Page 20 - Hospitals

Analysts bullish on hospitals on expansion plans, recovery in non-Covid biz

Experts note that the transition of the sector to the asset-light model has significantly enabled it to use fewer funds for setting up hospitals, thus bringing significantly higher returns on equity

Major delay in 7 hospital work of Delhi govt, most only half-finished: Data

The construction of most of the seven ICU hospitals with capacity of 6,800 beds that were planned to accommodate COVID patients during the third wave of the infection, has reached around only halfway mark so far, official data showed. Work on the 458-bed hospital in Kirari, which was originally scheduled to be complete by February 2023, had not started till September 17 this year, showed the data shared by the Delhi government in a COVID review meeting of Delhi Disaster Management Authority (DDMA) on Thursday. A 610-bed facility at Chacha Nehru Bal Chikitsalaya in Geeta Colony and 525-bed one in Sultanpuri were only 50 per cent and 45 per cent complete. Both hospitals are now scheduled to be ready by November 2022. The Sarita Vihar hospital with 336-bed capacity is expected to be complete by October this year, with only 60 per cent work done till September 17, as per the data. The 1,912-bed facility at GTB Hospital and another 1,430-bed one in Shalimar Bagh were completed by 45 per

Breast milk bank success, to be replicated in 2 more Kerala hospitals

This bank provides collected milk to the needy babies, after all the mandatory tests are conducted at the state of the art laboratory attached to the Kozhikode Medical College hospital.

Patients' out-of-pocket medical bill spend declined in 2018-19, shows data

The NHA 2018-19 highlighted that the Centre's expenditure on the National Health Mission was Rs 30,578 crore

Faculty Association seeks opinion on proposal to assign names to all AIIMS

The Faculty Association of AIIMS-Delhi has sought opinion of its members on a government proposal to give specific names to all the 23 AIIMS in the country and contended that it will lead to loss of its identity. In a note circulated among its members, the association said "identity is linked with the name and if the identity is lost, institutional recognition is lost both within the country and outside." And, that is why famous and established universities such as Oxford, Cambridge and Harvard continue to have the same name for centuries. "In India, IITs have a name recognition which gives them an institution's identity and there is no proposal to change it. The same is true for IIMs," according to the note signed by association president Dr Achal Kumar Srivastava and general secretary Dr Harshal Ramesh Salve said. Also, the sense of identity is so strong that Calcutta, Bombay and Madras Universities continue with the same name even though the cities they are located in have change

Medical tourism is set to beat pre-Covid-19 levels in next two quarters

Meanwhile, traditional Indian medicine centers have once again started receiving patients from overseas

Medicine purchases by inpatients exempt from GST: Tamil Nadu AAR

An outpatient will be charged GST for medicines and consumables bought that were prescribed in the course of providing health care services

Clear spike in heart attack cases after Covid-19 outbreak, say doctors

In recent times, several young celebrities, from politics to music to films, have succumbed to sudden heart attacks

Covid: Delhi sees nearly two-fold rise in hospitalisations in a fortnight

Amid a spike in COVID-19 cases in the national capital, there has been a nearly two-fold increase in hospitalisations in over a fortnight, with officials saying those with comorbidities are getting admitted to hospitals. Even though the rise in infections and hospitalisations is not yet alarming, experts have reiterated the need to wear masks and follow Covid-appropriate behaviour. Of the 9,405 available beds for coronavirus patients in Delhi, 307 (3.26 per cent) were occupied on August 1. The occupancy rate was 3.75 per cent on August 2 and four per cent the day after. It kept on rising on most days thereafter and stood at 6.24 per cent on August 16. The bed occupancy rate was five per cent on August 6 and 5.97 per cent on August 11. The occupancy rate was 6.13 per cent on August 12 and declined marginally to 5.99 per cent the next day. It rose to 6.21 per cent on August 14 and stood at 6.31 per cent on August 15. Dr Vikas Maurya, Director and HOD, Pulmonology, Fortis Hospital ...

GIC, Capital Group buy KKR's entire stake in Max Health; stock surges 10%

KKR sold the entire 26.8% stake worth Rs 9,400 cr as part of its exit strategy

Only 10% of hospitalised Covid patients have taken precaution dose: Sisodia

'It is clear that people who apply precautionary doses are safer from coronavirus infection,' says Delhi Deputy Chief Minister

Yatharth Hospital gets Sebi's go ahead to launch Rs 610-crore IPO

Yatharth Hospital & Trauma Care Services Ltd has received capital markets regulator Sebi's go ahead to float an initial public offering (IPO). The company operates three super specialty hospitals in Delhi-NCR. It recently expanded to Madhya Pradesh. Yatharth Hospital's IPO consists of a fresh issue of equity shares aggregating up to Rs 610 crore and an Offer For Sale (OFS) offer for sale of up to 65.51 lakh equity shares by the company's promoters and promoter group entities, according to the draft red herring prospectus (DRHP). The company, which filed its preliminary IPO papers with the capital markets regulator in April, obtained its "observation" letter on August 2, an update with the Securities and Exchange Board of India (Sebi) showed. In Sebi's parlance, issuing an observation letter implies its go-ahead to float an IPO. Going by the draft papers, the firm intends to utilise the net proceeds for payment of debt, funding capital expenditure expenses, funding inorganic growth

70 isolation rooms set up across six hospitals to fight monkeypox in Delhi

20 of these rooms have been set up at LNJP Hospital, nodal centre for treatment of confirmed and suspected cases of monkeypox, while 10 isolation rooms each have been established in 5 other hospitals

CARE Hospitals buy majority stake in United CIIGMA for around Rs 400 cr

The investment will allow CARE to have a presence in three Maharashtra cities. CARE's network spans 17 healthcare facilities in eight cities and six states of the country.

Half of India's states do not have a district hospital in each district

Delhi and Kerala have 3 district hospitals per district; Uttar Pradesh has two. Telangana has one hospital for five districts

Smart policy choice can help you tackle medical inflation: Experts

Most Ayush treatment happens out-patient; your policy may not be very useful if it offers only hospitalisation cover

Monkeypox or allergy: People rush to hospitals to check for symptoms

Hospitals in Delhi-NCR are seeing harried patients, who are developing allergies, rushing to them inquiring whether they have contracted the infection

Monkeypox suspect admitted to Delhi hospital had travelled abroad: Report

The suspected patient of monkeypox, admitted to the LNJP Hospital here, had travelled abroad over a month ago, sources said on Wednesday.

Irdai empowers insurers to empanel hospitals for cashless facility

Regulator asks companies to publish board-approved empanelment criteria on their websites periodically; insurers to focus on quality of healthcare services of hospitals being empanelled

High-tech sensors help Bengaluru hospital turn general wards into ICUs

These connected sensors are similar to the patches which are used for ECGs and are placed on the patient's body to capture their vitals