Healthcare
AI could cut doctors' paperwork burden as global health worker shortage looms: Report
Artificial intelligence can ease doctor workloads by handling repetitive administrative tasks. This technology helps address a growing global healthcare worker shortage. AI tools can draft clinical documentation, freeing up valuable physician time. Patients can also benefit as AI helps direct them to appropriate care. Ultimately, AI aims to optimize existing healthcare staff for future demands.
LifeCell International partners with Shraddha Diagnostics to expand advanced diagnostics across Gujarat
The company said that the partnership will combine Shraddha Diagnostics' regional presence, clinician relationships and expertise in routine diagnostics with LifeCell's scientific capabilities, specialised diagnostic portfolio and technology-enabled laboratory infrastructure.
Narayana Health, NDB sign pact to share smart hospital expertise
Narayana Health and the New Development Bank have signed a knowledge-sharing agreement. This partnership aims to strengthen smart hospital capabilities and patient-centric healthcare services. The collaboration will focus on digital health and technology transfer for emerging economies. NDB president Dilma Rousseff and Narayana Health chairman Dr Devi Shetty signed the memorandum. This initiative supports NDB's mission to finance development projects in emerging markets.
Maharashtra FDA cracks down on Ayurvedic drug makers, cancels 10 licences
Maharashtra FDA has launched a statewide crackdown on Ayurvedic drug manufacturers. Inspections revealed serious violations of manufacturing and quality control standards at many establishments. Following these findings, 135 manufacturers received show-cause notices for non-compliance issues. Ten manufacturers had their licenses permanently cancelled due to major violations affecting public health. The FDA is ensuring Ayurvedic medicines meet required standards and addressing public health lapses.
Philips India sees India emerging as global R&D, AI hub; bets on healthcare infrastructure for growth
Philips India is focusing on growing healthcare infrastructure and artificial intelligence. The company's R&D footprint in India is significantly strengthening its global operations. Investments will continue to support Philips' positive growth story in the country. Philips sees opportunities in sleep and respiratory care as awareness increases. The company prioritizes value over price when facing competition from other firms.
Wockhardt takes on India’s superbug crisis with new antibiotic academy
Wockhardt has launched the Antibiotic Academy, an open scientific learning platform to strengthen clinical dialogue and evidence-based management of antimicrobial resistance in India. The initiative will connect clinicians, experts, hospitals, scientific societies and policymakers to promote appropriate antibiotic use.
Manipal Hospitals to consider acquisitions in areas of interest, geographic expansion
Manipal Hospitals plans future growth through acquisition integration and market expansion. The company will focus on improving clinical complexity and patient experience. Large hospital acquisitions are becoming scarce, shifting focus to organic growth. Manipal aims to increase bed capacity and utilization over the next three years. Affordability will be managed by enhancing complexity rather than raising prices.
KKR deepens India healthcare bet with $1.39 billion Medicover acquisition
Global investment firm KKR has acquired Medicover India's hospital network for $1.39 billion. This acquisition marks KKR's third hospital purchase in recent years. Medicover India operates 24 multi-specialty hospitals across South and West India. The European healthcare chain will now focus its operations solely within the continent. This transaction allows Medicover to strengthen its financial position and pursue European growth.
Centre to bar drugmakers from selling mislabelled, fraudulently approved products under new provisions
New rules will bar drugmakers from selling products if false information was provided. The Union Ministry of Health & Family Welfare has amended the Drugs Rules, 1945. This adds accountability for drug manufacturers and distributors operating in the country. The Licensing Authority can now debar entities from filing future applications. This amendment aims to deter misconduct and ensure reliable drug approval evidence.
KKR buys Medicover’s India hospitals business
Global investment firm KKR has acquired Medicover India's hospital business. Sources said the the transaction values the hospital chain at around ₹10,000 crore and KKR may invest another ₹3,000-4,000 crore to fuel expansion. The acquisition strengthens KKR's healthcare portfolio, adding Medicover's 24-hospital network while reinforcing its long-term strategy to capitalise on India's rapidly growing healthcare and hospital sector.
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