Tenet, United Healthcare ink agreement
Tenet Healthcare Corp. has signed a two-year, national agreement with United Healthcare. Under the agreement, United Healthcare members will have access to all acute care hospitals in Tenet’s portfolio.
Corporate updates
IBM targets multi-billion $ health sector in India
IBM is targeting multi-billion dollar health business opportunities in India. The company has plans to tap opportunities worth $1 billion each in the Indian pharmaceuticals and health service segments over the next 3-4 years.
ICICI Venture plans to float healthcare holding firm
ICICI Venture is planning to float a company that will buy medium-sized hospitals and pharmacy chains and act as a holding company for the fund
CRAMS to global pharma companies, give good returns
The pharma sector may have underperformed in the Sensex , but companies providing contract research and manufacturing services (CRAMS) to global pharma companies have given good returns.
Cigna buys healthcare business of Great-West Lifeco for USD 1.5 Bln
Health insurer Cigna Corp. (CI) announced a definitive agreement to acquire Great-West Healthcare, the healthcare division of Great-West Life & Annuity Insurance Co., for USD 1.5 billion in cash. Great-West Life & Annuity Insurance is a subsidiary of Canada-based financial services holding company Great-West Lifeco Inc.
Agfa HealthCare awarded contract with Premier for RIS/PACS/Reporting Solutions
Agfa HealthCare, a leading provider of IT-enabled clinical workflow and diagnostic imaging solutions, announces today that it has been awarded a new, three-year, multi-source contract by Premier Purchasing Partners, L.P., the group purchasing unit of Premier Inc., to provide Enterprise Image Management Solutions (EIMS) and services to the alliance’s more than 1,500 member hospitals and 49,000 other healthcare sites.
Indian medical transcription provider acquired by CBay Systems
UK-listed healthcare services BPO firm CBaySystems has announced the acquisition of Nagpur-based medical transcription services provider Suyash Software in a cash and stock deal.
Mega Lifesciences, Thailand enters India
Thailand-based healthcare company Mega Lifesciences recently announced its foray into the Indian market with the launch of its oral consumption skincare range and said it will invest about USD 1 million to market the product in the country.
CII launches ‘Experience Indian Healthcare’ initiative
Medical value travel, more popularly termed ‘Medical Tourism’, was discussed at lenght as the next big window of opportunity at a recent conference organized by the Confederation of Indian Industries (CII) in association with Indian Healthcare Federation.
MarketRx with Cognizant for USD 135 mn
IT major Cognizant Technology Solutions has acquired New Jersey-based MarketRx, provider of analytics and related software services to global life sciences companies.
ICICI Venture, keen on part of healthcare pie invests USD 10 million in hospital chain
Private equity firm ICICI Venture has invested USD 10 million to pick a minority stake in urology hospital chain RG Stone Urological Research Institute.
USIBC launches healthcare mission to India
Seeking to expand Indo-U.S. healthcare cooperation, the U.S.-India Business Council’s (USIBC) ‘Coalition for Healthy India’ launched its inaugural utive mission to India.
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Delhi to host forum on homoeopathic medicine
22-02-2017
