MARCH 2015 subscribefacebook sharetwitter shareLinkedIn share
ValueNotes Healthcare Capsule – India
Union Budget 2015: India’s finance minister allocates INR 331.5 bln for healthcare sector
According to a CARE report, the healthcare sector seeks incentives to boost domestic innovation in medical equipment which could be in the form of an income tax write-off of 250% of research and development expenses as well as in the form of creation of medical technology parks. However, Arun Jaitley once again disappointed the pharmaceutical industry with no major announcements. Read more >>
200-bed Apollo Hospital soon to open in Nellore, Andhra Pradesh
The hospital will be equipped with advanced facilities to provide services in over 30 specialties ranging from gastroenterology, neurology and gynaecology to cardiology and general surgery. Read more >>
INR 1.5 bln to be infused into Mapusa hospital to complete the building within next two years
The government is also mooting seeking medical services of doctors from homeopathy and ayurveda to meet the shortage of doctors, and will soon issue tenders for supplying medicines to hospitals at the cost of INR 420 million. Read more >>
Goa CM lays stone for INR 236.5 mln Chicalim Cottage hospital
The chief minister of Goa said that his government is planning to introduce teaching faculty and super specialty education by complying with the health norms in the remaining two years of his government’s tenure. Read more >>
Medanta to invest INR 6 bln for another 500-bed hospital in Indore
The institution is already carrying out research in this direction, which will help in making medical treatment more effective and affordable. Read more >>
Hospira acquisition might fetch Pfizer three plants in India
This is part of Pfizer's USD 17 billion acquisition of Hospira. According to sources, these plants were vital for Hospira's injectables business and would play a key role for Pfizer too. For Hospira's expansion plans, the company's India operations are important, primarily for supplies to the US, Europe and other regions. Read more >>
Apollo Hospitals launches its first digital hospital in Chennai with innovative ‘I SEE U’ feature
The ‘I SEE U’ feature is a virtual visitor solution that uses new age imaging to allow virtual patient visits. The 150-bedded specialty hospital will also have on offer high-end tertiary care across various medical disciplines with special focus on neurosciences, cardiac sciences, orthopaedics and trauma. Read more >>
India Home Healthcare (IHHC) to expand to 16 cities by 2016; demands insurance cover for home healthcare
IHHC is increasing its footprint pan India and is hoping that the health insurance sector would recognise this service on similar lines as hospitalisation. The country’s home healthcare service is viewed as a promising business avenue with a massive growth scope. But bringing insurance into the home healthcare sector needs to be seen. Read more >>
Centre to come up with new National Health Policy
The new health policy being prepared by the central government would accord adequate importance to AYUSH – Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy system. The role of AYUSH would be redefined in the new health policy proposed to be unveiled soon. Read more >>
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