Page 5 - Apollo Hospitals

Hospital expansion, new business scale-up to drive gains for Apollo

While overall revenues saw a 13.8% growth Y-o-Y at Rs 4,850 cr, the hospital segment saw a growth of 12% at Rs 2,463 cr

Apollo Hospitals Q3 results: Profit rises marginally to Rs 245 crore

The hospital chain operator's consolidated net profit rose 59% to Rs 245 crore ($29.5 million) in the three months ended Dec. 31, beating analysts' average estimate of Rs 240 crore, as per LSEG data

Apollo Hospitals plans to invest Rs 3,000 cr, add 2,000 beds in 3 years: MD

Free cash flows will enable health care chain to grow, says Suneeta Reddy

Apollo Hospitals' operator rejects allegations of illegal kidney transplant

UK's Telegraph newspaper reported on Saturday that Apollo was embroiled in a "cash for kidneys" racket in which impoverished people from Myanmar were being enticed to sell their organs for profit

Cash-for-kidneys scam: Ministry orders inquiry against Apollo Hospitals

According to the Telegraph report, poor people from Myanmar "are being flown" to the Indraprastha Apollo Hospital in Delhi to sell "their kidneys to rich Burmese patients"

Cash-for-kidney scam: Notto orders investigation against Apollo hospital

The National Organ and Tissue Transplantation Organisation (NOTTO) under the Union Health Ministry has ordered an inquiry into allegations of cash-for-kidney scam against Indraprastha Apollo hospital, official sources said Tuesday. Director of NOTTO, Dr Anil Kumar has written to Principal Secretary (Health) in the Delhi government to get the matter examined, take appropriate action according to provisions of the Transplantation of Human Organs and Tissues Act (THOTA) 1994 and furnish an action taken report within a week. Dr Kumar has given reference to a media report alleging involvement of Apollo Hospital, Delhi and Dr Sandeep Guleria in running a kidney racket in which impoverished people from Myanmar are being enticed to sell their organs for profit. "The report highlights that such activities may be taking place posing serious threat to health and well-being of vulnerable individuals. As per Transplantation of Human Organs and Tissues Act (THOTA), 1994 CHAPTER IV, Section 13(3)

Stocks to Watch today, Nov 13: Protean, Sun TV, CIL, ONGC, BF Utilities

Stocks to Watch on Monday, November 13, 2023: Shares of Protean eGov Technologies will list on the bourses today

F&O Trading: Adopt Bull Spread strategy on Apollo Hospital

Nandish Shah of HDFC Securities recommends to Buy Apollo Hospital 5400 CALL and simultaneously sell 5600 CALL of the November series.

Apollo Hospitals Q2 profit up 14% to Rs 4,846.9 cr on better patient flows

Apollo looking for another Greenfield hospital in Mumbai is not reported

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Over 50% of benchmark index components defy highs

Breast cancer strikes younger Indian women at an alarming rate: Study

A striking 25 per cent of breast cancer cases among Indian women occurred at the age of 39 years or younger

Apollo Health targets high-end customers with new 'boutique' hospitals

According to Apollo's Q1FY2024 results, both Spectre and Cradle Royale showed a combined in-patient Average Revenue Per Patient of Rs 2.12 lakh

Don't miss a beat: Heart ailments in young women on the rise, shows data

Digital healthcare platform Practo saw a 215 per cent increase in total consultations related to cardiovascular health

Stocks to Watch today, Sep 28: Adani Ports, Apollo Hosp, NBCC, Zee, KEC

Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar

Apollo to acquire partially built hospital in Kolkata region for Rs 102 cr

Apollo Hospitals on Wednesday said it has acquired a partially built hospital at Sonarpur in West Bengal's South 24 Parganas with a total capacity of 325 beds in a bid to ramp up its healthcare capacity in the Eastern region. Future Oncology Hospital and Research Center was acquired in an all cash deal of Rs 102 crore by Apollo Multispecialty Hospitals Ltd, a wholly owned unlisted subsidiary of Apollo Hospitals Enterprises. The acquisition is being fully funded through its own internal accruals, the company informed the bourses. This will be the second Apollo Hospital in the Kolkata region and fifth in the eastern region. The announcement comes close on the heels of Manipal Hospitals acquiring an 84 per cent stake in AMRI Hospitals Ltd having a total of 1,200 beds in three hospitals at an enterprise valuation of Rs 2,500 crore. "The addition of this new facility is part of our planned capacity expansion across the country and will allow us to serve even more people in the region,"

Apollo Hospitals ties up with MotoGP Bharat to provide medical support

Apollo Hospitals on Monday said it has tied up with MotoGP Bharat Grand Prix to provide medical support for the event. The capital-based Indraprastha Apollo Hospital would provide support for the first-ever MotoGP event in India to be held between September 22-24 at the Buddh International Circuit in Greater Noida, Uttar Pradesh. "This partnership is a testament to the diverse strengths that Apollo has to offer to the world," Apollo Hospitals Group Chairman Prathap C Reddy said in a statement. While the hospital's expertise in hospital-based care is well recognised, expertise in handling complex and critical medical conditions that can arise in the world of motorsports is equal if not better, he added. Indraprastha Apollo Hospitals is a joint venture between the Government of Delhi and Apollo Hospitals Enterprise Ltd.

As costly bills hurt patients, rising ARPOB helps improve hospital earnings

ARPOB refers to the average revenue per operating bed which has gone up from Rs 37,397 in FY20 to Rs 57,760 for the first quarter of the ongoing financial year

Apollo Hospitals ties up with Google to offer AI-powered consultations

Through its digital platform Apollo 24/7, Apollo Hospitals aims to enhance the healthcare experience for users, with home delivery of medication and improved clinical decision making as well

Rising acceptance of organ donations is making Chennai a hub of transplants

The biggest reason for Chennai's emergence as a transplant hub is perhaps the rising availability of donors, both living as well as dead

Apollo Hospitals to have 3,000 beds under real-time patient monitoring

This care technology, underpinned by artificial intelligence (AI), also monitors and detects early signs of patient deterioration, enabling timely corrective action