Category — Healthcare
Dell is all set to enter the IT healthcare market in India with a focus on mid-sized hospitals and other players in this segment. The company has targeted the healthcare market with a new cloud-based solution.
“We will sell to hospitals with 100 beds or above or if they are smaller, but part of a chain such as Cloudnine, VisionCare etc. It will not be the Apollos and Fortis because they have solutions available,” Sid Nair, vice-president and global general manager, healthcare and life sciences, told Financial Express.
Elaborating on their strategy, Nair said initially, it will be a three-year business plan for them in India. “We would monitor it for 18 months. If it works here, we will take it to China and Latin America,” he added.
Dell sees untapped potential in India, China and Latin America. “We want to seed the Indian market right now because the government is paying attention. India currently spends 1.5% of GDP on healthcare. It’s going to increase in the next two years,” he said.The Indian healthcare industry is valued at $160 billion as against the US’s $3 trillion. “While healthcare spending in the US is decreasing, it is growing in India by 15%,” Nair said.
March 29, 2014 No Comments
GE Healthcare, a unit of General Electric Company has formed a strategic partnership with Cancer Treatment Services International (CTSI) to launch a chain of 25 cancer care centers in India. Over a period of five years, the two companies will jointly invest $120 million to set up these centers. The centers will offer state-of-the-art technology for the diagnosis and treatment of cancer at affordable prices, replicating the standards of care found at the world’s leading cancer hospitals.
The cancer care centers will come up across the state of Andhra Pradesh and will progressively expand throughout the country. Per the agreement, GE Healthcare will supply the equipment while CTSI would be responsible for management of medical personnel, treatment and other ancillary services. Following a hub-and-spoke model, each center will be linked to a hub through a sophisticated information technology network supported by a transnational team of doctors and administrators. The hub will provide diagnostic imaging and treatment capabilities, while each center will deliver a range of screening, staging and treatment alternatives.
CTSI offers comprehensive clinical and administrative solutions for treatment of terminal diseases. It presently operates four cancer hospitals in the U.S., making high-quality cancer care accessible at affordable prices. Its healthcare delivery model has proven to be successful in the U.S. and it plans to replicate the success in countries like India, where cancer treatment is still relatively inaccessible and costly.
Currently, India reportedly has at least three million cancer patients, with an addition of 1.23 million new cases every year. As per GE Healthcare estimates, three patients perish in every two minutes due to this deadly disease. The high mortality rates are primarily due to late detection, lack of access to advanced healthcare facilities and high costs related to treatments.
March 29, 2014 No Comments
According to the article, Philips India has showcased its ‘hospital on wheels’ which hosts facilities from an ambulance to ICU.
This ‘hospital on wheels’ is part of an intensive awareness campaign called IntelliSafari where Philips will target smaller hospitals, nursing homes, and clinics in Tier 2 and Tier 3 cities in India covering 300 clinicians over the next month, familiarizing them with state-of-the-art healthcare technology, available at a low cost.
With IntelliSafari, Philips is trying to demonstrate that advanced technology does not always mean expensive technology. The goal of the program is to bring new life saving technology closer to the masses at an affordable price.
A healthcare provider’s responsibility is to provide early and accurate diagnosis along with the best possible treatment, but the price to attain such treatment is often a stumbling block for many small hospitals. Now, with the help of Philips, smaller hospitals can focus on providing patients with the best possible care.
The van is set to travel across key cities in Kerala, before moving on to Karnataka and other parts of India, covering 80 cities in four weeks.
July 31, 2013 No Comments
Skanray Technologies, a medical equipment manufacturing Company based in Mysore, acquired Larsen & Tourbo’s healthcare business earlier this year. Skanray was founded by a team of 40 medical technologists and engineers and manufactures high-frequency X-ray machines and other medical devices. TThe company has a manufacturing facility at Mysore, India but is also setting up assembly plants in Brazil and West Asia. Skanray is wholly-owned by promoters and angel investors, which includes Arun Kumar, a Bangalore-based entrepreneur.
While Skanray has largely been an exporter, the company now plans to take advantage of L&T’s distribution presence across India to widen its reach. A joint venture agreement with a global partner for ultrasound machines is also planned.
May 1, 2013 No Comments
St Jude Medical Inc (a global medical device company based in the US) will make its latest technologies available to patients in India. It will launch Quadripolar technology which will help treat patient with heart failure.
According to Kaustav Banerjee, country manager of St Jude, India is a focus market and the company is dedicated to improving the care of patients throughout the country. The firm, which has its India headquarters in Hyderabad, is focusing on educating physicians and patients about the symptoms and potential treatment options for cardiac problems such as arrhythmia, heart failure, sudden cardiac arrest, and heart valve repair and replacements.
April 25, 2013 No Comments