28-May-15 India's Apollo has budgeted Rs1,700 crore to add 600 beds in the second and third quarters of 2016. It expects the investment to be profitable by 2018. By 2016-17, it plans to have 10,000 beds. [image: Money Control]
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21-May-15 The Punjab Cabinet in India has given the nod to foreign players to invest in the healthcare sector, including setting up hospitals in the upcoming Medicity project at Mullanpur in Mohali. The amended policy allows 100% owned subsidiaries, and JVs by foreign health institutions. [image: The First Mail]
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16-May-15 After several horrific cases of malfunctioning medical devices, India's health ministry has approved a materio vigilance program in an effort to ensure safety. Despite being a USD3.1 bn market, India has no system for registering adverse events or tracking safety records. The proposed plan envisages a nation-wide programme involving district hospitals, medical colleges and corporate hospitals. [image: Health Technology]
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14-May-15 India's Wockhardt Hospitals, part of the Habil Khorakiwala-promoted Wockhardt Group, has chalked out an expansion plan, looking at adding two hospitals every year, particularly in tier-I and tier-II cities. In 2014, the firm opened a 350-bed hospital in south Mumbai, its first in four years. [image: Mint]
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12-May-15 India's government has come up with a scheme that will offer free diagnostic tests to people visiting public health centers. Under the scheme, private health service providers will collect blood samples, conduct analysis and provide reporting in locations where public infrastructure is lacking. CT scan services will also be developed at district level under public-private partnership. [image: Newsgram]
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