Hospital Financial News

While renewing our life and health insurance policies, we often forget to pay attention to some of the crucial things. In case of insurance, it is very important to keep adjusting your past policies based on existing circumstances to avoid surprises. Life and health covers are crucial safeguards against unforeseen circumstances in life. These policies offer financial security and peace of mind, ensuring you and your family remain protected against medical expenses and life’s uncertainties. However, renewing these policies requires careful consideration and evaluation to ensure they continue to meet your evolving needs.

NEW DELHI : Antibiotics routinely prescribed to treat common ailments no longer work as bacteria have developed resistance to these drugs due to their overuse in India, a government body said, echoing concerns long voiced by international experts. In a report, the National Centre for Disease Control (NCDC) mentioned about third-generation cephalosporins, imidazoles, amino-glycosides, ceftriaxone, metronidazole, amikacin and piperacillin, which are used to treat cold, fever, skin diseases and urinary tract infection. Companies that make these antibiotics in India include Alkem Laboratories Ltd, Mankind Pharma Ltd, Zuventus Healthcare Ltd, Cadila Pharmaceuticals Ltd, Surya Pharmaceutical Ltd, Aristo Pharmaceuticals Pvt.

British Private equity firm Apax Partners has started the process to sell Healthium Medtech, the largest homegrown surgical sutures manufacturer, said multiple people aware of the development. The proposed sale is expected to value the company at ₹6,500-₹7,000 crore ($850 million), said sources. Healthium (formerly Sutures India) is the fourth largest surgical suture manufacturer in the world and the second largest in the country with a market share of about 18%.

CGHS scheme? What are the facilities available under the CGHS scheme? In which cities you will get the benefits of the CGHS scheme? Here are all your questions answered.

Also Read-Jefferies says weakness likely to continue in specialty chemicals; check its ratings on SRF, PI Industries and more Analysts remain positive on the expected rise in Average revenues per operating bed (ARPOB). Analysts at Nomura Research have recently increased our ARPOB CAGR (compound annual growth rate) assumption over FY25-30 from 4% to 5.8%, factoring in the expectation of sustained improvement in case mix and payor mix along with price hikes. Also, the newer brownfield capacity is expected to come up over next 4 years in facilities with relatively high ARPOBs (15% higher than the company average on a blended basis, in our view) which should support the ARPOB improvement, they said Fortis Hospital should see improvement in its earnings before interest tax depreciation and amortisation (Ebitda) and margins also because of these reasons.

cryptocurrency remains unchanged. “Traveling down that path will create huge risks.

Kunj Bansal, NISM, says “the benefit of investment into the core areas, into the infrastructure, into highway, into manufacturing will get passed on in terms of increased standards of living, higher earning standard of people, higher earnings, increased disposable income and things like that which will result into increased consumption.” If we have to become the third largest economy, which are the sectors that will be the biggest contributors in the next leg of growth? Kunj Bansal: For any economy to grow sustainably over a period of time, investments are very critical into the infrastructure areas, capital goods and manufacturing. Of course, these will be the critical areas where a lot of investments will have to go in. The derived impact of these automatically comes from the consumption areas. So the benefit of investment into the core areas, into the infrastructure, into highway, into manufacturing will get passed on in terms of increased standards of living, higher earning standard of people, higher earnings, increased disposable income and things like that which will result into increased consumption. So that obviously will give a boost subsequently to consumer durables, consumer goods, textiles, passenger vehicles, two wheelers and things like that. Having said that, let us also not forget that India, while the contribution to the GDP from agriculture is third in terms of ranking, we have highest from service then from manufacturing and from agriculture around 20%.

robbery attempt last week.Social media reaction has poured in since police on Tuesday reported on the dual charges stemming from an incident on Jan. 5 in which a suspect allegedly struck a store clerk with a baseball bat and demanded money.However, police report the 22-year-old clerk was able to gain possession of the bat and followed the suspect outside the store.

Care Hospitals Group is considering more acquisitions, as it looks to become the third largest hospital chain in India. The Hyderabad-based chain will have 5,000 beds after it completes the acquisition of Thiruvananthapuram-based KIMS Health. It is currently one of the top 5 hospitals in India in terms of bed capacity. «Currently we (Care Hospitals) are about 3,000-plus beds, KIMS has about 2,000 odd beds, so it will be a 5,000 beds entity,» Care Hospitals Group chief executive Jasdeep Singh said in an interview to ET.

Radisson Hotel Group announced the opening of its new hotel in Ayodhya on Wednesday. The company said the Park Inn by Radisson Ayodhya can be easily accessed by car or taxi from Maharishi Valmiki International Airport, and Ayodhya Cantt Railway Station. «We are pleased to have an early mover's advantage with the opening of our newest hotel in the sacred city of Ayodhya,» said KB Kachru, chairman emeritus and principal advisor, South Asia at Radisson Hotel Group. «With its rich cultural heritage and historical landmarks, Ayodhya holds a special place in the heart of our country.

Antony Blinken spoke to President Mahmoud Abbas on Wednesday about reforming the Palestinian self-rule government, as part of US efforts to rally the region behind postwar plans for Gaza that also include concrete steps toward a Palestinian state. Blinken says he has secured commitments from multiple countries in the region to assist with rebuilding and governing Gaza after Israel's war against Hamas, and that wider Israeli-Arab normalization is still possible, but only if there is «a pathway to a Palestinian state.»

As Heather McArthur’s son, Evan, was being treated in hospital for severe burns, his main concern was for his friends at the Saint John encampment where the devastating fire broke out.

Investing.com — Shares in Intuitive Surgical (NASDAQ:ISRG) rose in premarket trading in New York on Wednesday after the robotic products maker announced preliminary results for the fourth quarter that surpassed analysts' expectations.

Delta Corp, an online gaming firm, plunged 5% to ₹143.10 apiece in early deals on Wednesday after the company delivered a weak set of numbers for the December-ending quarter (Q3 FY24). The company on Tuesday reported a consolidated net profit of ₹34.48 crore in Q3 FY24, marking a substantial decline of 59.34% compared to the net profit of ₹84.82 crore in the corresponding period of the previous year.

An Italian company that makes a popular Christmas cake says it acted in “absolute good faith” when it offered a special edition with the logo of an Italian influencer that has landed both under investigation by prosecutors

Delta Corp reported a consolidated net profit of ₹34.48 crore for the quarter ending in December, reflecting a decline of 59.34 percent, on January 9. In comparison, the company reported a net profit of ₹84.82 crore in the same quarter the previous year. According to an exchange filing, the revenue from operations for the quarter was ₹234.41 crore, marking a 15.58 percent decrease from ₹277.68 crore in the corresponding quarter of the previous fiscal year.

An explosion in downtown Fort Worth on Monday afternoon left at least 21 people injured and caused significant damage to a hotel, likely due to a gas leak, according to authorities.

Health officials say at least two dozen people in 14 states were sickened by salmonella poisoning tied to recalled meat snack trays sold at some Sam’s Club stores

India on Monday summoned Maldives High Commissioner Ibrahim Shaheeb amid the row over Maldivian ministers' objectionable remarks against PM Narendra Modi's pitch on 'Visit Lakshadweep'. Shaheeb was conveyed India's strong concern over the derogatory remarks against Modi. The Maldivian envoy's visit to South Block came a day after the Maldives distanced itself from its deputy ministers — Malsha Shareef, Mariyam Shiuna and Abdulla Mahzoom Majid — and highlighted the remarks were their «personal» views and did not represent Male while suspending them.

ALSO READ: Ayodhya Ram Temple consecration ceremony: Cops discuss alternative routes, security arrangements Rai launched a scathing attack on the RJD Minister Chandra Shekhar and the Opposition, saying, "The intentions and policy that they are showing, it looks like they will hang pictures of Babar and Afzal Guru and worship them." He said the country needs Ashfaqulla Khan and Captain Hamid, not Babur, Afzal Guru or Jinnah's 'jinn'. "Here, Lord Ram's integrity is needed," Rai added. ALSO READ: Ayodhya Ram Temple consecration ceremony: Assam declares dry day on January 22 RJD Minister Chandra Shekhar sparked off a controversy with his statements on the Ram Temple and said that if the people fall sick or get injured they will seek medical attention rather than visiting a temple.

IPO, which will be launched later this month. The SME IPO will include a fresh equity issue of 41 lakh shares. Beeline Capital Advisors is the book-running lead manager, and Skyline Financial Services is the registrar of the issue. The Mumbai-headquartered EPC contractor specialises in delivering full-scale project management, procurement support and comprehensive engineering services for various electrical infrastructure, instrumentation, and automation projects across India and abroad. Its services are applicable in several manufacturing industries, such as oil & gas, refinery, steel, cement, pharmaceuticals, textiles, hospitals, and health care, both domestically and internationally. Konstelec Engineers has a strong order book of over 50 major projects worth around Rs 565 crore in order value that are in various phases of implementation. The company’s ongoing projects include electrical, construction power work and instrumentation work for leading corporates such as JSW Vijayanagar Metallics Ltd, Rajasthan Refinery Project, HRRL Pachpadra, Mangalore Terminal Expansion Project, Karnataka State and Benue Cement Plant in Nigeria. The company counts leading corporate conglomerates, including Reliance Industries, Engineers India, JSW Steel, Indian Oil, BPCL, among others as its clientele. Majority of the funds raised will be used to meet the working capital expenses for procuring high-quality products for its long-term projects and to provide collateral security to various clients. «Our robust order book and long-standing client relationships demonstrate our dedication to delivering high-quality, safe and innovative solutions,» said Biharilal Ravilal Shah, chairman and managing director of Konstelec Engineers. In