Healthcare Financial News

healthtech and insurtech. While this means that you don’t have to be a doctor or a nurse anymore to be a part of the healthcare sector, freshers looking at this employment market should know what kind of skills they have to gain to have a lucrative career here.

block deals worth Rs 40,543 crore on screen, which included both buying and selling. In the largecap segment, 15 companies witnessed significant block deals on the screen, which were worth Rs 6,566 crore led by Axis Bank with a lone block count totalling Rs 2,089 crore. The next in line were ICICI Lombard General Insurance (Rs 814 crore), ICICI Bank (Rs 809 crore), Mahindra & Mahindra (493 crore), Maruti Suzuki (Rs 426 crore), Bharti Airtel (Rs 320 crore) and Hindustan Aeronautics (HAL, Rs 300 crore).

sanitation, is set to achieve the target of 2.5% of GDP by 2024-205 even as the centre’s allocation failed to reach 0.8% of GDP. As states managed to push healthcare expenditure to 1.58% of GDP last year, the combined effort of states and Centre added up to 2.13% of GDP. Public healthcare expenditure includes allocation of health and family welfare, Ayush, research and water supply and sanitation. By this calculation, the centre's expenditure was only 0.58% of GDP and 48% of this was spent on water and sanitation. Allocation for family welfare has gone down to 0.26% of GDP lower than the 2018-19 budget where the centre spent 0.28% of GDP.

Elevated interest rates are an ongoing thorn in Canadians’ sides, leaving them staring at a “bleak” retirement outlook, according to a new survey.

In recent years, yoga has gained immense popularity worldwide for its numerous health benefits. From improving physical flexibility to enhancing mental well-being, yoga has become an integral part of many people's daily routines. Yoga helps individuals rejuvenate from the daily hustle-bustle of life to help experience bliss and mini mindful moments through meditation.

Budget 2024 FAQs: The Budget serves as a comprehensive blueprint detailing the government's projected income and expenditure for a fiscal year, spanning from April 1 to March 31 of the following year. This financial roadmap plays a crucial role in outlining the nation's economic priorities and resource allocations. To enhance accessibility and understanding, a user-friendly guide for interpreting the Budget document is readily available. Following the finance minister's budget speech in the Lok Sabha, these critical documents are swiftly published on the official website, ensuring rapid and widespread dissemination of essential financial information. The budget that will be presented in coming month will be Prime Minister Narendra Modi-lef government's first presentation after forming government.

YES Bank, Aster DM Healthcare, ONGC, IndiGo, Bank of Baroda among others will be in focus due to various news developments. YES Bank The Board of YES Bank will meet on June 25 to consider and approve a fundraising proposal through issuance of debt instruments.

Change Healthcare is starting to notify hospitals, insurers and other customers that they may have had patient information exposed in a massive cyberattack

India has been grappling with the issue of manufacturing and marketing of different drugs with the same brand name for long, a person in the know told ET. For example, the brand name, 'Olvance' for the antihypertensive drug, Olmesartan, and 'Oleanz', a brand of the antipsychotic drug, Olanzapine. Likewise, the brand, IMOX for amoxicillin tablets for humans, and INIMOX for a combination of amoxicillin and cloxacillin10 as an injection for veterinary use.

India's health system preparedness and capacity to respond to future pandemics. The Strengthened and Measurable Actions for Resilient and Transformative Health Systems will support the government's National Health Policy 2017, which aims to provide quality health care services to all, ADB said in a statement. This policy-based loan will help fill the gaps in policy, legislative, and institutional governance and structures and contribute to India's goal of providing universal access to quality and affordable healthcare services to strengthen pandemic preparedness and response, it said. The programme will strengthen disease surveillance systems to effectively respond to public health threats, it said.

heatwave situation and preparedness of central government hospitals. Nadda directed officials to ensure that all hospitals are prepared for providing the best care to those affected. He also ordered that special heatwave units be started in the central government-run hospitals. Earlier this month, the Union health ministry urged states and Union Territories to conduct follow-up reviews for ensuring dedicated heatstroke rooms, ORS corners and strengthening surveillance, besides implementing critical fire and electrical safety measures at all healthcare facilities.

What if we tell you that you can now easily store all your medical information in one place and share it with medical practitioners or hospitals electronically? The Centre has introduced a unique 14-digit number — Ayushman Bharat Health Account (ABHA) or health ID — to store all health records of an individual. How can you create an ABHA number? Who can access your medical history through an ABHA ID? If you enroll for an ABHA ID, how safe will your data be? ET Wealth Online explains what you need to know about ABHA ID.

₹2,000 crore in mid-sized companies.The fund looks to raise base capital of ₹1,500 crore and another ₹500 crore as a greenshoe option at a yield of 15-16%. The AMC looks to raise money from existing limited partnerships (LPs) and complete the first close by either June-end or early July.The fund will invest in mid-market companies, which are profitable, have good cash flows, and will use these funds for growth purposes.

Father’s Day 2024: Fatherhood is one of the fulfilling experiences for a man as it helps him evolve as a person and develop a sense of responsibility. This is the time when a father start prioritizing the needs of another being over his own. Fatherhood is also a time when a man starts becoming a lot more financially responsible.

seamless exchange of medical records, accessible to doctors within the ABDM network, the initiative aims to ensure seamless continuity of care.This assumes importance considering that India has a high cancer burden, with 1.46 million patients in 2022.Key government and trust hospitals treating cancer, including PGIMER (Chandigarh), Tata Memorial Hospital (Mumbai), All India Institute Of Medical Sciences (AIIMS Jodhpur), and National Cancer Institute (Jajjhar), will pilot the adoption of the ABDM-enabled electronic medical records system, or the Health Management Information System,The objective of the pilot is to scan and seamlessly share the records with departments and tertiary care providers, such as radiology, ENT and respiratory units, across participating hospitals.Medical records will only be shared with patient consent using their digital health ID (ABHA ID).“We are very hopeful about this project. Cancer is one of those diseases where a patient must approach healthcare facilities repeatedly.

Retirement plans, also known as annuity plans, provide a reliable income stream after retirement, helping your dad maintain his lifestyle and cover unexpected expenses. Individuals up to 85 years of age can enjoy the benefits of such plans. These plans provide guaranteed income for lifetime.

referral process, the Union Health Ministry has for the first time issued interdepartmental referral guidelines for hospitals to facilitate better communication and cooperation. The 'Guidelines for Inter-Departmental Referral (within hospitals)' stress that referrals should be initiated promptly as and when patients require specialised care, diagnostic evaluations or consultations beyond scope of admitting department. The referral for a consultant's opinion should only be written by consultants and that post graduate residents should not close referrals on their own without discussing with their consultants, the guidelines released on June 7 stated. Consultant on call should review the referral record attended to by his team the previous day, a step which will help improve patient care and enhance learning of residents.

COVID-era restrictions, potentially resulting in fatalities within 48 hours.Also Read: Centre sets deadlines for healthcare initiativesAs reported by Bloomberg, cases of streptococcal toxic shock syndrome (STSS) reached 977 this year by June 2, higher than the record 941 cases reported for all of last year, according to the National Institute of Infectious Diseases, which has been tracking incidences of the disease since 1999.Group A Streptococcus (GAS) commonly results in throat swelling and soreness, known as "strep throat," in children. However, certain strains of this bacteria can rapidly escalate symptoms, including limb pain, fever, low blood pressure, and potentially leading to tissue death, breathing difficulties, organ failure, and mortality.

Jubilant FoodWorks, Honasa Consumer (Mamaearth), Suprajit Engineering, and Metropolis Healthcare to its SMID picks and retained Senco Gold.These selections are based on their strategic insights and analysis of market trends and valuations. The brokerage has filtered the stocks on growth-adjusted valuations, ROE trends, and cash-flow ratios.

immigrant doctors in the United States and the second-largest source of registered nurses, according to a recent report by Remitly. However, when considering the total number of immigrant healthcare professionals, including home health aides and nursing assistants, India ranks third, after the Philippines and Mexico. Of the 9.87 lakh doctors in the US, nearly 26.5% or 2.62 lakh are immigrants. Indian doctors form the largest group, with more Indians moving to the US to work as physicians than any other nationality. New Jersey, Florida, and New York are the top destination states for these professionals. The «Immigrant Healthcare Index» by Remitly, based on data from the Migration Policy Institute (MPI) and the US Bureau of Labor Statistics, reveals that 16% of the 34.17 lakh registered nurses in the US are immigrants. Filipinos lead this category with 1.41 lakh registered nurses, representing 26% of the immigrant nurse population. Indian nurses follow with 32,000 (6%), and Nigerians with 24,000 (5%). California, Nevada, and New Jersey are the top states for immigrant nurses.

₹51 trillion and a market share of over 61.5% in life insurance, is keen to secure a composite licence—a licence planned to be introduced by the Insurance Regulatory and Development Authority of India (Irdai) that will allow an insurer to sell both life and non-life policies. “For LIC, this makes sense. The work is on internally.