Health protection scheme a 'game changer': Apollo Hospitals
"It is indeed heartening that 40 percent of India's population will be covered under an insurance scheme," said Apollo Hospitals Managing Director, Suneeta Reddy. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

Move on Obamacare, here comes Modicare, world's biggest government-funded scheme
It seems several cases of overcharging at private hospitals have found an echo in Jaitley's Budget. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

Move on Obamacare, here comes Modicare, world's biggest govt-funded scheme
It seems several cases of overcharging at private hospitals have found an echo in Jaitley's Budget. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

WHO awards prequalification to Bharat Bio ’s Rotavirus vaccine
The vaccine to prevent infant deaths and hospitalisations due to rotavirus diarrhoea was launched by Prime Minister Narendra Modi in March 2015. (Source: The Economic Times)
Source: The Economic Times - January 26, 2018 Category: Consumer Health News Source Type: news

Budget 2018 may bring larger safety net for poor
Medical insurance cover for the poor and workers of the unorganised sector is likely to go up by several times after this budget. (Source: The Economic Times)
Source: The Economic Times - January 25, 2018 Category: Consumer Health News Source Type: news

Angioplasty cost falls up to 18 per cent on stent price cap
Angioplasty cost at corporate hospital chains came down by 8-12% to ₹2.05 lakh-2.20 lakh from ₹2.10 lakh-2.20 lakh, the study showed. (Source: The Economic Times)
Source: The Economic Times - January 25, 2018 Category: Consumer Health News Source Type: news

Angioplasty cost falls up to 18% on stent price cap
Angioplasty cost at corporate hospital chains came down by 8-12% to ₹2.05 lakh-2.20 lakh from ₹2.10 lakh-2.20 lakh, the study showed. (Source: The Economic Times)
Source: The Economic Times - January 25, 2018 Category: Consumer Health News Source Type: news

Accord national priority status to healthcare: Apollo Hospitals
The Budget must acknowledge that quality of healthcare delivery is non-negotiable, it said in a statement. (Source: The Economic Times)
Source: The Economic Times - January 22, 2018 Category: Consumer Health News Source Type: news

Allocate more funds, increase expenditure: Health experts
The government had said it would increase spending on health from 1.15 per cent to 2.5 per cent of the GDP by 2025, Poonam Muttreja, the executive director of the Population Foundation of India, said. (Source: The Economic Times)
Source: The Economic Times - January 21, 2018 Category: Consumer Health News Source Type: news

Global digital health venture capital funding up 42 per cent at $7.2 billion
The total corporate funding for Healthcare IT companies - including debt and public market financing - climbed to $8.2 billion in 2017, 47% increase from the $5.6 billion raised in 2016. (Source: The Economic Times)
Source: The Economic Times - January 18, 2018 Category: Consumer Health News Source Type: news

India plans to raise health spending by 11% in budget; less than requested
Prime Minister Narendra Modi's government last year set a target of raising annual health spending to 2.5 per cent of India's GDP by 2025. (Source: The Economic Times)
Source: The Economic Times - January 18, 2018 Category: Consumer Health News Source Type: news

Long wait at govt facility? Get free surgery at pvt hospital
Under this scheme, the government is currently facilitating 52 specified surgeries free of cost at private hospitals in Delhi/NCR. No income limit for Delhiites. (Source: The Economic Times)
Source: The Economic Times - January 17, 2018 Category: Consumer Health News Source Type: news

Tata Trusts launches 'Impact Lab' for public health
The 'Impact Lab' will source solutions in chosen areas to improve healthcare of poor and resource challenged communities. (Source: The Economic Times)
Source: The Economic Times - January 16, 2018 Category: Consumer Health News Source Type: news

VPS Healthcare ventures into medical coding
Medical coding is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes. (Source: The Economic Times)
Source: The Economic Times - January 15, 2018 Category: Consumer Health News Source Type: news

Govt needs to increase healthcare outlay in budget: Report
The outlay on healthcare increased by a healthy 28 per cent in the last budget and the allocation is likely to see a similar increase in the forthcoming budget as well, according to a report. (Source: The Economic Times)
Source: The Economic Times - January 15, 2018 Category: Consumer Health News Source Type: news

Fortis, RHT Health extend discussion time by 30 days
Fortis' board had approved the proposed acquisition of entire portfolio of RHT Health Trust (RHT) for an enterprise value of around Rs 4,650 crore. (Source: The Economic Times)
Source: The Economic Times - January 13, 2018 Category: Consumer Health News Source Type: news

After Fortis, health panel to probe Medanta
Medanta authorities said they will cooperate in the probe. “Saurya was given the best treatment for dengue shock syndrome and other complications. (Source: The Economic Times)
Source: The Economic Times - January 13, 2018 Category: Consumer Health News Source Type: news

Domestic medical device makers seek hike in basic custom duty
The industry body urged the government to introspect as to why, even after three years of the 'Make in India' campaign, the medical device manufacturing is still floundering. (Source: The Economic Times)
Source: The Economic Times - January 11, 2018 Category: Consumer Health News Source Type: news

States must use NHM funds for food safety: JP Nadda
Food borne diseases impose a huge economic burden on India amounting to as much as 0.5% of India ’s GDP or about $28 billion, according to researchers. (Source: The Economic Times)
Source: The Economic Times - January 10, 2018 Category: Consumer Health News Source Type: news

State health ministers pledge to set up robust national food testing system
"The Central government is providing support to the tune of Rs 482 crore for the states. As many as 45 state laboratories are to be strengthened," J P Nadda said. (Source: The Economic Times)
Source: The Economic Times - January 9, 2018 Category: Consumer Health News Source Type: news

Radiant looks to buy Max Healthcare stake
Max and Soi declined to comment on what they said was market speculation. A Life Healthcare spokesperson was not available for comment. TPG didn ’t respond to queries. (Source: The Economic Times)
Source: The Economic Times - January 9, 2018 Category: Consumer Health News Source Type: news

Medical Technology Association bats for tax breaks for R & D centres
There are many companies dealing in manufacturing and export of generic pharmaceutical drugs under contract manufacturing arrangement. (Source: The Economic Times)
Source: The Economic Times - January 8, 2018 Category: Consumer Health News Source Type: news

Paracetamol may impair fertility of female offsprings: Study
The findings indicated that paracetamol when taken during pregnancy altered the development of the reproductive systems of female offsprings. (Source: The Economic Times)
Source: The Economic Times - January 7, 2018 Category: Consumer Health News Source Type: news

ESIC's 62% sanctioned post of doctors, nursing staff vacant
There are 10,016 vacancies of doctors, specialist and nursing and paramedical staff against the sanctioned post of 16,100 posts in ESIC, Gangwar said. (Source: The Economic Times)
Source: The Economic Times - January 3, 2018 Category: Consumer Health News Source Type: news

Cabinet nod for AIIMS in Bilaspur, Himachal Pradesh
The new AIIMS which will have 20 speciality and super speciality departments including 15 operation theatres will be completed in 48 months. (Source: The Economic Times)
Source: The Economic Times - January 3, 2018 Category: Consumer Health News Source Type: news

Armed with new data, officials target 'drug-dealing' doctors
Some experts say the focus may cause patients who legitimately need pills to be abandoned by doctors who fear prosecution. (Source: The Economic Times)
Source: The Economic Times - January 2, 2018 Category: Consumer Health News Source Type: news

Price cap on drugs helps patients save Rs 11,365 crore
The government by implementing the provisions of DPCO, 2013 has helped the consumers save Rs 11,365.61 crore, Mandaviya said. (Source: The Economic Times)
Source: The Economic Times - December 29, 2017 Category: Consumer Health News Source Type: news

BJP MP demands setting up of medical regulator for private hospitals
Meenakshi Lekhi said the private healthcare sector was virtually unregulated and the time has come to make them accountable and do business under a specific framework. (Source: The Economic Times)
Source: The Economic Times - December 29, 2017 Category: Consumer Health News Source Type: news

2017: Twin tragedies underlined common man's struggle for healthcare
While the human tragedies in both the Max and Fortis cases pricked the conscience of the society, the repercussions of the two incidents are likely to spill over to the year ahead. (Source: The Economic Times)
Source: The Economic Times - December 29, 2017 Category: Consumer Health News Source Type: news

Drugs, consumables 30-50% of hospital bills, doc fees 10-20%
Slashing the margins on medicines, diagnostic tests, and medical consumables could potentially cut your bill by at least a third in most cases. (Source: The Economic Times)
Source: The Economic Times - December 29, 2017 Category: Consumer Health News Source Type: news

Manipal hospitals may buy Hyderabad's Star Hospitals
The due diligence process with the help of investment bankers is currently on, valuing the Hyderabad-headquartered healthcare services provider at about ?500 crore, three persons familiar with the developments told ET. (Source: The Economic Times)
Source: The Economic Times - December 28, 2017 Category: Consumer Health News Source Type: news

National policy, improved immunisation programme highlights on health front in 2017
The nod to the draft National Medical Commission Bill, 2017, by the Cabinet, towards the end of the year, despite opposition from some quarters, came as a shot in the arm for the health ministry. (Source: The Economic Times)
Source: The Economic Times - December 28, 2017 Category: Consumer Health News Source Type: news

Government hospitals may open doors to private doctors
The labour ministry may offer shorter working hours and the option of operating from their own clinics to such doctors, said a government official. (Source: The Economic Times)
Source: The Economic Times - December 28, 2017 Category: Consumer Health News Source Type: news

Daiichi writes to regulators to block Fortis stake sale talks
​Daiichi wrote to the Securities& Exchange Board of India, the Reserve Bank of India, the BSE and the National Stock Exchange about alleged talks for a stake sale by the Fortis promoters on December 20. (Source: The Economic Times)
Source: The Economic Times - December 27, 2017 Category: Consumer Health News Source Type: news

A father sues to curb junk food as diabetes spreads in India
Since 1990, the percent of children and adults in India who are overweight or obese has almost tripled to 18.8 per cent from 6.4 per cent. (Source: The Economic Times)
Source: The Economic Times - December 26, 2017 Category: Consumer Health News Source Type: news

Max in trouble again, irks Delhi Medical Council this time
Hospital chain has been asked to share a statement of defence along with other documents that back its stance within 15 days. (Source: The Economic Times)
Source: The Economic Times - December 23, 2017 Category: Consumer Health News Source Type: news

Domestic firms volunteer to drop syringe, needle prices over 50%
According to an industry executive who did not wish to be named, the domestically manufactured syringes and needles market together is estimated to be around Rs 1,050 crore. (Source: The Economic Times)
Source: The Economic Times - December 21, 2017 Category: Consumer Health News Source Type: news

Lawmaker writes to PM Narendra Modi urging price caps on 20 medical devices
Several foreign manufacturers, which command a majority share of $5 billion a year medical-technology industry, have opposed price controls, saying they hurt innovation and investment decisions. (Source: The Economic Times)
Source: The Economic Times - December 21, 2017 Category: Consumer Health News Source Type: news

Local stent companies catch fancy of PE players
As multinational stent makers ponder their prospects in India after price controls introduced this year, their local rivals have popped up on the radar of private equity investors. (Source: The Economic Times)
Source: The Economic Times - December 20, 2017 Category: Consumer Health News Source Type: news

Rohit Sathe to head Philips India Healthcare
rior to Philips, he was working with Johnson& Johnson Medical India (JJMI) as Senior Director of Strategy, Key Accounts and International (SAARC) Business. (Source: The Economic Times)
Source: The Economic Times - December 20, 2017 Category: Consumer Health News Source Type: news

Reducing child mortality must be a result of public-private parenthood
According to the ministry of health and family welfare (MoHFW), about 26 million babies are born in India annually, of which 730,000 die within the first month of their lives. (Source: The Economic Times)
Source: The Economic Times - December 15, 2017 Category: Consumer Health News Source Type: news

Randomly shutting hospitals not in public interest: Ficci
While the chamber did not name any particular hospital, it asserted that the Indian healthcare industry is concerned and worried over the recent onslaught of negativity generated following a few unfortunate cases. (Source: The Economic Times)
Source: The Economic Times - December 14, 2017 Category: Consumer Health News Source Type: news

Government to cap profits made by hospitals to stop overcharging
“The govt has formed a nine-member committee to look into the issue of overcharging by private hospitals. The panel will submit its findings and recommendation by December 31,” said Satyendar Jain. (Source: The Economic Times)
Source: The Economic Times - December 14, 2017 Category: Consumer Health News Source Type: news

Delhi to cap profit percentage on drugs in private hospitals
Delhi health minister Jain said the decision was taken after several complaints of astronomical profits being made by private hospitals on medicines and consumables. (Source: The Economic Times)
Source: The Economic Times - December 13, 2017 Category: Consumer Health News Source Type: news

Doctors ’ association proposes self-regulation measures in light of Max hospital controversy
Medical establishments should be mandated to make billing transparent and ensure that all special investigations are “well informed and explained”, recommended IMA. (Source: The Economic Times)
Source: The Economic Times - December 11, 2017 Category: Consumer Health News Source Type: news

Max licence cancellation unites private hospitals against government rules
Hospital chains accuse govt of targeting private players instead of improving public healthcare. Hospitals said, government, instead of over regulation, should support them to serve patients. (Source: The Economic Times)
Source: The Economic Times - December 10, 2017 Category: Consumer Health News Source Type: news

Max Super Specialty made excessive profits on disposable syringes: CCI
CCI in 2015 ordered a probe into allegations that the hospital had colluded with multinational syringe maker Becton Dickinson ’s Indian arm to sell a particular brand of disposable syringes for nearly twice its open market price. (Source: The Economic Times)
Source: The Economic Times - December 6, 2017 Category: Consumer Health News Source Type: news

Indian healthcare market to hit $372 billion by 2022
The report prepared by Assocham and research firm RNCOS said the value of the sector in 2016 stood at USD 110 billon and will see a compounded annual growth rate (CAGR) of 22 per cent. (Source: The Economic Times)
Source: The Economic Times - December 3, 2017 Category: Consumer Health News Source Type: news

Indian healthcare may grow threefold to $372 bn by 2022: Assocham
India's healthcare market may see threefold rise as its size in value terms is likely to reach $372 billion by 2022 from the level of $110 bn as of 2016" an Assocham release said (Source: The Economic Times)
Source: The Economic Times - December 3, 2017 Category: Consumer Health News Source Type: news

Credihealth to raise around Rs 100 cr to fund expansion
At present, people with serious illness who are looking for tertiary care, approach the company's platform as this area has issues of lack of knowledge and transparency, he added. (Source: The Economic Times)
Source: The Economic Times - December 3, 2017 Category: Consumer Health News Source Type: news