Corporate updates

Cbay buys Philips
Cbay buys Philips

Healthcare BPO firm Cbay Systems has acquired nearly 70% in medical transcription firm MedQuist from Koninklijke Philips Electronics N.V for US$ 287 million.

MedPlus forays into Gujarat with plans of 200 stores
MedPlus forays into Gujarat with plans of 200 stores

The organised retail health sector in Gujarat seems to be hotting up. After pharmacy and wellness chains of Apollo and Reliance, now Hyderabad-based MedPlus Health Services Pvt Ltd, one of the fastest growing chain of health network, is marking its foray into Gujarat by launching its pharmacies in Ahmedabad.

New business models dot medical outsourcing
New business models dot medical outsourcing

Indian hospitals are upping the ante on outsourcing. Instead of making heavy capital investments on expensive diagnostic equipment, costing INR 1.5 to INR 5 crore for MRI & CT scans, hospitals are opting for newer pay-per-use and outsourced models.

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