Page 29 - Healthcare

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

Suffered mild stroke around six weeks ago, says Zerodha's Nithin Kamath

Zerodha Co-Founder and CEO Nithin Kamath on Monday disclosed that he suffered a "mild stroke" six weeks ago. "Around 6 weeks ago, I had a mild stroke out of the blue. Dad passing away, poor sleep, exhaustion, dehydration, and overworking out -- any of these could be possible reasons," he revealed in a post on X. While disclosing about his health, Kamath said he had noticed his face drooping and struggled with reading and writing. He expects full recovery in 3-6 months. "I've gone from having a big droop in the face and not being able to read or write to having a slight droop but being able to read and write more. From being absent-minded to more present-minded. So, 3 to 6 months for full recovery," he said. He further said, "I wondered why a person who's fit and takes care of himself could be affected. The doctor said you need to know when you need to shift the gears down a bit. Slightly broken, but still getting my treadmill count". Nithin, along with his brother Nikhil Kamath, .

GPT Healthcare's Rs 525 cr IPO gets 85% subscription on second day of offer

The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, received 85 per cent subscription on the second day of the offer on Friday. The Initial Public Offering (IPO) received 1,67,51,920 bids for shares against 1,97,63,327 shares on offer, as per NSE data. The category for Retail Individual Investors (RIIs) got subscribed 1.24 times, while the quota for non-institutional investors received 79 per cent subscription. The portion for Qualified Institutional Buyers (QIBs) received 19 per cent subscription. On Wednesday, GPT Healthcare Ltd said it has collected Rs 157.54 crore from anchor investors. The Rs 525 crore IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II. BanyanTree, which holds 2.6 crore shares, or 32.64 per cent stake, in Kolkata-based GPT Healthca

NIIF commits Rs 207 cr to Amicus for tech-enabled manufacturing, healthcare

National Investment and Infrastructure Fund Ltd (NIIF) on Monday announced a commitment of Rs 207 crore to private equity firm Amicus Capital for supporting tech-enabled speciality manufacturing, healthcare and financial services firms. NIIF Fund of Funds-I, the first fund under its private markets business (PMF-I), has made the commitment to Amicus Capital Partners India Fund II. With a target size of USD 200 million, Amicus Capital Fund II expects to support businesses that leverage technology to scale, early in their growth journey, across sectors such as speciality manufacturing, technology & business services, healthcare, financial services and other sectors, a joint statement said. Founded in 2016, Amicus Capital is an emerging fund manager with a strong track record in the early growth segment, it said. PMF-I backs established and emerging fund managers who have demonstrated a strong track record, an institutional mindset and a commitment to follow high standards of ...

AB-PMJAY scheme: Over 23,000 people availed benefits since 2018, says Aiims

Over 23,000 beneficiaries have availed benefits under the Ayushman Bharat health insurance scheme at the AIIMS here since September 2018, with a majority of the patients seeking treatment in the departments of medical oncology followed by ophthalmology, general medicine, orthopaedics and neurosurgery. As far as complex surgeries are concerned, 730 procedures for congenital heart diseases have been performed followed by 557 total hip replacements and 148 total knee replacements under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). According to data provided by the AIIMS, 5,179 beneficiaries availed benefits of the scheme under medical oncology followed by 4,275 under the department of ophthalmology, 3,169 under general medicine, 2,260 under orthopaedics and 2,223 under neurosurgery till January 24. "The AIIMS, Delhi proudly announces the successful and effective implementation of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (ABPMJAY) scheme. AIIMS has a ...

In a first, Alaskapox virus claims life of elderly man in US: 5 points

Alaskapox virus: Also known as AKPV, the virus is transmitted from small mammals and is related to smallpox, cowpox and mpox. Its symptoms include rash, swollen lymph nodes and joint or muscle pain

Investors subscribe Entero Healthcare IPO 1.53 times on final day of offer

The initial share-sale of Entero Healthcare Solutions got subscribed 1.53 times on the final day of subscription on Tuesday. The Rs 1,600 crore-Initial Public Offering (IPO) got bids for 1,09,49,884 shares against 71,50,100 shares on offer, as per NSE data. The category for Qualified Institutional Buyers (QIBs) got subscribed 2.28 times, while the quota for Retail Individual Investors (RIIs) received 1.33 times subscription. The portion for Non Institutional Investors received 22 per cent subscription. The IPO was a combination of fresh issue of up to Rs 1,000 crore and an Offer For Sale (OFS) of up to 47,69,475 equity shares, aggregating up to Rs 600 crore at the upper end of the price band. Price range for the offer was Rs 1,195-1,258 per share. The healthcare products distributor collected Rs 716 crore from anchor investors on February 8. Proceeds from the fresh issue will be used towards payment of debt, funding working capital requirements, pursuing inorganic growth initiat

ADB to give Rs 4,000 cr to improve health infra in Maha, says CM Shinde

Maharashtra Chief Minister Eknath Shinde on Monday said the Asian Development Bank will provide loan of Rs 4,000 crore to improve medical facilities in the state. The in principle approval for the first tranche of Rs 1,200 crore has been given, he added. "The Asian Development Bank has sanctioned the pending proposal of Rs 4000 crore loan to Maharashtra for creating advanced healthcare infrastructure and medical education. It has also given in-principle approval for Rs 1,200 crore in the first phase," the CMO said in a statement. It said the CM had instructed officials to start work on a 500-bed hospital in Dharashiv (formerly Osmanabad). "The ADB has suggested seven different types of improvements at administrative level as well as in medical education. It includes centre of excellence, digital medical education and health policy, e-hospital, encouragement to medical officers and staff, property management, sustainability policy, recruitment centres, decentralisation of medicine .