Hospital Financial News

03.03 / 19:53
markets War voice hospital Updates peace Pope Francis health deteriorates. Vatican shares latest update
In a late update, the Vatican said the episodes were caused by a «significant accumulation» of mucus in his lungs and bronchial spasms. «Two bronchoscopies were performed with the need for aspiration of copious secretions,» the Vatican said, AP reported.
03.03 / 17:25
markets economy Trade President hospital International Destinations Radisson Hotel Group aims to reach 240 hotels in operation and development in 2025
Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by end of 2025, driven by a strategic focus on tier 2 and 3 markets and the increasing demand for luxury lifestyle and midscale accommodations. Headquartered in Belgium, the chain is one of India’s largest international hotel operators, with currently a robust presence of over 194 hotels in operation and development across 114 destinations. «As a global hospitality leader, we are committed to deepening our ties between Belgium and India, two nations united by a shared vision for growth and collaboration,» said Nikhil Sharma, managing director and area senior vice president, South Asia, Radisson Hotel Group.
03.03 / 06:23
markets Analysis Enterprise Trade hospital rights Updates Stock market update: Sugar stocks down as market falls
Rana Sugars Ltd.(up 4.80%) and Mawana Sugars Ltd.(up 1.10%) were among the top gainers.
03.03 / 05:47
markets Analysis Enterprise Trade KPI hospital Updates Stock market update: Power stocks down as market falls
NTPC Green Energy Ltd.(up 1.01%), Adani Green Energy Ltd.(up 0.90%), Adani Power Ltd.(up 0.52%), Hitachi Energy India Ltd.(up 0.17%) and India Power Corporation Ltd.(up 0.09%) were among the top gainers.
03.03 / 01:07
markets COST FIVE Healthcare hospital reports patient This stock is benefiting from India's growing pediatric healthcare market. Why is this stock is the analyst pick of the week?
perinatal care hospital chain reported good performance in the December 2024 quarter with 18% and 11% year-on-year growth in revenue and PAT respectively. The numbers surpassed Reuters-Refinitiv estimates by 3% and 6% respectively. While revenue growth was supported by increased patient volumes and average revenue per patient (ARPP), a significant jump in other income aided the bottom line. Operational efficiencies aided EBITDA,which grew by 14% year-on-year while the overall occupancy also improved. However, average revenue per occupied bed (ARPOB) declined amid an increase in average length of stay (ALOS) and new bed additions. The company operates 19 hospitals (and five outpatient clinics) across six cities. It has a bed capacity of 1,935 with over 835 doctors. It is benefitting from the growing paediatric healthcare market. Also, India’s low spending on childcare products and services, high birth rate compared to China and the United States, increasing maternity age, increased focus on preventive healthcare, and expansion of medical tourism are some of the tailwinds. Rainbow is distinctive from its peers as it offers the highest number of beds in paediatric intensive care units and neonatal intensive care units. It operates on a hub-and-spoke model (the central hospital delivers comprehensive outpatient and inpatient care whereas the satellite facilities provide emergency care) that helps in lowering costs.
02.03 / 19:11
markets UPS awards performer exclusive hospital ET Exclusive: Mahindra & Mahindra to have multiple large businesses in 5-10 years, says MD
operational excellence will be path to growth and not acquisitions. It currently operates through three flagship divisions in auto, farm, and services with each contributing almost a third of revenue to the group's top line. The services business has a mix of financial services, technology, logistics, hospitality and real estate interests. «If we were to look at the group five years later or 10 years later, there should be a greater number of large businesses that we have,» Anish Shah, group CEO and MD, Mahindra & Mahindra, told ET.
02.03 / 13:09
UPS Provident Strategy hospital prevention Features Sporting Why does this Mumbai hotel give guests mismatched slippers?
«This Bombay hotel provides bathroom slippers. But to ensure people don't flick them, they provide mismatched pairs,» the user named Thejaswi Udupa said, dropping a snapshot of a pair of slippers on top of a hotel towel. The slippers featured in the image he posted were noticeably mismatched, with each foot sporting a different color. According to the user, this was a deliberate strategy employed by the hotel to ensure that guests would only find the slippers convenient to wear within their rooms, discouraging them from taking them for personal use outside the premises.
02.03 / 07:09
markets Death country hospital outbreak reports ebola Uganda reports second Ebola death, a 4-year-old: WHO
The fatality brings the number of confirmed cases in Uganda to 10. The East African country declared an outbreak of the highly infectious and often fatal haemorrhagic disease in January after the death of a male nurse at the Mulago National Referral Hospital in the capital Kampala.
01.03 / 19:19
markets COST awards War RAI hospital Maharashtra Chief Minister Devendra Fadnavis halts Rs 3,190 crore project for overpricing
Tanaji Sawant of the Shiv Sena had awarded the project for 'mechanised cleaning services' in government run hospitals, primary health clinics. There were allegations that the cost of these equipments were highly inflated and also the contracts were given to companies that had no prior experience of running such a project. Maharashtra government officials said that there were complaints about the tender as it was causing a huge loss to the state exchequer. For instance, while the annual contract would have cost Rs 638 crores for a year, previously the government used to spend Rs 70 crores annually on this.
28.02 / 19:13
Digital Citizens Healthcare hospital inclusion Features Updates Centre to train joint directors for Ayushman Bharat Digital Mission
Subscribe to enjoy similar stories. Aiming to boost digital health accessibility among citizens, the Union government has planned to train joint directors to impart knowledge, help in implementation, and keep them updated about the Ayushman Bharat Digital Mission (ABDM). A two-day national workshop will be held in Bihar on 7-8 March, to focus on building the capabilities of these crucial links in the ABDM system.
27.02 / 19:55
markets Art film Actor audience hospital stars Veteran Odia actor Uttam Mohanty dies at 66
Uttam Mohanty died on Thursday night while undergoing treatment at a private hospital in Delhi, his family said. He was 66.
27.02 / 13:39
markets Parke Discover Death hospital stars reports Gossip girl star Michelle Trachtenberg’s chilling hospital bed confession, ‘I knew death was a high possibility’
Michelle Trachtenberg, a beloved symbol of millennial youth culture who was adored for her parts in Buffy the Vampire Slayer and Gossip Girl, died at the age of 39.
27.02 / 01:57
markets performer hospital reports gatherings pneumonia Vatican reports ‘slight improvement’ in Pope Francis’ pneumonia recovery
double pneumonia, but doctors remain cautious about his condition. A CT scan taken on Tuesday evening indicated that his infection is progressing as expected under treatment. However, the Vatican stressed on Wednesday that his prognosis is still guarded.
27.02 / 00:49
markets COST Strategy economy Highways country hospital American hospitality giant Wyndham sees big opportunity in India’s new hoteliers
Subscribe to enjoy similar stories. American hospitality chain Wyndham Hotels & Resorts is betting on India’s next generation of hotel developers to drive its future growth. As younger, first-time owners enter the industry with a preference for greater control, the world’s largest hotel franchisor sees a chance to expand without the traditional costs of managing or owning properties.
26.02 / 08:07
markets Provident hospital gatherings pneumonia Updates 'Pope Francis is stable and working': Hospital provides important health update
Pope Francis remained in critical but stable condition on Tuesday as he continued working from the hospital while battling double pneumonia. The Vatican stated that the 88-year-old pontiff had not experienced any new respiratory crises and that his blood parameters were stable. A follow-up CAT scan was conducted in the evening to assess his lung infection, though the results were not disclosed. Doctors maintained a guarded prognosis.
26.02 / 07:57
UPS Booking Man community gay hospital pneumonia Pope Francis inspires hope across the globe for good reason
Subscribe to enjoy similar stories. Just days before Pope Francis was hospitalized with pneumonia in the middle of this month, he criticized the Trump administration’s mass deportation of immigrants in blunt terms. In a letter to Catholic bishops in the US, the Pope said that it violated “the dignity of many men and women" and that such policies “begin badly and will end badly." The contrast between the Pope’s candour and the mostly muted response from European leaders to US Vice-President J.D.
25.02 / 18:57
markets Citi Software RAI hospital International Bloom Hotels plans to raise Rs 400 cr from PE investors
Bloom Hotels is looking to raise '400 crore from private equity investors amid signs of increased hotel development activity in the hospitality sector, especially outside major metropolitan cities, according to sources familiar with the matter.
25.02 / 16:05
markets FIVE Man performer hospital patient Delhi: 47-Year-old man undergoes rare kidney transplant, now lives with five kidneys
third kidney transplant at a private hospital here, leaving him with a total of five kidneys in his body. A surgery was performed at Amrita Hospital, Faridabad, on Devendra Barlewar, who had been battling chronic kidney disease for 15 years and had undergone two failed transplants in 2010 and 2012.

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