International Finance Corporation to invest into Religare Laboratories
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is investing up to $30 million […]
Super Religare Laboratories to raise $50m more in PE funding
Avigo Capital and Sabre Capital-backed diagnostics firm Super Religare Laboratories (SRL), which recently withdrew its IPO is raising $50 million(~Rs […]
Fortis Healthcare signs agreement with Burundi
Fortis Healthcare has signed an agreement with ‘Foundation Buntu’, a non profit organisation registered under the Government of Republic Of Burundi. Through this tie-up, Fortis Healthcare would serve patients who require care and treatment in Neurosciences, Oncology, Orthopedics & Cardiac Sciences, informed Fortis.
Private firms to open medical colleges
Private sector healthcare companies have been allowed by the Medical Council of India to start medical colleges to address the shortage in the number of seats.
“Today, corporate hospitals also recognise the utility of research” : Dr. Upendra Kaul, Fortis Escorts Heart Institute & Research Centre
Fortis Healthcare announced its plan to focus on its academics and research programme with the objective of fostering and facilitating academics and clinical research enterprise across Fortis network of hospitals.
Fortis expanding Escorts as separate unit
Hospital chain Fortis Healthcare is expanding its flagship cardiac hospital brand Escorts Heart Institutes’ as a separate unit within its newly acquired hospitals.
Fortis takes over management of Apollo Modi Hospital in Kota
Medical services provider Fortis Healthcare recently said it is taking over the operational and management control of Apollo Modi Hospital in Kota.
Fortis ties up with International Oncology
Hospital chain Fortis Healthcare has tied up with International Oncology, a US-based company formed by a group of Indian doctors working overseas. As per the tie-up, a team of about 12 doctors from International Oncology has started offering cancer care treatment, including radiation therapy, medical oncology, surgical oncology and bone marrow transplant at Fortis’ Noida hospital.
Fortis, Apollo put expansion on fast track
Fortis Healthcare and Apollo Hospitals Enterprise are buying existing their presence in the world’s second most populous nation, where at least 70 percent citizens do not have access to medicine. According to some official sources, Fortis may sign at least four strategic deals including signing management contract with one hospital and acquisition of some hospitals plots.
Fortis plans medical institute in Punjab, to invest INR 100 cr
Medical service provider Fortis Health Care plans to set up an institute, which will also house a cancer research hospital, in Punjab at an initial investment of INR 100 crore.
Fortis to expand Escorts network post court ruling
With the litigation between Escorts Heart Institute and Anil Nanda behind him, Fortis Healthcare Managing Director Shivinder Mohan Singh said the company will now focus on growing the Escorts network and brand.
Road Ahead – Health Insurance Summit, 25th May 2008, The Chancery Pavilion, Bangalore
[This article was published in the July 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
Health insurance in India is increasingly getting refined and redefined, with a population of more than a billion people
Government extends 5 yr tax holiday for all hospitals
Government of India has extended a five-year tax holiday, currently given only to hospitals in the rural areas, to those across the country, sending the shares of healthcare providers higher.
