ValueNotes Healthcare Capsule India – June 2014

JUNE 2014 facebook sharetwitter shareLinkedIn share
ValueNotes Healthcare Capsule – India Valuenotes.biz
Aiims
All India Institute of Medical Sciences, New Delhi
EDITOR'S CHOICE
Health Minister to fulfill BJP's promise to set up an AIIMS in every Indian state

Harsh Vardhan will write to all the Indian Chief Ministers seeking their cooperation to establish six AIIMS in as many states. He will consider giving the CMs more autonomy to speed up the work. Read more >>

HOSPITALS
Jaypee Group to diversify into healthcare; will invest over INR 2,000 cr in 3-4 years
The Group plans to establish a hospital chain in northern India, covering cities like Kanpur, Sahibabad, Agra and Bulandshahr, and will have a minimum capacity of 3,000 beds. Read more >>
230-bed multi-specialty hospital to be operational by mid-Jun 2014 in Mumbai
The hospital will open in Dreams Mall in Bhandup. It will have critical care units with 40 beds and five modular operations theatres. Read more >>
DEALS
Aster DM Healthcare to raise about USD 65 mln from existing private equity backers
The round will be led by Olympus Capital Asia Holdings, along with participation from India Value Fund Advisors (IVFA). This deal raises the stake of IVFA and Olympus Capital to 42%. Read more >>
Manipal Health Enterprises (MHE) to acquire Balabhai Nanavati Hospital for INR 400 cr
The amount will cover Nanavati’s current debt, expansion plans, working capital and voluntary retirement scheme (VRS) for some of its 1,400 staff. MHE has been exploring acquisitions in India and overseas.
Read more >>
TECHNOLOGY
Paras Hospital in Gurgaon installs tumour navigation technology
The neuro navigation technology provides surgeons with high resolution 3D image data, thereby helping them plan the least invasive path for surgery. It also provides surgeons with greater precision and control. Read more >>
Chennai government hospital introduces advanced equipment to treat renal stone patients
The Rajiv Gandhi Government General Hospital’s urology department procured a Holmium laser, flexible utereroscopy (URS), harmonic scalpel and a high-definition C arm instrument for its operation theatre. Read more >>
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