SINGAPORE PRIVATE MEDICAL CARE
Why is Singapore the world’s most expensive city?
A report by a Swiss bank has noted that Singapore is the world’s most expensive city. Hong Kong, London, Shanghai and Monaco are some of the other cities in the ranking.
Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid them
While health insurers can sometimes be blamed putting customers through unending hardship in clearing claims, many a times it’s the policyholder who is at fault. A significant portion of these health insurance claim rejections can be prevented by asking the right questions during policy selection, carefully reviewing policy documents, and conducting thorough research. This article explores common health insurance claim rejection scenarios and explains how to avoid them.
Everstone to merge two healthcare companies, list combined firm
Everstone Capital, a Pan Asia private equity fund, is merging Translumina Therapeutics, a major cardiac stent maker in India, as part of a big-ticket IPO plan.
Focus on upcoming Budget: Policy in the works on finance, health support for elders
India is considering policy measures for senior care, including expanding healthcare access through Ayushman Bharat, revising pension under the Indira Gandhi scheme, and providing healthcare under NPHCE.
New govt digital locker to store, access, share your medical history: What is ABHA number, eligibility, benefits, how to enrol
ABHA ID card or health ID: Gone are the days when you need to save each and every documents of your medical record for your treatment and insurance. The Centre has introduced ABHA number or health ID, a unique 14-digit number, that will act as your digital health locker. You can easily store and share prescriptions, reports, and bills electronically in Ayushman Bharat Health Account (ABHA). This simplifies managing healthcare for yourself and loved ones, ensuring crucial records are always accessible for diagnosis, treatment, and insurance claims. ET Wealth Online explains — what is ABHA number or health ID, how ABHA number works, how ABHA number will benefit you. Read here
Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge
Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
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Singapore Airlines offers compensation to passengers on severely turbulent flight
Passengers said crew and those not strapped in left the floor or their seats and slammed into the cabin ceiling, cracking it in places. A Bangkok hospital treating passengers said there were spinal cord, brain and skull injuries. As of June 4, more than two weeks after the May 20 flight, 20 passengers were still receiving medical care in hospitals in Bangkok, according to the airline. It did not respond immediately to a request for an updated figure.
CX Partners buys controlling stake in fertility centre Sabine
Founded in 2010, Sabine's Muvattupuzha hospital draws couples from across Kerala for IVF treatment that helps individuals or couples get pregnant. On an average, Sabine does about 500-600 IVF cycles per month, or about 42%-45% of all IVF procedures in Kerala.
Land for jobs 'scam': Delhi HC directs medical evaluation of Lalu's aide Amit Katyal
The High Court emphasised that the right of health of an individual, being a facet of right to life under Article 21, cannot be abridged without due process of law in a mechanical manner and an individual can be released on an interim bail when specialized treatment and care, which cannot be provided in jail, is necessary.
Kate Middleton to step away from royal duties? Shocking report claims she might 'not return'
Princess of Wales, Kate Middleton, may not return to her royal duties as she continues to battle cancer, according to recent reports. Insiders reveal that her team is reassessing her future responsibilities, and she will not appear in public for the rest of 2024. Despite her health challenges, Kate remains actively involved with her three children. Her return to royal duties will depend on medical advice, and the palace emphasizes the need for privacy during her recovery.
China beats the war drums at Shangri-La Dialogue
Chinese Defense Minister Admiral Dong Jun delivered a strong message at the Shangri-La Dialogue in Singapore, emphasizing China's stance against hegemonism and power politics in the Asia-Pacific region.
Delhi hospital fire: How unchecked private nursing homes thrive amid high costs & poor infra
The high costs of medical care at private corporate hospitals in Delhi, combined with inadequate infrastructure at government facilities, have led to a significant increase in the demand for private nursing homes. Unfortunately, these facilities often disregard regulations, with little effort from the administration to ensure compliance and accountability.
NCPCR chief blames authorities for fire at children's hospital in Delhi
Twelve newborns were rescued from the facility but seven of them died. Five babies are undergoing treatment at another hospital.
An investment advisor – A planner for your financial dreams
Globalisation, urbanisation, and technology have impacted the Indian lifestyle, blending tradition with modernity. The anticipated growth in Indian household wealth underscores the need for effective investment planning and wealth management.
22 passengers suffered spinal cord injuries, 6 had head trauma from turbulence-hit SIA flight
Flight SQ321, which was heading to Singapore from London, experienced sudden extreme turbulence on May 21. Briton Geoffrey Kitchen, 73, died during the turbulence, reportedly due to a heart attack.
Singapore Airline revises seatbelt rules following London flight turbulence
On Tuesday, Flight SQ321 encountered severe turbulence, causing the plane to lose altitude and necessitating an emergency landing in Bangkok. As a result, one passenger died, and many others remain hospitalized in Thailand with serious injuries, including spinal-cord damage and head trauma.
Singapore Airlines cooperating with authorities in probing severe flight turbulence incident
Singapore Airlines (SIA) is cooperating with authorities in the investigation into a London to Singapore flight that encountered severe turbulence, leading to the death of one passenger and injuring 30 others. Geoffrey Kitchen, a 73-year-old British passenger, died likely due to a heart attack on the flight. The remaining passengers aboard the Boeing 777-300ER aircraft were examined and treated at the airport.
Aviation experts to begin probe of Singapore Airlines turbulence incident that left British man dead
Aviation investigators arrived in Bangkok on Wednesday to learn how and why severe turbulence sent a Singapore Airlines plane into a sudden dive that tossed passengers and crew around the cabin, leaving a British man dead and dozens others injured. Twenty people remained in intensive care in hospital after Flight SQ321, which was flying from London's Heathrow airport to Singapore, hit the turbulence Tuesday over the Andaman Sea.
Delhi's ailing healthcare infrastructure calls for urgent revamp
Delhi, despite hosting prestigious medical institutions like AIIMS and Safdarjung, faces significant healthcare challenges. The Delhi High Court recently acknowledged the inadequate medical infrastructure and shortage of hospital beds. Several incidents of government hospitals refusing treatment due to lack of resources, resulting in patient deaths, have underscored the urgency of the situation.
Defensive stocks: FMCG is “passe”; 8 stocks from two sectors may be called “new defensives” with upside potential of up to 32%
1994 to 2024 is a difference of 30 years, but there is one thing which has remained constant, advice to move to defensive stocks when markets are volatile or there is an event risk. Four questions need to be asked; first, what is a defensive stock? Second, is a stock which was considered a defensive in 1994 when the Indian economy was just opening, still a defensive stock in 2024 ? Third, should there be a new definition of defensive stock in 2024 ? Last but not the least, what are the new defensive sectors or stocks?
Singapore seeing new COVID-19 wave, minister advises wearing of masks
Singapore faces a COVID-19 wave with 25,900 cases. Health Minister Ong advises mask-wearing. Ministry of Health adjusts hospital operations. Public urged to stay updated on vaccinations and COVID-19 variants. Vaccines proven safe and effective with no long-term concerns.
Serum Partners US company to advance needle-free injection technology
SII said, in a statement on Friday that the partnership with IntegriMedical aligns with its vision of 'Health for All' and IntegriMedical's mission to 'transform healthcare globally' by providing patient comfort, ensuring increased patient compliance, reducing needle-stick injuries, and enhancing the efficacy of liquid medication via needle-free dispersion.
Serum Institute buys 20% stake in IntegriMedical
Serum Institute of India acquires 20% stake in IntegriMedical for N-FIS drug delivery solution. Adar Poonawalla envisions a needle-free vaccine administration. N-FIS has regulatory approvals and patented technology. Available in the Indian private market, it eliminates needle-phobia and prevents injuries.
Diminishing healthcare quality, worsening patient health outcome: Lancet study decries healthcare privatisation
Study in The Lancet magazine reveals that healthcare privatization globally lowers quality of care and worsens patient outcomes. Based on extensive research across high-income nations, it highlights the negative impact of converting public hospitals to private entities and outsourcing services. Concerns raised amid Supreme Court scrutiny over healthcare cost discrepancies
Founder Sachdev to retain majority stake in Centre for Sight
The Padma Shri awardee, who previously headed the ophthalmology department at All India Institute of Medical Sciences, told ET that he would be among the few entrepreneurs in this sector to remain in control of his company after private equity investors swamped the space announcing a slew of investments in the past 24 months.
ChrysCapital to invest Rs 830 cr in Centre For Sight, to pick Mahindra Holdings' entire stake
ChrysCapital, a domestic PE fund, is set to invest up to Rs 830 crore in New Delhi's Centre for Sight (CFS), a leading eye care chain, partly acquiring Mahindra Holdings Limited's stake. The investment aims to bolster CFS's expansion across India's Tier 1 and 2 cities. CFS, founded in 1996, operates 83 centers across 15 states/UTs and 39 cities, expecting revenue of Rs 515 crore in FY24.
Venturi Partners invests $27 million in Peak XV-backed K12 Techno
Venturi Partners acquired a 5.12% stake in K12 Techno Services from Navneet Learning, operating Orchids international schools. The firm invests from its $180 million maiden fund in companies like Livspace, Country Delight, and Pristyn Care.
Will short-term headwinds impact long-term potential? 6 stocks from hospital sector with upside potential of up to 30%
After outperforming the market, stocks from the healthcare sector or what is more commonly called hospital sector have gone into consolidation mode. The consolidation has been prompted by the fact that voices have been raised about differential pricing in the services of the hospitals. The matter has reached the Supreme Court and will be heard. Given the fact that while medicine is a science but in real life as practice it has an element of art in it. For example, a hospital who has a renowned surgeon from any branch, be it cardio, neuro on its roll may charge up more for the same surgery as compared to others. While the moral debate is on one side, there is another side to the story. In a country like India, the healthcare infrastructure needs vast expansion and upgradation. To some extent the street is ruthless and does not have much moral obligation.
Quadria Capital picks up stake in NephroPlus for $102 mln
Quadria Capital invests $102 million in NephroPlus, India's largest dialysis chain, acquiring a minority stake. The move supports NephroPlus in meeting the rising demand for dialysis services in India and Asia. Quadria anticipates dialysis demand growth over the next five years in its targeted markets. The investment values NephroPlus at over $239.6 million. NephroPlus operates approximately 450 dialysis centers across India, the Philippines, and Uzbekistan
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