Policymakers try to catch up with rise of AI in healthcare

Lawmakers and regulators in Washington are starting to puzzle over how to regulate artificial intelligence in healthcare — and the AI industry thinks there’s a good chance they’ll mess it up. “It’s an incredibly daunting problem,” said Dr. Robert Wachter, chair of the Department of Medicine at UC San Francisco. “There’s a risk we come… Continue reading Policymakers try to catch up with rise of AI in healthcare

California single-payer healthcare faces doubts from Democratic leader

SACRAMENTO —  California Assembly Speaker Robert Rivas cast doubt on the latest proposal to create a state-run single-payer healthcare system, saying he likes the idea but isn’t convinced the state can afford it in the face of a budget shortfall of at least $38 billion. “The concept of single-payer and expanding access and affordability are good… Continue reading California single-payer healthcare faces doubts from Democratic leader

Opinion: California wants to make your healthcare less expensive

Californians have racked up billions of dollars in medical debt. Two years ago, Gov. Gavin Newsom and the Legislature granted authority to a new agency, the Office of Health Care Affordability, to rein in health costs that were racing ahead of residents’ ability to pay. But this effort is in danger of being watered down… Continue reading Opinion: California wants to make your healthcare less expensive

Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Mumbai-headquartered diagnostic services provider Metropolis Healthcare is eyeing 60 per cent of its revenues from the business-to-consumer (B2C) segment in the next two-three years. The company’s current share in the segment is 52 per cent. As Metropolis focuses on aggressive network expansion, it has been growing its B2C segment. This includes both the prescription-led… Continue reading Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Jharkhand assembly passes bill to boost state’s healthcare sector

The Jharkhand Health Science University Bill, 2023 was passed by the Assembly on Friday. Speaking to ANI, State Health Minister Banna Gupta said the Bill will prove to be a milestone for the state’s healthcare sector. “This Bill was needed because we want all-round development of the state. I believe that this… Continue reading Jharkhand assembly passes bill to boost state’s healthcare sector

Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

Its consolidated revenues in the first quarter stood at Rs 1,657 crore against Rs 1,488 crore in the year-ago period, a growth of 11.4 per cent. Fortis Healthcare Ltd on Friday reported an 8.6 per cent decline in consolidated profit after tax to Rs 122.5 crore for the first quarter ended June 30. … Continue reading Fortis Healthcare PAT falls 8.6% to Rs 122.5 cr in April-June quarter

Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Metropolis Healthcare on Thursday said its net profit declined 15 per cent to Rs 29 crore for the first quarter ended June 30, 2023. The diagnostics firm had reported a net profit of Rs 34 crore in the April-June quarter of the last fiscal. Revenue from operations declined to Rs 277 crore… Continue reading Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1

Dabur scouting for acquisition targets in D2C healthcare, personal care

Homegrown FMCG major Dabur India is looking for an acquisition in direct-to-consumer (D2C) space, particularly in healthcare and personal care, its Chief Executive Officer Mohit Malhotra said on Thursday. The acquisition will help Dabur to increase its play in the fast-growing premium segment and also to strengthen our urban play, Malhotra said in… Continue reading Dabur scouting for acquisition targets in D2C healthcare, personal care

Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs

Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi’s clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd obtained Sebi’s go-ahead to float the initial share… Continue reading Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs

Emami expects good growth in personal care, healthcare businesses

Emami Ltd vice-chairman and MD Harsha V Agarwal expressed confidence on Tuesday that the FMCG player will have good growth from its personal care and healthcare businesses in the years ahead and the firm expects to grow at 27.9 per cent compound annual growth rate (CAGR) from 2021 to 2027. Emami which saw… Continue reading Emami expects good growth in personal care, healthcare businesses