FEBRUARY 2015 subscribefacebook sharetwitter shareLinkedIn share
ValueNotes Healthcare Capsule – India Valuenotes.biz
Indian healthcare delivery system needs investment of USD 245 bln in the next two decades
India will require 3 million doctors and 3.5 million hospital beds by 2034 to fight shortage of resources. India can also leverage its strength as a world leader in vaccine manufacturing (currently contributes 60% of global production) to sharpen its focus on preventive care. The huge investment would not only put fiscal pressure, but, would be difficult to implement considering the nature and scale of the new additions. Read more >>
Apollo Hospitals (AHEL) to add 2,000 beds over the next two financial years at a cost of INR 15 bln
AHEL will also add 1,000 beds by the end of the current financial year. This will be over and above the plan for 2,000 beds. It is looking at various avenues, including private equity, to fund the expansion. Read more >>
Telangana government allocates 400 acres of land for 'Smart Health City' in Bibinagar
The government is expected to bear all the costs of constructing roads, quarters for medical professionals, schools, colleges and will allocate the remaining 200 acres for the required necessary facilities. Read more >>
Delhi health department to have two more functional multi-specialty hospitals from Nov 2015
The hospitals consist of an INR 1 billion, 200-bed project located at Burari in north Delhi and an INR 1.25 billion, 200-bed hospital located at Ambedkar Nagar in south Delhi. Read more >>
Apollo Health completes acquisition of Nova Specialty Hospitals for INR 1.45 bln
The move will add 45 modular operation theaters to Apollo Health’s network and the combined network of the two is expected to touch a turnover in the range of INR 1.15 – 1.25 billion. Read more >>
Tata Steel and Sankara Eye Hospital to establish a 100-bed super speciality eye hospital in Odisha
Tata Steel will invest INR 423 million in the hospital that will be implemented and operated by Sankara Eye Hospital. It will be built over 4.5 acres of land and will become operational within a year. Read more >>
CDC Group acquires 10-15% stake in Dr. Devi Prasad Shetty’s Narayana Hrudayalaya Hospitals
The move required an investment of around INR 3 billion by the CDC Group. Also, the Group will subsequently increase its stake in the company as per the share purchase agreement. Read more >>
Chhattisgarh to link five medical colleges to 27 district hospitals for telemedicine services
The step is an attempt to provide timely and quality healthcare to patients, particularly gynaecological and surgical. The specialists from medical colleges will be linked to the doctors in the districts via videoconferencing through Skype.
Four government hospitals, including King George Hospital to be fully computerised in 2015
The development will take place within six months, as part of a pilot project, with funds from the central government. By linking Aadhaar and health card details of the patients, the entire treatment data would be digitised. Read more >>
Australian healthcare firms interested in partnerships with Indian companies, especially in the area of care for the aged
A 25-member Australian Health and Assisted Living delegation was in India to share experiences and develop partnerships with their Indian counterparts. Australian firms are keen to collaborate with Indian businesses to offer solutions to address industry concerns across many areas. Read more >>
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