Policybazaar Reports 126% Surge in NRI Health Insurance Purchases; tech, Lower Premiums Drive Growth
A latest analysis by Policybazaar shows a 126% year-on-year rise in health insurance purchases by non-resident Indians (NRIs), supported by…
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GST Changes Reflect Policy Shift Toward Improving Cancer Care Affordability: AIIMS Researchers
Recent revisions to the Goods and Services Tax (GST) framework indicate a shift in policy focus toward improving affordability and…
Alkem MedTech to Acquire 55% Stake in Switzerland’s Occlutech Holding for $118 Million
Alkem Laboratories announced that its medical devices arm will acquire up to a 55% stake in Switzerland-based Occlutech Holding for…
AIIMS Delhi Announces Country’s First Face Transplant Programme
The All India Institute of Medical Sciences (AIIMS), New Delhi has become the first institution in India to formally announce…
Fortis Healthcare Q3 Profit Falls 22% Despite Strong Revenue and EBITDA Growth
Fortis Healthcare reported a 21.9% year-on-year decline in net profit to Rs 193.7 crore for the quarter ended December 31,…
Centre Says IVF Not Covered Under AB-PMJAY
The Centre has clarified that Assisted Reproductive Technology (ART), including In-Vitro Fertilisation (IVF), is not covered under the Ayushman Bharat…
Apollo Hospitals Enterprise plans expansion to 13,000 beds by FY30; sees sustained growth momentum
Apollo Hospitals Enterprise has outlined plans to expand its total bed capacity to 13,000 by FY30, up from nearly 10,000…
India’s First Public-Sector Organ Transplant Hospital to be set-up in Kerala
Kerala Chief Minister Pinarayi Vijayan has expressed concern over the high costs of organ transplant procedures in private hospitals and…
India’s MedTech Imports at $8.6 bn, over Twice Exports Despite Rapid Sector Growth
India’s medical devices industry continues to depend heavily on imports even as exports show steady momentum. Around 70-80% of domestic…
Nurse Who Recovered from Nipah virus infection Dies of Cardiac Arrest in West Bengal
A nurse who had recovered from Nipah virus infection passed away due to cardiac arrest at a private hospital in…