Health

Regency Health, a hospital chain, announced on Tuesday that it has secured an investment of INR 450 crore from Norwest Venture Partners. In light of this fresh infusion of funds, the company has outlined ambitious plans to expand its bed capacity to 2,300 by 2027, particularly strengthening its presence in Uttar Pradesh.

In a rapidly evolving healthcare landscape, the integration of artificial intelligence (AI) has emerged as a transformative force. The World Health Organization (WHO) has recognized the immense potential of AI in healthcare and recently outlined key regulatory considerations to ensure its responsible implementation. Transparency and documentation, risk management, data validation and clear communication ...

Private equity giant Blackstone has taken control of a majority stake in CARE Hospitals, previously owned by Evercare, a division of TPG RISE funds. Additionally, CARE Hospitals has formalized an agreement to acquire a majority stake in KIMS Health. The strategic move is set to establish one of India's largest hospital networks, including ...

Quality Care India Limited (QCIL), a hospital platform owned by private equity fund Blackstone, has entered into an agreement to acquire KIMS Health Management (KHML), a prominent hospital chain of Kerala. The deal values KHML at INR 3,300 crore (USD 400 million). QCIL, which operates the CARE Hospitals network, is jointly ...

Amidst the backdrop of the Covid 19-induced lockdown, a distressing situation unfolded as Courtney's four-year-old son, Alex, began to suffer from agonizing pain and exhibited stunted growth. A three-year-long battle involving consultations with 17 doctors left them without a conclusive diagnosis. Faced with a lack of clarity regarding her son's condition, Courtney turned ...