Page 7 - Healthcare In India

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Health ministry issues advisory to states, UTs on measures against 'Mpox'

The advisory also directed the states to review public health preparedness particularly at health facility level at the state and districts by senior officials

Punjab docs begin 3-day strike, patients suffer as OPD services suspended

Government doctors in Punjab on Monday suspended outpatient department (OPD) services for three hours across the state to press for their demands, including reinstatement of the assured career progression scheme and adequate security measures for healthcare workers. The protest, being held under the banner of Punjab Civil Medical Services (PCMS) Association, will continue till September 11 in district and sub-divisional hospitals, and community health centres, said the protesting doctors. Many patients visiting these government hospitals were inconvenienced as the OPD services remained suspended from 8 am to 11 am. However, emergency services continued. President of PCMS Association (Patiala unit) Dr Sumeet Singh said the reinstatement of the assured career progression scheme (ACP) is one of the main demands of the protesting doctors. Unlike other departments, doctors do not have many avenues of promotion through the course of their career, which was compensated through the annual

Domestic formulations biz expected to grow 9-10% over next decade: Glenmark

The drug formulations market in India is expected to grow at a CAGR of 9-10 per cent over the next decade with Jan Aushadhi outlets anticipated to emerge as a much stronger player in the country, according to Glenmark Pharmaceuticals. The domestic formulations market is estimated to be at Rs 2 lakh crore, with a growth rate of 11 per cent over the past two decades. "It is projected that the domestic formulations market will maintain a compound annual growth rate (CAGR) of 9-10 per cent over the next decade," the Mumbai-based drug maker said in its Annual Report for 2023-24. As the Trade Generics and Jan Aushadhi channels expand, it is anticipated that these channels could collectively contribute 30 per cent to the market volume in ten years, it stated. The Jan Aushadhi initiative aims to enhance access to cost-effective, unbranded generics by scaling up to 25,000 franchise pharmacies by 2026, it said. "It is estimated that Jan Aushadhi procurement could account for 3-5 per cent o

Medi Assist to fully acquire Paramount Health in a deal worth Rs 400 cr

Medi Assist Healthcare Services, which offers third-party administration services to insurance firms, on Monday said it will fully acquire Paramount Health Services & Insurance TPA in a deal valued at over Rs 400 crore. Medi Assist Insurance TPA, a wholly-owned subsidiary of Medi Assist Healthcare Services, has inked a pact with Fairfax Asia and Nayan Shah & family to acquire Mumbai-based Paramount Health Services & Insurance TPA. Paramount is a prominent player in the TPA space, owned by Fairfax Asia and the Shah family. With the acquisition of Paramount TPA, Medi Assist TPA's market share will grow to 36.6 per cent for the group segment and 23.6 per cent of the health insurance industry, by premiums managed, the company said. The deal was concluded at an enterprise value of about Rs 311 crore, and around Rs 110 crore of cash equivalents will be paid as part of the acquisition, it added. The acquisition represents one of the largest TPA deals in India, subject to ...

Medic rape: AIIMS doctors demand Central Protection Act for medical workers

Junior doctors and medical students at AIIMS Mangalagiri, Andhra also staged a protest and performed a street play to protest against rape and murder of a woman resident doctor in Kolkata

Aster DM Healthcare Q1FY25 results: Net profit rises 81.3% to Rs 81 cr

Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria

Ayushman Bharat, Schedule M on health ministry and DoP's top agenda

Industry sources say Centre is considering increasing coverage under Ayushman Bharat scheme to Rs 10 lakh from the current Rs 5 lakh

Young voters set to shape India's political future in 2024 Lok Sabha Elections

The rising power of young voters in the 2024 Lok Sabha elections: How new demographics are shaping India's political future

Serum Institute responds for first time on Covishield amid safety row

Serum Institute of India says it stopped manufacturing Covishield since December 2021

Healthcare industry announces support for talks on standardising rates

Many industry bodies too had become party to the case, urging the apex court to listen to their grievances as well

Over 5.2 mn medical malpractice cases filed in India annually, shows data

A study from the Indian Journal of Medical Ethics reveals that only 46% of healthcare providers comply with ethical guidelines

Dr Basu Eye Hospital plans to open five new hospitals in India in 5 years

The hospital claims that the costs of their treatments are significantly lower compared to traditional surgeries and modern medical treatments

Sanofi, Cipla join hands to expand reach of CNS portfolio in India

Cipla will leverage its extensive network to distribute Sanofi's CNS portfolio, including Frisium, a leading anti-epileptic drug

S Korea to suspend 2 sr doctors in first punishment for doctors' walkouts

South Korean authorities will suspend the licenses of two senior doctors for allegedly inciting the weekslong walkouts by thousands of medical interns and residents that have disrupted hospital operations, one of the doctors said Monday. The impending suspensions are the punishments against physicians after more than 90% of the country's 13,000 doctors-in-training walked off the job last month to protest the government's plan to sharply increase medical school admissions. Officials say the recruitment plan is aimed at adding more doctors to prepare for South Korea's rapidly aging population in a country whose doctor-to-population ratio is one of the lowest in the developed world. But doctors say schools can't handle an abrupt, steep increase in students, and that it would ultimately undermine the country's medical services. In early March, the government began taking steps to suspend the licenses of striking junior doctors after they refused its orders to return to work by the end o

Sakra Hospital to set up second hospital in Bengaluru for Rs 1,000 crore

Sakra, in collaboration with SECOM and TTC, anticipates a revenue surge of Rs 500 crore by the end of 2024

British conglomerate SayeNvest launches ops in India, to start $500 mn fund

The company aims to provide investment opportunities and drive sustainable development initiatives across diverse sectors

Over 80% of organ transplants between 1995 and 2021 performed on men: Govt

More than 80 per cent of the total 36,640 transplants from dead and living donors between 1995 and 2021 were performed on men, with the government saying it has taken several steps to address the gender disparity in the sphere. According to government data presented in Lok Sabha on Friday in a written response to a question, Minister of State for Health S P Singh Baghel said that of the total transplants, 29,695 were performed on men and 6,945 on women, which translates to a ratio of about 4:1. However, the share of women receiving transplants increased from 27.6 per cent in 2019 to nearly 30 per cent in 2022. The answer came in response to a question asked by YSR Congress Party MP Kuruva Gorantla Madhav. Madhav had asked if the government has taken cognisance of the fact that between 1995 and 2021, four out of five organ recipients have been men in the country and what are the steps taken to address the issue. In his response, Baghel said the government has implemented the Nationa

Increase spending to 2.5% of GDP to improve quality of healthcare: Experts

Dr. Trehan also said that the schemes started by the Government of India, like Ayushman Bharat, are life saviours for people

Employer sponsored health insurance cost to rise 11% in 2024: Report

The report is based on responses from 223 insurers across 58 countries, analysing the key trends that are shaping the future of health care provided by employers