Page 26 - Healthcare

Canara Bank launches loan products to meet hospitalisation expenses

State-owned Canara Bank on Wednesday launched a slew of new products, including a loan scheme to meet shortfall of hospital expenditure. A healthcare-focused loan product called Canara Heal is aimed at meeting the shortfall of hospitalisation expenditure while settling through TPA healthcare insurance claims of self and/or dependents, the bank said in a statement. The loan for meeting hospital expenses will be available at 11.55 per cent per annum on a floating basis and 12.30 per cent at fixed interest rate basis. The healthcare loan facility is available for customers whose treatment bill exceeds the insurance limit. The bank also introduced a customised savings account for women called Canara Angel with unique features such as cancer care policy, pre-approved personal loan Canara ReadyCash and online loan against term deposit product Canara MyMoney, it said. It is free of cost for women at the time of opening a savings account, it said, adding that existing women customers can

Eyestem gets CDSCO nod to conduct human trials to treat retinal vision loss

Dry age-related macular degeneration (AMD) causes degeneration of retinal cells resulting in vision loss in people over the age of 60

Rise in number of C-sections across India between 2016 and 2021: Study

A caesarean section (C-section) delivery is a surgical technique that involves making an incision in the mother's belly to deliver one or more infants

INDIA bloc urges 'immediate release' of Kejriwal and Soren at Delhi rally

Sunita Kejriwal, conveyed her husband Delhi Chief Minister Arvind Kejriwal's pledge for continuous power supply, accessible quality education and healthcare

PE firm Olympus to sell 9.8% stake in India's Aster DM for up to $234.5 mn

Olympus Capital, which owns about 19% stake in the hospital chain, is planning the sale at 400-437.20 rupees per share

Health tech company HiLabs raises $39 million in Series B financing

The capital will support the firm's continued enhancement of the technology as well as recruitment of top-tier talent and expansion of its product teams

67% of Indian healthcare companies form ESG boards: EY-CII report

According to the report, 21 per cent of these companies' spending in R&D was dedicated towards environmental and social activities

World Kidney Day 2024: All you need to know about kidney wellbeing

World Kidney Day will be celebrated on the second Thursday of March 2024 so this year it will fall on 14 March. The day is dedicated to raising awareness about the importance of the health of kidneys

'Zero-food children' report attempt to sensationalise fake news: WCD

The Union Ministry of Women and Child Development Tuesday denounced a recently published article on "zero-food children" in India, and labelled it as a deliberate and malicious attempt to sensationalise fake news. In a statement, the ministry said the article lacked primary research and made misleading assertions. The article referred to was published recently in the peer-reviewed journal JAMA Network Open. The study claimed the prevalence of "zero-food children" in India was at 19.3 per cent and drew attention to extreme food deprivation among children. It also ranked India as having the third-highest percentage of "zero-food children", after only Guinea (21.8 per cent) and Mali (20.5 per cent). In terms of numbers, the report claimed, India has the highest number of "zero-food children" at more than six million. Zero-food children is a term used to refer to children between six and 23 months old who did not consume any milk, formula or food in the last 24 hours. However, the ...

Covid has cut life expectancy globally, reversing past progress: Lancet

Global life expectancy dropped by 1.6 years between 2019 and 2021, a sharp reversal from past improvements, according to a research published in The Lancet journal. One of the first to fully evaluate demographic trends in the context of the first two years of the COVID-19 (coronavirus) pandemic, the study has published findings, which researchers said, could have implications for health systems, economies and societies around the world. The findings also included those of an ageing worldwide population. The study found that life expectancy declined in 84 per cent of countries and territories during this time. This demonstrated the "devastating potential impacts of novel pathogens", the researchers said. Places such as Mexico City, Peru and Bolivia experienced some of the largest drops, the study found. The researchers also found a marked increase in adult mortality rates globally during the pandemic in 2020 and 2021, reversing past decreasing trends. However, child mortality cont

On fitness track: More women prioritise physical health, shows data

Data from healthcare platforms reveals surge in cardiac consultations, preventive checkups

Wipro's health care deals get an artificial intelligence booster shot

"Large deals with committed business transformation and business value delivered through AI, automation, and platform modernisation, are in the pipeline," said Kumar

Wipro GE Healthcare plans to launch 40 new products across the spectrum

The med-tech firm also collaborated with the Medanta group of hospitals to launch Tele-ICU services in India as Medanta e-ICU project

Private hospitals write to health ministry over rate standardisation

Better insurance cover would enhance price transparency

Who is Radhika Merchant? Know everything about Ambani family's new member

Radhika Merchant and Anant Ambani are going to tie the knot in July 2024. Here is all you need to know about Radhika Merchant

Explained: Eli Lilly's 'miracle' weight-loss drug soon to enter India

The American pharmaceutical giant is set to introduce its obesity drug, a competitor to Nova Nordisk's Ozempic, in India as early as next year

Major hospital chains report increase in average revenue per occupied bed

The increase in ARPOB comes despite significant bed additions by hospitals in the past two financial years

Eyeing $1 bn revenue, Happiest Minds revamps organisational structure

Each new industry group will be led by a head who will frame the strategy, business plan, go-to-market, sales, domain capability, and overall customer and people experience

Health care companies check market pulse with IPOs after pandemic

Noticeably, a large number of hospital chains have tapped the public markets. Some of them include Yatharth Hospital, Jupiter Life Line and Global Healthcare

Providence Health bulks up India services unit to tap more clients

The facility, which currently employs around 1,400 people, plans to partner with more hospital operators and, with it, increase its headcount to 3,500 next year, CEO Rod Hochman told Reuters