NEWS REVIEW – BUSINESS
[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
The Comptroller and Auditor-General of India (CAG) has indicted the Union Health Ministry for
The Ranbaxy group-promoted Fortis Healthcare in a fresh bid to acquire a strong foothold in the south, has after acquiring the 180-bed Malar Hospital in Chennai, now set its sight on the 450-bed Lifeline Hospital chain in Chennai.
Mumbai-based Wockhardt Hospitals is planning to set up 14 super-speciality hospitals across the country over the next two years, which could entail an investment of up to INR 600 crore.
Private equity firm ICICI Venture has invested USD 10 million to pick a minority stake in urology hospital chain RG Stone Urological Research Institute.
In a fresh attempt to grow its hspital business the Hinduja group has signed an agreement with Limitless LLC, part of the Dubai World group.
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
The Wockhardt Hospitals group is foraying into Delhi. Its 250 bed facility in Delhi will be operational by 2009.
The Delhi High Court has given Hemophilia patients a reason to smile. Treatment for this inherited disorder that is costly and beyond the reach of a majority of those affected will now be provided free of cost at three hospitals in the capital.
Given the vast number of workers to be covered, the new Health Insurance Scheme (HIS) would be implemented in a phased manner. Initially workers living Below the Poverty Line (BPL) are to be covered in next five years.
Cryobanks International India(CII), a JV between Cryobanks International Inc of US, and RJ Corp of India, is planning to invest Rs 500 crore in the health care industry in the country over the next five years.
Fortis Healthcare Ltd, an INR 512 cr company plans to invest US$500 million (Rs1,970 crore) to achieve its target of 40 hospitals by 2010-11, focusing on improving its presence in the West and South to get a pan-India presence.