GTI plans to invest INR 250 cr in healthcare
New York-based private equity (PE) firm GTI Group is setting up a wholly-owned subsidiary, India Management Company, to invest INR 250 crore into Indian healthcare sector.
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ADB to probe health spending in Asia
The Asian Development Bank (ADB) is planning a study on how spending on maternal, newborn and child healthcare is hurting the poor in the Asia Pacific region.
Accel India to invest USD 2.5 million in healthcare portal
Rx HealthCare Magic, which runs a healthcare portal HealthcareMagic.com, has raised Series A funding of USD 2.5 million from Accel India, VCCircle has learned. Kunal Sinha, founder and CEO of Rx HealthCare Magic, has confirmed the investment. The funding will be released in tranches as company meets its milestones.
iSoft signs contracts with two major hospitals in Netherlands
iSOFT, an IBA Health Group company, recently announced that it has signed contracts with two major hospital groups in the Netherlands totaling USD 11.3 million.
Docs join hands to set up hospitals in small towns
Lack of organised funding, like private equity and venture capital, has prompted doctors to increasingly come together to begin hospitals in tier-II and-III cities.
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.
Docs say IT critical to healthcare reform
Two physician organisations are weighing in on the healthcare piece of the economic stimulus package, calling on the president and Congress to support healthcare information technology, additional funding for primary care training, Medicaid funding for states and comparative effectiveness research.
Hospitals use IT to get tough on infections
South Carolina’s 65 acute care hospitals are banding together to prevent healthcare-acquired infections across the state. The effort is expected to save hundreds of lives and as much USD 40 million a year.
Humana to switch to machine-readable patient ID cards
Humana, one of America’s largest health-benefits companies, has promised to adopt machine-readable patient ID cards and, in the process, won the acclaim of the Medical Group Management Association, which estimates the cards could save physician offices and hospitals as much as USD 1 billion a year.
NEWS REVIEW – INDIA
[This article was published in the February 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
TCG Lifesciences has been conferred excellence award by Institute of Economic Studies
When the going gets tough
[This article was published in the February 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
As the actual effect of the ‘near-apocalyptic’ credit crisis hits us, we must understand its direct and indirect impact on public health.
India’s first GMP compliant plasma fractionation facility
Celestial Biologicals Limited (CBL), an associated company of Intas Biopharmaceuticals Limited, and GE Healthcare, the USD 17 billion healthcare business of General Electric Company, announced recently a collaboration to set up India’s first Good Manufacturing Practice (GMP) compliant Plasma Fractionation facility in Ahmedabad.
