Apollo Hospitals

Strategy is to attract medical tourists by offering both medicinal systems at one place, says senior executive

In a Q&A, Prathap Chandra Reddy talks about the need to focus on medical tourism and medical education to meet the demand of 18 million professionals in the sector by 2030

Apollo Hospitals collaborated with LifeSigns to donate 1,000 remote patient monitoring patches to support victims after last month's earthquake in southeast Turkiye and northern Syria, it said in a statement on Monday. These patches, manufactured by LifeSigns, can be used in settings where patients need close monitoring of vital signs, including cardiac rhythm. According to the statement, "They allow doctors to reliably monitor a patient's heart rate, ECG (electrocardiogram) rhythm, respiratory rate, temperature, and position, and can also be used to connect to oxygen saturation monitoring devices. "This will free up critical care beds for the sickest patients, and those who need care outside of hospitals or in the field can use the patches." Dr Sai Praveen Haranath of Apollo Hospitals said, "Apollo Hospitals stands ready to assist Turkiye in this hour of need to help with medical assistance and guidance from our entire critical care and sub-specialist teams..." The February 6 ...

The deal may result in Flipkart gaining access to technologies of the platform, the people said on condition of anonymity

Revenue of existing hospitals grew 9 per cent, while the new hospitals grew by 8 per cent

Telecom operator Bharti Airtel and Apollo Hospitals have carried out India's first 5G driven, artificial intelligence guided trial to detect colon cancer, the telecom firm said on Thursday. The trial was conducted using AI on Airtel's 5G technology with ultra-low latency and high processing capabilities, as a result of which the colon cancer was detected much faster and with greater accuracy, it added. "At Airtel, we are geared up to lead this transformation and have demonstrated this by conducting India's first colonoscopy trials. Healthcare is one of the most promising use cases for 5G, and we are delighted to collaborate with Apollo Hospitals, AWS, HealthNet Global and Avesha," Airtel Business CEO and Director Ajay Chitkara said. HealthNet Global, AWS and Avesha were the other three companies that collaborated on this trial. The data was processed by Avesha edge inferencing applications on AWS platforms on real time basis, resulting in faster analysis. "AI assisted Colonoscopy

Dr Sangita Reddy, Managing Director, Apollo Hospitals, on Tuesday cautioned the government to act swiftly on policy regarding air travel to and from China

Apollo Hospitals on Thursday said its consolidated net profit declined 20 per cent to Rs 213 crore in the second quarter ended September. The healthcare major had reported a net profit of Rs 267 crore in the July-September period of previous fiscal. Total income increased to Rs 4,274 crore in the second quarter of the current fiscal as against Rs 3,723 crore in the year-ago period, Apollo Hospitals said in a regulatory filing. Shares of the company ended 1.8 per cent down at Rs 4,282.25 apiece on the BSE.

Reddy talks to Pavan Lall about collective thinking, the power of the family constitution and why private healthcare is often misunderstood

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Apollo Hospitals Enterprise Ltd on Wednesday said it has acquired a 60 per cent stake in leading classical Ayurveda hospital chain AyurVAID for a consideration of Rs 26.4 crore. The investment will be used to upgrade existing centres, set up new centres, strengthen enterprise platforms, and for digital health initiatives, the healthcare major said in a regulatory filing. Beginning with a revenue estimate of over Rs 15 crore for FY23 for AyurVaid, the target is to achieve Rs 100 crore in the next three years, it added. "We believe there is immense scope to deliver evidence-based integrated medicine, combining allopathic and traditional models, to improve outcomes and quality of life for our patients. This will be a transformational journey, which will lead to the evolution of care models in India and around the world," Apollo Hospitals Enterprise Chairman Prathap C Reddy stated. The Apollo-AyurVAID partnership will be a beacon of hope not just for Indian citizens, but for medical .

Experts note that the transition of the sector to the asset-light model has significantly enabled it to use fewer funds for setting up hospitals, thus bringing significantly higher returns on equity

Analysts positive on the healthcare major with target prices ranging between Rs 5,000 - Rs 5,250

A report by AlIMS panel of doctors has asserted that the treatment provided to late Tamil Nadu CM Jayalalithaa was as per "correct medical practice and no errors" have been found in the care provided.

The company's revenue from operations dipped marginally by 1 per cent during the quarter under review to Rs 3,795.60 crore, as against Rs 3,760.21 crore

The company had posted a consolidated net profit of Rs 500.68 crore in the same period last fiscal, Apollo Hospitals Enterprise Ltd said in a regulatory filing.

CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting

The hospital asset was sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to Nayati Healthcare and Research NCR Pvt Ltd

Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early

Adani and Apollo's deal with Metropolis could be at least worth $1 billion or Rs 7,765 crore, given the market captalisation of the diagnostic chain