Fortis Healthcare signs definitive agreement to acquire assets of RHT Health Trust
Fortis board aimed at consolidating the entire Indian asset portfolio (12 clinical establishments, 4 greenfield clinical establishment and 2 operating hospitals). (Source: The Economic Times)
Source: The Economic Times - February 13, 2018 Category: Consumer Health News Source Type: news

Modicare-like option in ESI faces heat from RSS affiliate
Trade union members of the ESIC are opposing the government ’s plan to introduce health insurance schemes offered by other insurers as an option for employees. (Source: The Economic Times)
Source: The Economic Times - February 13, 2018 Category: Consumer Health News Source Type: news

Surgical strike! Prices of drug eluting stents cut
Coronary stents are wire mesh tubes inserted into coronary arteries to clear blockages and prevent heart attacks. (Source: The Economic Times)
Source: The Economic Times - February 13, 2018 Category: Consumer Health News Source Type: news

Drug eluting stents expected to get cheaper
The maximum price that patients should pay for drug eluting, bioresorbable vascular and biodegradable coronary stents was reduced to Rs 27,890, excluding goods and service tax (Source: The Economic Times)
Source: The Economic Times - February 12, 2018 Category: Consumer Health News Source Type: news

Modicare: Big government push for healthcare? Key schemes face cut in funds
Contrary to the impression of an increased focus on health in the budget for 2018-19, not only has the overall allocation for health gone up only marginally over the revised estimates for the current year, the allocation for important programmes has actually been slashed. (Source: The Economic Times)
Source: The Economic Times - February 12, 2018 Category: Consumer Health News Source Type: news

GST to hit GSK Consumer's global growth, says CFO Simon Dingemans
UK healthcare company, the maker of Boost and Horlicks, also lists other factors for subdued show in 2018. (Source: The Economic Times)
Source: The Economic Times - February 12, 2018 Category: Consumer Health News Source Type: news

GST to hit GSK Consumer's global growth: Simon Dingemans, Global CFO
UK healthcare company, the maker of Boost and Horlicks, also lists other factors for subdued show in 2018. (Source: The Economic Times)
Source: The Economic Times - February 12, 2018 Category: Consumer Health News Source Type: news

Triple whammy: You can get dengue, malaria, chikungunya at the same time
Researchers at Jamia Millia Islamia (JMI) have reported two such cases in the medical journals Intervirology and Virus Disease. (Source: The Economic Times)
Source: The Economic Times - February 11, 2018 Category: Consumer Health News Source Type: news

Only 898 psychologists against requirement of 20,250: Government
According to the 2011 Census, more than 7.22 lakh people across the country were suffering from "mental illness", while over 15 lakh were "mentally retarted". (Source: The Economic Times)
Source: The Economic Times - February 10, 2018 Category: Consumer Health News Source Type: news

Fortis Hospitals to get loaned money back by 2018-19 fiscal's Q1-end
The company response comes after reports pointed out that the loan was given to companies that are a part of its promoter's group. (Source: The Economic Times)
Source: The Economic Times - February 9, 2018 Category: Consumer Health News Source Type: news

Singh brothers are said to have taken $78 million out of Fortis
The funds were reported on the balance sheet of Fortis as cash and cash equivalents, but the money was routed and placed under the control of the Singhs. (Source: The Economic Times)
Source: The Economic Times - February 9, 2018 Category: Consumer Health News Source Type: news

Malvinder Singh and Shivinder Singh resign from Fortis Healthcare board
The resignation is intended to free the organisation from any encumbrances that may be linked to the promoters, the resignation letter said. (Source: The Economic Times)
Source: The Economic Times - February 8, 2018 Category: Consumer Health News Source Type: news

Malaysia ’s IHH, Temasek eye majority stake in Medanta
IHH Healthcare, the world ’s second-largest hospital chain by market value, is keen on becoming a strategic partner to Trehan, a well-known cardiovascular surgeon turned medical entrepreneur, who will retain significant minority ownership. (Source: The Economic Times)
Source: The Economic Times - February 6, 2018 Category: Consumer Health News Source Type: news

Aster Health tweaking business strategy to align with 'Modicare'
​It has also announced an initial public offering of fresh shares in India. The Rs 725-crore ​IPO will open on February 12​ ​at a price band of Rs 180-190 per share.​ (Source: The Economic Times)
Source: The Economic Times - February 6, 2018 Category: Consumer Health News Source Type: news

Price cap on cardiac stents stifling innovation, harming patients: Manufacturers
The industry leaders demanded the expansion of the National List of Essential Medicines (NLEM) board evaluating the price-capping issue by including different stakeholders with fair representation. (Source: The Economic Times)
Source: The Economic Times - February 6, 2018 Category: Consumer Health News Source Type: news

Rs 2,500 per family a year needed for inpatient costs, shows data
For every 1,000 persons covered, going by the hospitalisation rate of 4% (a rate that has been steadily rising as shown by surveys since 1995-96), about 40 persons will require hospitalisation each year. (Source: The Economic Times)
Source: The Economic Times - February 4, 2018 Category: Consumer Health News Source Type: news

Tatas to begin 17 cancer care centres across Assam from 2019
The group will sign a Memorandum of Understanding during the ongoing 'Advantage Assam' summit with the state government. (Source: The Economic Times)
Source: The Economic Times - February 3, 2018 Category: Consumer Health News Source Type: news

Tatas to begin 17 cancer care cantres across Assam from 2019
The group will sign a Memorandum of Understanding during the ongoing 'Advantage Assam' summit with the state government. (Source: The Economic Times)
Source: The Economic Times - February 3, 2018 Category: Consumer Health News Source Type: news

How the Rs 3, 500 crore damages against Singh Brothers was arrived at
The Arbitral Tribunal rejected Singhs ’ plea that the petitioner suffered no loss as a result of the transaction. (Source: The Economic Times)
Source: The Economic Times - February 3, 2018 Category: Consumer Health News Source Type: news

Finances will never be a problem for NHPS: J P Nadda
NHPS is aimed at benefiting 10 crore poor families by providing coverage of up to Rs 5 lakh per family per year for secondary and tertiary health care. (Source: The Economic Times)
Source: The Economic Times - February 2, 2018 Category: Consumer Health News Source Type: news

Modicare: What we know so far about 'world's biggest healthcare' scheme
Niti Aayog estimates NHPS will cost the government Rs 5000-6000 crore at a premium of RS 1000-1200 per family assuming 50% coverage in the first year. (Source: The Economic Times)
Source: The Economic Times - February 2, 2018 Category: Consumer Health News Source Type: news

Health gets a super pill, but where ’s the money?
Aiming for one medical college for every three parliamentary constituencies, government also announced plans to set up 24 new colleges and upgrade existing district hospitals. (Source: The Economic Times)
Source: The Economic Times - February 2, 2018 Category: Consumer Health News Source Type: news

AYUSH Ministry allocation in Budget increased by 13 per cent
The total expenditure on central sector schemes and projects carried out by the ministry has been estimated at Rs 71.36 crore. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

Are you a depression patient? Don't look to the Budget for hope
Yet again, the Union Budget has brought depressing news for India's large mentally-ill population. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

Hospital chains cheer FM Jaitley ’s 'world's largest insurance scheme'
The National Health Protection Scheme proposed in Budget 2018, is therefore a step towards universal health coverage, industry executives said. (Source: The Economic Times)
Source: The Economic Times - February 1, 2018 Category: Consumer Health News Source Type: news

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