Healthcare network Temasek buys Rs 1k-crore Manipal stake
India's healthcare industry is projected to grow at a compounded annual growth rate of 13%, hitting Rs 6.85 lakh crore by 2020, on the back of improving healthcare affordability. (Source: The Economic Times)
Source: The Economic Times - September 18, 2017 Category: Consumer Health News Source Type: news

Domestic stent makers gain on the back of price caps
This year, domestic stent firms are aiming for 60 per cent of the market estimated to be Rs 1,200 crore now due to a drop in the average prices of the stents, Rajiv Nath, AiMeD told ET. (Source: The Economic Times)
Source: The Economic Times - September 14, 2017 Category: Consumer Health News Source Type: news

Digital dispensaries take affordable healthcare to remote locations
Despite years of state planning and spending billions of rupees, India has not managed to reach affordable, quality healthcare to most of its citizens. (Source: The Economic Times)
Source: The Economic Times - September 13, 2017 Category: Consumer Health News Source Type: news

Whether polio or meningitis, India has shown way in health innovation: Melinda Gates, Gates Foundation
"One of the fantastic things I see in India are self-help groups led by women. They're explaining, culturally, to young women why things like exclusive breastfeeding are important", said Gates. (Source: The Economic Times)
Source: The Economic Times - September 13, 2017 Category: Consumer Health News Source Type: news

Medtronic recalls 5,000 MiniMed infusion sets from India
The voluntary recall is not expected to impact Medtronic ’s ‘Diabetes Group’ revenue growth in the second quarter or the full fiscal year, stated the company. (Source: The Economic Times)
Source: The Economic Times - September 12, 2017 Category: Consumer Health News Source Type: news

Government to revisit stent price control in February
The government is expected to hold discussions to decide on these requests only in February, a year after it first capped prices of these life-saving devices. (Source: The Economic Times)
Source: The Economic Times - September 11, 2017 Category: Consumer Health News Source Type: news

After dissolvable stent 'Absorb', Abbott moves to withdraw 'Xience Alpine'
Abbott publicly announced intentions to stop global sales of dissolvable scaffold ‘Absorb’, which has been mired in controversy for risks related to it, by September 14. (Source: The Economic Times)
Source: The Economic Times - September 11, 2017 Category: Consumer Health News Source Type: news

CCI to study unfair practices in Indian pharma, healthcare
The body initially expects to engage an agency to conduct a pilot study on a smaller sample within four months of awarding the contract. (Source: The Economic Times)
Source: The Economic Times - September 8, 2017 Category: Consumer Health News Source Type: news

India, Indonesia far behind in measles vaccination: WHO
Together they account for 91 per cent of unvaccinated children in the region, with India alone accounting for 67 per cent of the children missing immunisation. (Source: The Economic Times)
Source: The Economic Times - September 7, 2017 Category: Consumer Health News Source Type: news

National policy to fight drug abuse on cards
A group of ministers (GoM) headed by Home Minister Rajnath Singh gave its go-ahead to the policy in July and now the ministry of social justice is set to bring it before the Cabinet. (Source: The Economic Times)
Source: The Economic Times - September 6, 2017 Category: Consumer Health News Source Type: news

Delhi HC reserves decision on Daiichi's Rs 2,500 crore award against Fortis promoters
In 2013, Daiichi took Singhs to a Singapore tribunal, which last April directed the brothers to pay the firm Rs 2,562 crore for concealing information regarding wrongdoing at Ranbaxy. (Source: The Economic Times)
Source: The Economic Times - September 6, 2017 Category: Consumer Health News Source Type: news

Gurveen Singh to head Reckitt Benckiser's Global HR
India-born Gurveen Singh, currently RB ’s head of HR for developing markets based in Dubai, will succeed Deborah Yates. (Source: The Economic Times)
Source: The Economic Times - September 5, 2017 Category: Consumer Health News Source Type: news

Hospitals liable to pay if consulting doctors involved in medical negligence
Shakila was taken to a neurospecialist at Apollo Hospital who went through the medical record and opined that there was negligence in performing the first surgery. (Source: The Economic Times)
Source: The Economic Times - September 4, 2017 Category: Consumer Health News Source Type: news

Roche Diagnostics India looks at 15 per cent IVD market share in 2 years
Roche Diagnostics is part of Swiss healthcare major Roche. It sells devices and equipment to labs and hospitals and is mainly present in the business-to-business space. (Source: The Economic Times)
Source: The Economic Times - September 3, 2017 Category: Consumer Health News Source Type: news

Manipal Group to buyout TTK's stake in Cigna TTK Health Insurance
Post the transaction, Manipal will own 51% stake. The company has a share capital of Rs 250 crore. With this round, share capital will expand to Rs 350 crore. (Source: The Economic Times)
Source: The Economic Times - September 1, 2017 Category: Consumer Health News Source Type: news

Setback for Singh brothers: SC declines permission to sell pledged shares in Fortis Healthcare
The court clarified that the promoters ’ companies have to maintain the status quo of their encumbered and unencumbered shares in the hospital group. (Source: The Economic Times)
Source: The Economic Times - August 31, 2017 Category: Consumer Health News Source Type: news

Room rent in hospitals exempted from GST
"Declared or published tariff is relevant only for the determination of the tax rate slab," the clarification issued in form of Frequently Asked Questions (FAQs) said. (Source: The Economic Times)
Source: The Economic Times - August 29, 2017 Category: Consumer Health News Source Type: news

Rs 50 lakh: What H1N1 costs some patients
An Alibaug family is staring at a hospital cost of more than Rs 25 lakh after their daughter needed over a month of intensive care to beat the virus. (Source: The Economic Times)
Source: The Economic Times - August 28, 2017 Category: Consumer Health News Source Type: news

NPPA threatens legal action against 40 hospitals for not displaying knee implant prices
The drug pricing watchdog has threatened action against these hospitals, which were expected to make the revised prices available online so that patients would easily know how much they would be charged for these implants at different institutions. (Source: The Economic Times)
Source: The Economic Times - August 26, 2017 Category: Consumer Health News Source Type: news

Fortis promoters seek SC approval to sell shares pledged with banks, FIs
SC has directed RHC Holdings and Oscar Investments, cos controlled by the Singhs, to maintain “status quo” with regards to shareholding of FHHPL in the hospital group. (Source: The Economic Times)
Source: The Economic Times - August 23, 2017 Category: Consumer Health News Source Type: news

SRL Diagnostics ’ demerger from Fortis Healthcare deferred yet again
The National Company Law Tribunal (NCLT) in Chandigarh, expected to make a decision on the demerger, will now hear the matter in early October. (Source: The Economic Times)
Source: The Economic Times - August 23, 2017 Category: Consumer Health News Source Type: news

Healthcare Global to set up 12 new hospitals in 18 months
Healthcare Global plans to expand its network of cancer care centres to about 30 from 21 now, and will add a few more IVF clinics to its existing network, Kumar told ET. (Source: The Economic Times)
Source: The Economic Times - August 22, 2017 Category: Consumer Health News Source Type: news

Only 20% IVF clinics, 2% ART units registered with ICMR
The demand for IVF and ART services is rising and could be linked to emerging demographics. There is a rise in the proportion of women in reproductive age of 20-44 years (Source: The Economic Times)
Source: The Economic Times - August 21, 2017 Category: Consumer Health News Source Type: news

Many charity hospitals misuse tax breaks: CAG
Many charitable trusts receiving significant amounts in gross receipts were not being selected for scrutiny by the I-T department, according to CAG. (Source: The Economic Times)
Source: The Economic Times - August 21, 2017 Category: Consumer Health News Source Type: news

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(Source: The Economic Times)
Source: The Economic Times - August 17, 2017 Category: Consumer Health News Source Type: news

Cap prices of drugs & medical appliances also: Doctors' body
ADEH has submitted a detailed document regarding the prices of various types of implants and medicines to the chairman of the National Pharmaceutical Pricing Authority. (Source: The Economic Times)
Source: The Economic Times - August 17, 2017 Category: Consumer Health News Source Type: news

Centre plans to sell generic medicines at fuel stations
Power, coal and renewable energy minister Piyush Goyal said the MoU was an example of how the Narendra Modi government worked as a single unit. (Source: The Economic Times)
Source: The Economic Times - August 17, 2017 Category: Consumer Health News Source Type: news

After cardiac stents, government now caps knee implants price, cuts MRP sharply
The decision comes a day after PM Narendra Modi announced from the ramparts of Red Fort in his Independence-Day speech that prices of knee surgery would be brought down. (Source: The Economic Times)
Source: The Economic Times - August 16, 2017 Category: Consumer Health News Source Type: news

After cardiac stents, government now caps knee implants price
The decision comes a day after PM Narendra Modi announced from the ramparts of Red Fort in his Independence-Day speech that prices of knee surgery would be brought down. (Source: The Economic Times)
Source: The Economic Times - August 16, 2017 Category: Consumer Health News Source Type: news

Government working on steps to bring down knee surgery costs: PM Narendra Modi
In his Independence Day speech from the ramparts of the Red Fort here, he said that cheap medicines, being made available through 'Jan Aushadhi Kendras' have been a blessing for the poor. (Source: The Economic Times)
Source: The Economic Times - August 15, 2017 Category: Consumer Health News Source Type: news

Now, a website for blood banks; 117 banks listed
The West Bengal Government had initially selected five blood banks for the purpose. “At present details of all 117 blood banks are uploaded,“ Bhattacharyay said. (Source: The Economic Times)
Source: The Economic Times - August 12, 2017 Category: Consumer Health News Source Type: news

Supreme Court tells Singh Bros to maintain shares in Fortis
The court also issued notice to the companies, which are expected to submit a response before the next date of hearing likely in four weeks. (Source: The Economic Times)
Source: The Economic Times - August 11, 2017 Category: Consumer Health News Source Type: news

Implants in repeat knee surgeries can cost as much as Rs 9 lakh: Pricing Regulator
A revision knee surgery requires a completely different implant and instrument set, according to companies that manufacture knee implants. (Source: The Economic Times)
Source: The Economic Times - August 9, 2017 Category: Consumer Health News Source Type: news

Centre mulls waiving off clinical trials on humans for critical drugs
Though such waivers are still approved by the drug regulator on case to case basis, the ministry now plans to bring in legal provisions under the proposed rules. (Source: The Economic Times)
Source: The Economic Times - August 5, 2017 Category: Consumer Health News Source Type: news

Trade margins on knee implants as much as 300%, says regulator
A total knee system can cost a patient as much as Rs 4.13 lakh and a minimum of Rs 59,091, while import prices ranged between Rs 23,408 and Rs 65,781, the regulator said. (Source: The Economic Times)
Source: The Economic Times - August 4, 2017 Category: Consumer Health News Source Type: news

IGST a bitter pill for patients with rare disorders as medicines attract 5%-12%
While life-saving medicines imported for personal use would continue to be exempt from basic customs duty, they are not exempt from IGST. (Source: The Economic Times)
Source: The Economic Times - August 4, 2017 Category: Consumer Health News Source Type: news

Syngene plans to scale up for biologics
Syngene, an arm of Biocon, is expanding its capital investment as it waits to complete a 40-acre, $100-million research facility in Mangalore. (Source: The Economic Times)
Source: The Economic Times - August 4, 2017 Category: Consumer Health News Source Type: news

NPPA moves to prevent distributors from taking higher cuts on stents
Through this move, NPPA has plugged the gap for ‘manipulating’ trade margins in coronary stents, the regulator’s chairman stated on Twitter. (Source: The Economic Times)
Source: The Economic Times - August 3, 2017 Category: Consumer Health News Source Type: news

Nalinikanth is President & CEO of GE Healthcare, Wipro GE Healthcare
He succeeds Milan Rao, who has decided to pursue opportunities outside of GE, and will be joining Wipro after four successful years with the company. (Source: The Economic Times)
Source: The Economic Times - August 2, 2017 Category: Consumer Health News Source Type: news

For Indian doctors, it's written in the genes not stars
MedGenome has seen the number of samples triple for genetic tests in of samples triple for genetic tests in the last one year. (Source: The Economic Times)
Source: The Economic Times - August 1, 2017 Category: Consumer Health News Source Type: news

JP Morgan eyes SevenHills ’ control with $185m debt buy
JP Morgan is discussing debt mop-up from lenders led by Axis Bank so that it could push for strategic changes in business, and prepare it for an eventual sale. (Source: The Economic Times)
Source: The Economic Times - July 31, 2017 Category: Consumer Health News Source Type: news

Bar expenditure by firms for referral fees to docs: CAG
The CAG has also recommended to CBDT to prescribe measurable parameters for assessment of charitable activities undertaken by private hospital trusts. (Source: The Economic Times)
Source: The Economic Times - July 28, 2017 Category: Consumer Health News Source Type: news

Follow notification on capping prices of stents: Health minister to hospitals
The government on February 13 slashed by up to 85 per cent the prices of life-saving coronary stents, tiny metal tubes inserted into the narrowed coronary arteries. (Source: The Economic Times)
Source: The Economic Times - July 25, 2017 Category: Consumer Health News Source Type: news

Poor spend a fortune on even basic healthcare
An AIIMS study showed that most patients, whether from the lower or middle class, were concerned about their out-of-pocket expenditure, which is high even in public hospitals. (Source: The Economic Times)
Source: The Economic Times - July 25, 2017 Category: Consumer Health News Source Type: news

Niti Aayog's healthcare PPP needs clarity: Hospitals
Niti Aayog ’s proposal pushes for PPPs focussed on cancers, heart conditions and respiratory tract diseases in non-metros. (Source: The Economic Times)
Source: The Economic Times - July 23, 2017 Category: Consumer Health News Source Type: news

Over 2 million enrolled in India's quit tobacco programme in a year: WHO
Considering the high interest in quitting among tobacco users, govt launched a bilingual countrywide programme in Jan 2016, and a national toll-free quitline in May 2016. (Source: The Economic Times)
Source: The Economic Times - July 23, 2017 Category: Consumer Health News Source Type: news

Less than one doctor for 1000 population in India: Government to Lok Sabha
There were a total 10,22,859 allopathic doctors registered with the state medical councils or Medical Council of India as on March 31 this year. (Source: The Economic Times)
Source: The Economic Times - July 21, 2017 Category: Consumer Health News Source Type: news