DIGITAL HEALTHCARE

More in DIGITAL HEALTHCARE

• Apollo Hospitals Q4 Results: Net profit rises 76% YoY to Rs 254 crore

  Diagnostics and retail healthcare business grew 15% YoY to Rs.355 crore in Q4FY24. The EBITDA margins for the business rose 178 basis points YoY to 10.06% in Q4.

  

• GenAI has potential to completely transform India's healthcare system: PwC India

  PwC said by leveraging technologies such as natural language processing and predictive analytics, GenAI stands at the forefront of a healthcare revolution, offering solutions from real-time clinical decision support to personalised patient interaction and care.

  

• Need to set a new target of $200 billion for India's bioeconomy: Kiran Mazumdar-Shaw

  Speaking at the 3rd edition of the Global Bio-India summit, Kiran Mazumdar-Shaw said the target of $150 billion is going to be achieved by the end of this fiscal of 2023. Therefore, the target to be set for 2025 and beyond, should be closer to 200 billion dollars.

  

• MediBuddy raises $18 million in funding from existing investors

  The current funding round is in continuation of the Bengaluru-based startup’s series C fundraise of $125 million in February 2022. The funds will be used to fuel the company’s growth and expansion plans through strategic acquisitions. MediBuddy offers online and offline doctor consultations, medicine delivery, lab tests at home, mental health consultations, surgery care among other healthcare services.

  

• Singapore's HMI Group to buy healthcare tech platform MHC Asia

  The acquisition, as per HMI, will help it to tap into the digital healthcare space in Southeast Asia, which has an estimated market size of $11 billion by 2027, and give the combined group a revenue base of over S$350 million.

  

• Practo’s software Ray in compliance with ABDM ecosystem

  Ray will enable doctors, and healthcare professionals to generate digital health records for patients. Apart from this, it will also provide features such as registering their practice under ABDM’s health facility registry (HFR), a prerequisite to avail DHIS benefits; creating a QR code for their practice or clinic that patients can easily scan and self-register without having to wait in a queue.

  

• Siemens Healthineers, Nasscom CoE announce startup accelerator programme

  The accelerator programme will focus on six major domains, access to care, networked care & digitally enabled services, radiology imaging, in-vitro diagnostics, and advanced image-guided therapy to improve care in cardiology, neurology, oncology, and infectious diseases. Startups that are part of the programme will have the opportunity to participate in demo days organised by Siemens Healthineers and Nasscom CoE at a global level.

  

• 84% healthcare providers to increase digital solutions budget in next 12 months: Survey

  According to the survey report, while planned technology spending is encouraging, cyber threats and data privacy concerns loom over. The hospital database contains confidential patient information, including medical diagnoses, treatment records and insurance information.

  

• MediBuddy acquires vHealth by Aetna

  The company in a press statement said that over the next six months, the 'vHealth by Aetna' business will transition to being rebranded as 'MediBuddy vHealth'.

  

• Vision 2023: The role of tech-driven innovations in reimagining the Indian healthcare landscape

  If 2022 was high on intent, 2023 will prove to be the year of action. In the year ahead, there is an overwhelming need to embrace the power of digital healthcare. Healthtech start-ups today are bringing a deep domain understanding of the challenges to access and affordability to innovate and create new business models and partnerships.

  • Exclusive

  

• At The Edge Of A Revolution- Healthcare Is Going Virtual

  The journey of digital healthcare so far has been one to marvel but with futuristic technology striving to reduce the gap of access to high-quality and patient-centric healthcare, the sector is at the edge of a revolution.

  • Exclusive