Page 11 - Healthcare

AI in healthcare likely to contribute $30 billion to GDP by 2025: Report

Artificial Intelligence (AI) in healthcare is projected to contribute USD 25-30 billion to India's GDP by 2025, enhancing accessibility, diagnostics, and treatment outcomes, according to a report by Deloitte. Government-backed initiatives like the IndiaAI Mission and the Digital Personal Data Protection Act, 2023, are setting the stage for a digitally empowered healthcare ecosystem, ensuring responsible AI integration and enhanced data security, it noted. As per the report -- "Digital Healthcare- Top 10 Myths Debunked Digital Health & AI", AI adoption in healthcare has surged past 40 per cent, surpassing sectors such as FMCG (30 per cent) and manufacturing (25 per cent). Deloitte India Life Sciences and Health Care Industry Leader Joydeep Ghosh noted that India's digital healthcare ecosystem is rapidly advancing, with AI-powered diagnostics, MedTech innovations and digital health records transforming patient care. India's surgical consumables and disposables exports reached USD ...

Rewrite clinical trial rules to boost mkt share: Healthcare experts to govt

As of 2022, India held an 8% share in global clinical trials - which evaluate the safety and effectiveness of new treatments - compared to China's 29%

Trump to sign order to reinforce rules for healthcare cost transparency

The order directs regulators to update their enforcement policies to make sure health care providers and insurers are complying with the rules, first issued in 2019

Biocon Biologics launches biosimilar alternative to Stelara in the US

YESINTEK is approved for Crohn's disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis, offering a cost-effective treatment for chronic autoimmune diseases

KKR picks up 54% stake in cancer hospital chain HCG for Rs 3,465 crore

PE firm to make open offer to buy additional 26% for Rs 1,600 cr

Govt extends Rajeev Singh Raghuvanshi's tenure as DCGI by one year

Raghuvanshi, who took charge as DCGI on February 23, 2023, was initially set to superannuate on February 28 this year

'Only worried about votes': HC slams Bengal govt over hospital neglect

The Calcutta High Court criticised the state government for failing to upgrade rural hospitals, questioning why a 10-bed facility from 1976 remains unchanged despite growing healthcare needs

'Healthcare revolution for India': AIIMS professor hails Blinkit ambulance

Professor Agrawal described the basic life support services provided to the patient in the ambulance before being brought to the AIIMS Trauma Centre

Kerala govt allocates additional Rs 300 cr for integrated healthcare scheme

The Kerala government has allocated an additional Rs 300 crore for Karunya Arogya Suraksha Padhathi (KASAP), its integrated health protection scheme designed to provide coverage to over 64 lakh poor and vulnerable people in the state. With this additional allocation, the total amount earmarked for the flagship scheme in the present financial year has gone up to Rs 978.54 crore, state Finance Minister K N Balagopal said in a statement on Sunday. According to government sources, KASAP aims at providing a health cover of Rs 5 lakh annually to over 41.99 lakh poor and vulnerable families (approximately 64 lakh beneficiaries) that form the bottom 40 per cent of the Kerala population. A total of Rs 700 crore has already been earmarked for the scheme in the state budget for the next financial year, he noted. The minister said that deserving families are provided with free treatment up to Rs 5 lakh per year, benefiting a total of 41.99 lakh poor and vulnerable individuals. Currently, the

Providing top medical facilities to every Indian our priority: Nadda

Union Health Minister J P Nadda Saturday said providing top medical facilities to every Indian is the government's priority and the country has succeeded to a great extent in this direction under Prime Minister Narendra Modi's leadership. At the inauguration of the AIIMS Oncology Conclave 2025 at the National Cancer Institute in Jhajjar, he said that in the past people had to sell their homes and land to afford treatments like cancer care. However, with initiatives such as Pradhan Mantri Jan Arogya Yojana, Ayushman Bharat and the availability of affordable cancer medicines, all patients can now easily access the treatment they need, he said. The Union Minister said that "under the able leadership of Prime Minister Narendra Modi and the hard work of doctors and scientists, we have been successful to a great extent" in achieving the goal of providing top medical facilities to every Indian. Before the event, Nadda inaugurated the Bone Marrow Transplant Unit, Radio Nucleotide Therapy .

Dr Agarwal's Health Care Q3 results: Net profit grows to Rs 28.24 cr

Dr Agarwal's Health Care Ltd has logged a consolidated profit after tax of Rs 28.24 crore for the October-December 2024 quarter, the company said. The city-headquartered eye care provider had registered a profit after tax of Rs 22.59 crore during the corresponding quarter of last financial year. The company had registered a profit after tax of Rs 67.79 crore for the nine month period ending December 31, 2024 as compared to a profit after tax of Rs 53.73 crore registered in the year ago period. Commenting on the financial performance, Dr Agarwal's Health Care Ltd CEO Dr Adil Agarwal said, "We have delivered a robust growth of 29.5 per cent in revenue and 26.3 per cent in EBITDA. We have continued to witness strong growth in both patient footfalls and the number of surgeries performed." "Our commitment to providing exceptional care, along with investments in cutting-edge technology, positions us for long-term success. While we have maintained our growth trajectory, we remain committe

Eyecare hospital chain MaxiVision plans expansion in Maharashtra, eyes IPO

MaxiVision is also setting its sights on the stock market, with plans to go public within the next two years

Fortis Healthcare to acquire 228 bed hospital in Punjab for Rs 462 crore

Move aims to strengthen chain's Punjab cluster with over 1,000 beds

Robert Kennedy to take top US health job after Senate confirmation

The confirmation paves the way for him to be sworn in to the job overseeing multiple high-profile agencies, including the FDA and Centers for Disease Control and Prevention

Mumbai reports first GBS death as Maharashtra toll climbs to eight

The patient, who was a resident of the Wadala area, was admitted to BMC-run Nair Hospital on January 23, 2025, after experiencing weakness in his legs

Apollo Hospitals to expand presence in metros with five new hospitals

The expansion will include a 500-bed facility in Gurugram, a new hospital in Hyderabad, a women-focused cancer centre in Delhi, and additional facilities in Kolkata and Pune

A health financing perspective: Fiscal space for social sectors shrinking

In the 2025-26 Budget, the finance minister addressed public health seven times, emphasising accessible, high-quality, and affordable healthcare

Adani to spend Rs 6,000 cr on setting up health infra with Mayo Clinic

Adani Group will spend Rs 6,000 crore in setting up two 1,000-bed multi-specialty hospitals and medical colleges in Mumbai and Ahmedabad in partnership with Mayo Clinic. The expenditure is part of Rs 10,000 crore that Gautam Adani, chairman of Adani Group, had pledged when his younger son Jeet got married last week. Mayo Clinic, the world's largest integrated not-for-profit medical group practice, will provide technical expertise, Adani Group said in a statement. "Adani Group will fully meet the cost of building affordable, world-class medical care and medical education to people from all strata of society pan India," it said. "The family will donate upwards of Rs 6,000 crore to build the first two of these integrated health campuses in Ahmedabad and Mumbai." Gautam Adani has plans for more such integrated Adani Health Cities in cities and towns across India, the statement said without giving details. Each of these integrated campuses will comprise 1,000-bed multi-super-specialty

Mumbai reports its first case of GBS, 64-year old woman hospitalised

Mumbai reported its first case of Guillain-Barre Syndrome (GBS) on Friday after a 64-year-old woman was diagnosed with the rare nerve disorder, civic officials said. GBS is a rare condition in which a person's immune system attacks the peripheral nerves, resulting in muscle weakness, loss of sensation in the legs and/or arms, as well as problems swallowing or breathing. Talking to PTI, Brihanmumbai Municipal Corporation (BMC) commissioner and its state-appointed administrator Bhushan Gagrani said the patient was currently undergoing treatment in the Intensive Care Unit (ICU) of a civic-run hospital. BMC officials said the woman, who resides in Andheri (East) area of the city, was hospitalised with a history of fever and diarrhoea that was followed by ascending paralysis. The woman was initially hospitalized on January 21. Within three days, she developed difficulty in walking and progressive weakness in her lower limbs, they said. A provisional diagnosis of Acute Inflammatory ...

Emcure Pharmaceuticals Q3FY25: Profit grows 35.4%, revenue soars 17.6%

Sequentially, the revenue from operations fell by 1.9 per cent, with net profit also falling by 20.9 per cent