India healthcare news & reports

Government won’t win price control battle

The Indian government is unlikely to manage to control hospital pricing, despite its battle over stents and other consumables. And none of the big hospital groups are embracing the government's low-cost scheme to cover 50m families.

October 4, 2019

Metropolis makes further acquisitions in India

India-based lab group Metropolis Healthcare has acquired four more labs in the Gujarati city of Surat.

October 2, 2019

Indian eyecare chain secures $43m investment for expansion

Indian for-profit super-speciality eyecare chain ASG has announced it has raised Rs 308 crore in a funding round led by global investment firm Foundation Holdings.

September 20, 2019

Columbia Pacific Management sells Southeast Asian business and targets Africa

Seattle-based Columbia Pacific Management has agreed to sell Columbia Asia's Southeast Asia hospitals for $1.2bn cash and has kicked off a separate sale process for the Indian hospitals, sources familiar with the matter tell us. It is also planning to replicate its Asian success story in Africa, starting in Kenya, HBI can exclusively reveal.

September 19, 2019

Interview: Julian Andriesz, CEO, Verita Healthcare

The massive latent demand to live longer is being tapped by a new generation of health care providers. British entrepreneur Julian Andriesz, 53, made a first fortune building business in SE Asia and got into prevention after watching his mother die of ovarian cancer, diagnosed late. He says his intention is to help his clients, whether they are healthy, have cancer or auto-immune diseases, to live longer, better lives. Verita has a chain of 10 clinics, believes its digital health disease prevention and management platform is about to become the largest in the world and owns IP, and research and manufacturing in Europe, Asia and Australia.

September 12, 2019

India’s largest hospital group eyes return to the UAE

Apollo Hospitals, India's largest hospital group with $1.2bn in sales in 2018/19, says it is eyeing up a return to the UAE a decade after it exited its joint venture there.

August 29, 2019

Ex-Abraaj health fund’s greenfield projects finally coming online

The Evercare Health Fund, formerly Abraaj's Growth Markets Health Fund (AGHF) before the PE firm's fall from grace and now managed by TPG, is finally starting to deliver on its big greenfield projects in the most difficult emerging markets, with the Pakistan hospital recently opened and the Lagos, Nigeria, facility expected in Q2 2020. We talk to a source close to Evercare about the Lahore hospital, the whole platform today and the strategy going forward.

August 8, 2019

Asian lab groups join Global Diagnostics Network

Indian and Japanese lab companies Strand Lifesciences and LSI Medience have joined Quest Diagnostic's 'Global Diagnostics Network' ten months after it launched.

July 22, 2019

Surrogacy law to affect Indian IVF market

A proposed ban on surrogacy in India is likely to damage the revenues of the country's IVF providers.

July 17, 2019

IHH looking to exit large Indian hospital

Pan-Asian hospital group IHH Healthcare Berhad is looking to exit one of its larger hospitals in South India.

India

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