the former is looking for contracts to manage hospitals abroad and the later is looking for acquisitions as an expansion strategy. However, officials from both companies said they would be focussed and will continue with their local expansion plans as the potential in these markets continue to grow.
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Officials and analysts remarks that India's top hospital operators are planning and looking for prospects to expand their business overseas to leverage strengths in other markets and attract medical tourists. Apollo Hospitals and Fortis Healthcare, considered among the leaders in the industry, the former is looking for contracts to manage hospitals abroad and the later is looking for acquisitions as an expansion strategy. However, officials from both companies said they would be focussed and will continue with their local expansion plans as the potential in these markets continue to grow.
Read moreIncreasing healthcare infrastructure to fuel growth in the medical device market
August 2010
The industry is one of the most unregulated segments of the healthcare sector in India and with large scale imports. However, with growing interests of the government, associations and players, the market is growing and India is becoming a hub for manufacturing high-end medical devices. The industry shows great potential in terms of the increasing privatization in healthcare and rapid expansion in hospital infrastructure.
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The industry is one of the most unregulated segments of the healthcare sector in India and with large scale imports. However, with growing interests of the government, associations and players, the market is growing and India is becoming a hub for manufacturing high-end medical devices. The industry shows great potential in terms of the increasing privatization in healthcare and rapid expansion in hospital infrastructure.
Read moreGujarat, a state which has achieved a stupendous 12.5 per cent industrial growth rate from 2002 -2007
July 2010
Gujarat, a state which has achieved a stupendous 12.5 per cent industrial growth rate from 2002 -2007, a GDP growth of 10.2 percent and a contribution of almost 20 per cent of Indian exports, has a similar success story to share when it comes to healthcare.
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Gujarat, a state which has achieved a stupendous 12.5 per cent industrial growth rate from 2002 -2007, a GDP growth of 10.2 percent and a contribution of almost 20 per cent of Indian exports, has a similar success story to share when it comes to healthcare.
Read MorePunjab to launch mobile hospital services in rural areas
July 2010
MOHALI: Punjab Chief Minister Parkash Singh Badal today directed the health department to immediately launch mobile hospital service for the people of the Border and Kandi areas to provide basic health care and medical facilities to them at their doorsteps as majority of them were deprived of these medical services in these difficult and far flung areas.
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MOHALI: Punjab Chief Minister Parkash Singh Badal today directed the health department to immediately launch mobile hospital service for the people of the Border and Kandi areas to provide basic health care and medical facilities to them at their doorsteps as majority of them were deprived of these medical services in these difficult and far flung areas.
Read moreKrishna Institute of Medical Sciences (KIMS),GE Healthcare and Varian Medical Systems join forces to increase cancer care access.
July 2010
Plans to establish first of its kind,one-stop "See & Treat" Oncology Centers in Tier II and III Towns
* KIMS to establish complete Oncology Centers at an investment of Rs.200 Crores
* GE Discovery PET/CT imaging systems to detect disease at earliest possible stages; GE PET-Trace Medical Cyclotrons to produce Bio-markers; Varian Linear Accelerators to provide radiotherapy treatment.
* India has an estimated 2.5 million patients undergoing treatment Read more
Pyng Medical to Expand Global Distribution Network to India
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July 2010 |
Cancer Conquer
June 2010
International Oncology Services Pvt Ltd (IOSPL), the super speciality provider of cancer care, is on the roll. The company which first started its highly dedicated cancer care centre in collaboration with Fortis Healthcare Group at their 175-bed Noida facility, is today planning to expand its wings all over Punjab, Maharasthra and has been aiming for other states like Haryana, Uttar Pradesh, Gujarat and even has South India on its radar.
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International Oncology Services Pvt Ltd (IOSPL), the super speciality provider of cancer care, is on the roll. The company which first started its highly dedicated cancer care centre in collaboration with Fortis Healthcare Group at their 175-bed Noida facility, is today planning to expand its wings all over Punjab, Maharasthra and has been aiming for other states like Haryana, Uttar Pradesh, Gujarat and even has South India on its radar.
Read moreHealthcare boom
June 2010
There's a time for everything. For Dr Ramakanta Panda, it was time to build a 'modern hospital' in India. As a cardiac surgeon from the prestigious Cleveland Clinic, US, he was known for his super-safe hands. But his ideas proved too radical for the design team.
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There's a time for everything. For Dr Ramakanta Panda, it was time to build a 'modern hospital' in India. As a cardiac surgeon from the prestigious Cleveland Clinic, US, he was known for his super-safe hands. But his ideas proved too radical for the design team.
Read moreCisco and Apollo to revolutionise healthcare through ICT
June 2010
Apollo Hospitals, Asia’s largest health care provider and Cisco, announced an alliance to help revolutionise health care through information and communication technology (ICT).
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Apollo Hospitals, Asia’s largest health care provider and Cisco, announced an alliance to help revolutionise health care through information and communication technology (ICT).
Read morePunjab clears Rs.320 crore plan for new and upgraded hospitals
June 2010
The Punjab government Saturday approved a Rs.320 crore plan for the construction of new hospitals and upgradation of existing hospitals across the state.
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The Punjab government Saturday approved a Rs.320 crore plan for the construction of new hospitals and upgradation of existing hospitals across the state.
Read morePune's Green Hospital
June 2010
Pune-based 350-bed Jehangir Hospital saves an impressive Rs 46.25 lakh per annum due to its energy savings and has also been felicitated with many awards for the same.
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Pune-based 350-bed Jehangir Hospital saves an impressive Rs 46.25 lakh per annum due to its energy savings and has also been felicitated with many awards for the same.
Read moreManipal Group forms new firm for hospitals, to raise Rs125 cr
June 2010
City-based Manipal Group, which runs India’s third-largest hospital chain, has formed a new entity to run its hospitals as part of a restructuring that it expects will help raise Rs100-125 crore for expansion and help attract investors in further fund-raising activities.
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City-based Manipal Group, which runs India’s third-largest hospital chain, has formed a new entity to run its hospitals as part of a restructuring that it expects will help raise Rs100-125 crore for expansion and help attract investors in further fund-raising activities.
Read moreBringing 21st Century Medicine to the Emerging Countries of Asia
June 2010
Columbia Asia has developed a unique model for hospitals. We deliver advanced medical care through facilities located in neighborhoods, rather than the central city. With sophisticated hospitals based in their communities, patients have dramatically improved access to quality affordable care.
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Columbia Asia has developed a unique model for hospitals. We deliver advanced medical care through facilities located in neighborhoods, rather than the central city. With sophisticated hospitals based in their communities, patients have dramatically improved access to quality affordable care.
Read moreFortis targets 40 hospitals by 2011, plans Rs1,970 crore investmen
June 2010
Fortis Healthcare Ltd plans to invest $500 million (Rs1,970 crore) to achieve its target of 40 hospitals by 2010-11, focusing on improving its presence in the West and South to get a pan-India presence, according to Fortis’ group managing director Shivinder Mohan Singh.
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Fortis Healthcare Ltd plans to invest $500 million (Rs1,970 crore) to achieve its target of 40 hospitals by 2010-11, focusing on improving its presence in the West and South to get a pan-India presence, according to Fortis’ group managing director Shivinder Mohan Singh.
Read moreApollo hospitals expansion plan includes host of facilities for Cancer cure
June 2010
Apollo Hospitals has announced its Rs 1,800-crore expansion plan to be implemented during 2009-10 and 2010-11. As a part of this expansion Apollo Hospitals would be inaugurating 11 new hospitals in the next fiscal and 20 more in 2011-12. This would come with an inclusion of 200 more beds to an already existing 8,800 beds.
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Apollo Hospitals has announced its Rs 1,800-crore expansion plan to be implemented during 2009-10 and 2010-11. As a part of this expansion Apollo Hospitals would be inaugurating 11 new hospitals in the next fiscal and 20 more in 2011-12. This would come with an inclusion of 200 more beds to an already existing 8,800 beds.
Read moreFortis announces its plans for a hospital in Hyderabad
June 2010
One of India’s leading hospital chains, Fortis Healthcare, is looking to grow further with a new hospital in Hyderabad. Fortis already has a strong presence in central Southern India and Daljit Singh, the Fortis’ President of Strategic and Organizational Development, said that Hyderabad was their next consideration.
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One of India’s leading hospital chains, Fortis Healthcare, is looking to grow further with a new hospital in Hyderabad. Fortis already has a strong presence in central Southern India and Daljit Singh, the Fortis’ President of Strategic and Organizational Development, said that Hyderabad was their next consideration.
Read moreHyundai Motor India suffers Rs.65 cr loss as production stops
May 2010
Production at the Hyundai Motor India plant near here has come to a halt since Sunday night after workers went on a sit-in strike, demanding reinstatement of 67 dismissed colleagues and recognition of their union. The stir caused a production-loss of 2,200 cars valued at around Rs.65 crore.
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Production at the Hyundai Motor India plant near here has come to a halt since Sunday night after workers went on a sit-in strike, demanding reinstatement of 67 dismissed colleagues and recognition of their union. The stir caused a production-loss of 2,200 cars valued at around Rs.65 crore.
Read moreIndia announces 100% tax exemption on new hospital constructions
May 2010
In the area of direct taxes, the Indian finance minister, Mr. Pranab Mukherjee announced the expansion of a scheme whereby private investors can avail of a 100% deduction for the cost of building hospitals with at least 100 beds...
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In the area of direct taxes, the Indian finance minister, Mr. Pranab Mukherjee announced the expansion of a scheme whereby private investors can avail of a 100% deduction for the cost of building hospitals with at least 100 beds...
Read moreNearly 5 lakh foreigners throng India for cheap treatment
May 2010
Besides low treatment cost, availability of world-class hospitals with latest technology and highly-skilled doctors are contributing to more foreigners visiting the country for treatment.
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Besides low treatment cost, availability of world-class hospitals with latest technology and highly-skilled doctors are contributing to more foreigners visiting the country for treatment.
Read moreSevenHills HealthCity Becomes India's First Paperless Hospital With Next Gen 802.11n Wi-Fi Technology From Ruckus Wireless
May 2010
New 802.11n Wi-Fi Network to Support a Wide Range of Critical-Care Applications in Three Million Square Foot 'HealthCity' Spanning 17 Acres
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New 802.11n Wi-Fi Network to Support a Wide Range of Critical-Care Applications in Three Million Square Foot 'HealthCity' Spanning 17 Acres
Read moreAavishkaar India Micro Venture Capital Fund Invests in hospital group G.V. Meditech Pvt Ltd
May 2010
Aavishkaar India Micro Venture Capital Fund (“AIMVCF”), an equity fund dedicated to providing risk capital for scaleable rural
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Aavishkaar India Micro Venture Capital Fund (“AIMVCF”), an equity fund dedicated to providing risk capital for scaleable rural
Read moreHCL signs $500 mn software services contract with Merck
May 2010
HCL will support the US-based firm’s remote infrastructure management, and offer engineering, business and knowledge process services to the pharma firm in the five-year deal
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HCL will support the US-based firm’s remote infrastructure management, and offer engineering, business and knowledge process services to the pharma firm in the five-year deal
Read moreBritish institute beckons Indian engineers to excel
May 2010
BANGALORE: The London-based Institution of Engineering and Technology (IET), which certifies professional excellence worldwide, will offer its
expertise to Indian engineers for global recognition.
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BANGALORE: The London-based Institution of Engineering and Technology (IET), which certifies professional excellence worldwide, will offer its
expertise to Indian engineers for global recognition.
Read moreSiemens partners with Jupiter Hospital to set up Asia's first multi-modality training center
April 2010
Siemens Medical Solutions (SMS) has joined hands with the upcoming 200-bed Jupiter hospital in Mumbai, India, to set up a 6,000 square feet training center.
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Siemens Medical Solutions (SMS) has joined hands with the upcoming 200-bed Jupiter hospital in Mumbai, India, to set up a 6,000 square feet training center.
Read moreKIMS, Hyderabad Plans US$ 22 Million Expansion
April 2010
The Hyderabad-based multi-speciality hospital; Krishna Institute of Medical Sciences (KIMS) plans to construct a 4 storey, ultra-modern medical centre. The project’s investment is estimated at US$ 22 million (Rs 90 crore).Read more
Apollo Hospitals plans to foray into Mumbai
April 2010
It is conspicuous by its absence in Mumbai. But the Apollo Hospitals Group is finally set to break its Mumbai impasse with plans to set up two super-speciality hospitals in the city.
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It is conspicuous by its absence in Mumbai. But the Apollo Hospitals Group is finally set to break its Mumbai impasse with plans to set up two super-speciality hospitals in the city.
Read moreFortis and DLF to set up 15 hospitals in 5 years
April 2010
The Ranbaxy group company, Fortis Healthcare has entered into a joint venture agreement with New Delhi-based construction company, DLF to set up 15 hospitals in the next five years with an investment of US$754 million (Rs3,000 crore).
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The Ranbaxy group company, Fortis Healthcare has entered into a joint venture agreement with New Delhi-based construction company, DLF to set up 15 hospitals in the next five years with an investment of US$754 million (Rs3,000 crore).
Read moreNew 300-bed Government Hospital at Coimbatore, India
April 2010
EA 300-bed hospital will be built in the city of Coimbatore in the South Indian state of Tamil Nadu. The State government has approved the project which will be funded by a US$ 2.3 Million (Rs. 10 crore) donation from Dr. Alagiri Swamy, a nephrologist based at Memphis in the United States. The hospital will serve as a satellite health centre at Peelamedu and will be located at the Coimbatore Medical College and Hospital (CMCH) campus.
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EA 300-bed hospital will be built in the city of Coimbatore in the South Indian state of Tamil Nadu. The State government has approved the project which will be funded by a US$ 2.3 Million (Rs. 10 crore) donation from Dr. Alagiri Swamy, a nephrologist based at Memphis in the United States. The hospital will serve as a satellite health centre at Peelamedu and will be located at the Coimbatore Medical College and Hospital (CMCH) campus.
Read moreTPG's Parkway Health to set up hospitals
April 2010
Singapore’s Parkway Health, one of Asia’s major hospital chain, has revealed its proposals to build several multi-speciality hospitals in India, beginning with 5-6 in metro cities.
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Singapore’s Parkway Health, one of Asia’s major hospital chain, has revealed its proposals to build several multi-speciality hospitals in India, beginning with 5-6 in metro cities.
Read moreBalco to build US$ 75 million cancer hospital in Chhattisgarh, India
April 2010
The Bharat Aluminium Company Ltd (Balco), a part of the India-based Vedanta Group, has announced its plans to build a new cancer hospital and research centre in north Indian state of Chhattisgarh. The project is expected to be completed in the mid of 2010. This new hospital will be the first of its kind in the state. Apart from regular health services, Balco plans to provide free healthcare to the poor people of the region.
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The Bharat Aluminium Company Ltd (Balco), a part of the India-based Vedanta Group, has announced its plans to build a new cancer hospital and research centre in north Indian state of Chhattisgarh. The project is expected to be completed in the mid of 2010. This new hospital will be the first of its kind in the state. Apart from regular health services, Balco plans to provide free healthcare to the poor people of the region.
Read moreApollo to set up a medicity focussing on Ayurveda
April 2010
Apollo Hospitals has revealed its plans to set up a medicity in the state of Maharashtra in India. The new construction will take place in collaboration with Hindustan Construction Co (HCC), a real estate firm.Read more
India to build a new Cancer Institute
April 2010
The Government of India is going to build a National Institute for Cancer in the South Indian city of Chennai. The institute will have research, service and education activities and will be the first-of-its-kind in India. The institute will be built on 10 acres of land in Vepery, Chennai. This will be the second Cancer institute to open in Chennai. The institute is expected to be operational by mid 2011.
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The Government of India is going to build a National Institute for Cancer in the South Indian city of Chennai. The institute will have research, service and education activities and will be the first-of-its-kind in India. The institute will be built on 10 acres of land in Vepery, Chennai. This will be the second Cancer institute to open in Chennai. The institute is expected to be operational by mid 2011.
Read moreNarayana Health City to expand to other States
April 2010
“Our goal is to add 20,000 hospital-beds in the next five years across the country.” – Dr Devi Prasad Shetty
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“Our goal is to add 20,000 hospital-beds in the next five years across the country.” – Dr Devi Prasad Shetty
Read moreSneha Diagnostics plans 10 medical diagnostic centres
April 2010
Sneha Diagnostics has unveiled plans to open 10 diagnostic centres in all major district centres across the state of Andhra Pradesh, India. After completing the first phase, it desires to go for a public issue and / or venture capital with a focus to reach remote corners of India.
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Sneha Diagnostics has unveiled plans to open 10 diagnostic centres in all major district centres across the state of Andhra Pradesh, India. After completing the first phase, it desires to go for a public issue and / or venture capital with a focus to reach remote corners of India.
Read moreColumbia Asia plans to set up six hospitals in Malaysia
April 2010
Having hospitals in Taiping, Seremban, Puchong, Shah Alam and Miri also with the chain in India, Vietnam and Indonesia, Columbia Asia has announced its plan to build six midsize hospitals in the coming two years in Malaysia.
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Having hospitals in Taiping, Seremban, Puchong, Shah Alam and Miri also with the chain in India, Vietnam and Indonesia, Columbia Asia has announced its plan to build six midsize hospitals in the coming two years in Malaysia.
Read moreMaharashtra health planning in 2010
National Rural Health Mission
April 2010
Under the mandate of National Common Minimum Programme (NCMP) of United Progress Alliance government, health care is one of the seven trust areas of NCMP, wherein, it is proposed to increase the expenditure in health sector from current 0.9% Gross Domestic Product (GDP) to 2-3% of GDP over the next five years, with main focus on Primary Health Care.
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Under the mandate of National Common Minimum Programme (NCMP) of United Progress Alliance government, health care is one of the seven trust areas of NCMP, wherein, it is proposed to increase the expenditure in health sector from current 0.9% Gross Domestic Product (GDP) to 2-3% of GDP over the next five years, with main focus on Primary Health Care.
Read moreHistorical Background /Periodical Development
March 2010
Government of India is committed to provide health care to all its citizens. To achieve the above goal government of Maharashtra is providing preventive and curative health care to all its citizens. Read more
Transforming Healthcare with Information Technology
March 2010
It’s a well-known fact that the governments across the globe today are grappling with diverse pieces of healthcare challenges.
Read more
It’s a well-known fact that the governments across the globe today are grappling with diverse pieces of healthcare challenges.
Read moreHealth Infrastructure Cost To Cross $14 Bn In 2013
March 2010
Expenditure on healthcare in India will grow nearly 6% per annum to cross $14 billion in 2013, says a report released in New Delhi on Tuesday. Read more
India’s Healthcare Sector To Touch $77 Billion By 2012
March 2010
According to a report, India’s healthcare sector is projected to grow at 23% annually to become a $77-billion industry.Read more
Private hospital segment to reach $45 bn by 2012
March 2010
New Delhi, Dec 13 (IANS) India’s private hospitals segment is estimated to reach $45 billion by 2012 from the present $22 billion with expansion in tier II and III cities, according to an industry report.
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New Delhi, Dec 13 (IANS) India’s private hospitals segment is estimated to reach $45 billion by 2012 from the present $22 billion with expansion in tier II and III cities, according to an industry report.
Read moreHealthcare to become $77-bn sector in India by 2012
March 2010
New Delhi, Nov 25 (IANS) India’s healthcare sector is expected to grow at 23 percent annually to become a $77-billion industry by 2012, a report released Wednesday said.
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New Delhi, Nov 25 (IANS) India’s healthcare sector is expected to grow at 23 percent annually to become a $77-billion industry by 2012, a report released Wednesday said.
Read more850-bed plan for hospitals
March 2010
Four medical colleges are in expansion mode and will add around 850 beds in a couple of years with demand outpacing supply in the state’s healthcare sector.Read more
Budget must double funds for health: Fortis CEO
March 2010
Health systems around the globe are designed to provide a means to distribute society’s resources to balance affordability.
Read more
Health systems around the globe are designed to provide a means to distribute society’s resources to balance affordability.
Read moreIndia Budget Highlights
Mon, March 29, 2010
March 2010
THE EVENT: Indian Finance Minister Pranab Mukherjee Friday presented the federal government's budget for the fiscal year starting April 1, 2010.Read more
Hospital Market in India 2010
Feb,2010
March 2010
The hospital market in India is valued at INR 45 bn in 2009 and is estimated to grow by 27%. The market accounts for a substantial share of the total healthcare industry and is dominated by the private sector. The growth in consumer spending on healthcare coupled with the increase in life-style diseases is expected to attract major investors.
Read more
The hospital market in India is valued at INR 45 bn in 2009 and is estimated to grow by 27%. The market accounts for a substantial share of the total healthcare industry and is dominated by the private sector. The growth in consumer spending on healthcare coupled with the increase in life-style diseases is expected to attract major investors.
Read moreHospital market in India is expected to continue to grow dynamically
March 2010
The growth in consumer spending on healthcare coupled with the increase in life-style diseases is expected to attract major investors. The report begins with an introduction to the hospital market and includes figures for the market size and growth, segmentation in the healthcare market, growth and market share of various segments in public and private hospitals. Read more
Centre to launch urban health mission
March 2010
SHILLONG, March 5 – UPA chairperson Sonia Gandhi said the Central Government would initiate an urban health mission similar to the National Rural Health Mission (NRHM).
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SHILLONG, March 5 – UPA chairperson Sonia Gandhi said the Central Government would initiate an urban health mission similar to the National Rural Health Mission (NRHM).
Read moreHealthcare sector upset over neglect in Budget
March 2010
India’s health industry, now increasingly dependent on the private sector, is unable to provide modern health facilities to more than 60% of the country’s population, according to industry estimates.
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India’s health industry, now increasingly dependent on the private sector, is unable to provide modern health facilities to more than 60% of the country’s population, according to industry estimates.
Read moreRural India needs over 7000 more hospitals
Health is one of the prime pillars of a healthy and sound society and the admission that rural India needs over 7,000 more hospitals (not super-specialty centres but those with basic health facilities) is more shameful than alarming. And this estimation by the annual Economic survey is based on the 2001 population norms, which means that the present population, if taken in account, would clearly escalate the figures significantly.
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Read moreFortis Healthcare buys TPG's Parkway stake
NEW DELHI (Reuters) - Hospital chain Fortis Healthcare will buy 23.9 percent of Singapore's Parkway Holdings from U.S. buyout firm TPG Capital in an expansion drive into Asia and the Middle East.
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Read moreHospitals mulling franchise model to expand footprint
Mar 23, 2010
Considering the huge investment needed for establishing the necessary healthcare infrastructure in the country, franchising is emerging as a viable option for hospitals to expand to newer geographies.
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Considering the huge investment needed for establishing the necessary healthcare infrastructure in the country, franchising is emerging as a viable option for hospitals to expand to newer geographies.
Read moreIndia’s Fortis Healthcare Is Listed As The Largest Hospital Chain In Asia
Fortis Healthcare founded by brothers Malvinder and Shivinder Mohan Singh has become the largest hospital chain in Asia after buying 24-percent stake in Singapore's Parkway Holdings for $685.3 million.
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Read moreApollo to invest $175 million on five new specialty hospitals for children
Healthcare services provider Apollo Hospitals Enterprise Ltd plans to invest $150-175 million to set up five specialty hospitals for children, four in India and one likely in Nigeria, by 2011.
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Read moreLilavati Hospital to commence Rs 400 crore expansion soon
The Mumbai-based Lilavati Hospital is planning to expand its operations by setting up two more hospitals in Maharashtra and to build up more capacity to its existing facility with an overall investment of Rs 400 crore.
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Read moreRs 240 cr sanctioned for hospitals at Jammu, Sringar
The Centre today said that it has sanctioned Rs 240 crore for super-specialities in capital cities of Jammu and Srinagar in the state.
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Read moreIndian Government plans two new referral medical institutes
The government of India has announced that it is planning to set up two more premier referral institutes in the states of West Bengal and Uttar Pradesh on the lines of All India Institute of Medical Sciences (AIIMS), New Delhi. The site for these institutes needs to be chosen by the Uttar Pradesh government.
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Read moreApollo Hospital to commission additional 150 beds in August
Apollo’s four pillars of strength are best doctors, best technology, unmatched care and best value
Indraprastha Apollo Hospital’s ambitious expansion plans indicate an impressive upward trajectory. Honoring its commitment to cater to the forthcoming Commonwealth Games, the hospital will commission an additional 150 beds in August 2010. Apollo’s four pillars of strength are best doctors, best technology, unmatched care and best value.
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Indraprastha Apollo Hospital’s ambitious expansion plans indicate an impressive upward trajectory. Honoring its commitment to cater to the forthcoming Commonwealth Games, the hospital will commission an additional 150 beds in August 2010. Apollo’s four pillars of strength are best doctors, best technology, unmatched care and best value.
Read moreHospital chain plans Rs 250-cr expansion
Narayana Hrudayalaya Hospitals, a Bangalore-based healthcare group, is planning to add 1,000 beds
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Read moreCameron arrives in India, seeks to boost trade ties
July 2010
NEW DELHI: British prime minister David Cameron, who arrived in Bangalore on Tuesday night, will be looking at India to shore up his country’s economic recovery.
Accompanied by a 90-member strong delegation comprising six ministers, 50 leaders of some of Britain’s largest companies, Olympic gold medallists and academics, prime minister Cameron is pulling all stops to woo an old neglected partner with a booming economy. Britain was the fifth largest exporter to India in 2005, but has since fallen to eighteenth. Exports to India dropped from $6.4 billion in 2008 to $4.5 billion in 2009.
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NEW DELHI: British prime minister David Cameron, who arrived in Bangalore on Tuesday night, will be looking at India to shore up his country’s economic recovery.
Accompanied by a 90-member strong delegation comprising six ministers, 50 leaders of some of Britain’s largest companies, Olympic gold medallists and academics, prime minister Cameron is pulling all stops to woo an old neglected partner with a booming economy. Britain was the fifth largest exporter to India in 2005, but has since fallen to eighteenth. Exports to India dropped from $6.4 billion in 2008 to $4.5 billion in 2009.
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