Category: Medical

  • Chorley Hospital to close down 24-bed facility

    Chorley Hospital to close down 24-bed facility

    The closure of a hospital ward is among the “real-world impacts” of the difficulties facing a hospital trust in “financial special measures”, its chief executive has told a board meeting.

    Lancashire Teaching Hospitals NHS Foundation Trust (LTH) which runs Chorley and South Ribble Hospital is funded by the Lancashire and South Cumbria Integrated Care Board (ICB).

    The ICB has to make more than £530m in efficiency savings this financial year.

    Staff on the Cuerden ward at the Chorley hospital were told last month the 24-bed facility, which is less than three years old, would shut at the end of March.

    The Cuerden ward building opened in July 2022 to provide additional space for diabetes, endocrinology and other general medical patients, the Local Democracy Reporting Service said.

    Confirming the closure last month, LTH said it was part of the process of “flexing” how many beds were open according to demand, which is greatest during the winter.

    However, Silas Nicholls, LTH boss acknowledged at a board meeting on Thursday the “difficult decision” also had its roots in the budgetary pressure the trust is under.

    Just days earlier LTH had been placed by NHS England into the equivalent of financial special measures officially known as NHS oversight framework segment 4 along with East Lancashire Hospitals Trust, Blackpool Teaching Hospitals NHS Foundation Trust and the overarching ICB.

    All of those organisations will now receive “intensive support” to recover their financial positions.

    ‘Avoid redundancies’
    Referring to the Cuerden ward closure, Mr Nicholls said it was also the result of the fact the facility had initially been funded by additional money pumped into the NHS to deal with Covid pressures earlier in the pandemic.

    One of its initial uses was to assist with patient flow through the hospital system and provide beds for those close to being discharged.

    He told board members “good progress” was being made in attempts to avoid redundancies and redeploy staff in the wake of the ward closing.

    “We are working to make sure that no staff lose their jobs over this,” he said.

    Mr Nicholls said the aim was to repurpose the modular-designed building for another use, rather than leave it vacant. BBC

  • EMA establishes standard procedure for high-risk MedTech manufacturers

    EMA establishes standard procedure for high-risk MedTech manufacturers

    EMA, in close collaboration with the European Commission, has established a standard procedure for manufacturers of certain high-risk medical devices to request scientific advice on their intended clinical development strategy and proposals for clinical investigation.

    Manufacturers of class III devices and class IIb active devices intended to administer or remove medicines can now submit their request for advice via a portal and consult the medical device expert panels at different stages of the clinical development.

    Advice given by the medical device expert panels is a key tool to foster innovation and promote faster patient access to safer and more effective devices.

    This regular scientific advice procedure follows a pilot launched in February 2023, which has helped to establish this procedure and gathered positive feedback from manufacturers and panel experts. EMA will publish a report on the pilot in the coming weeks.

    There are currently no fees associated with these requests.

    More information on the submission process, including step-by-step instructions for applicants and monthly submission deadlines is available on EMA’s website.

    Manufacturers of high-risk medical devices intended for the treatment of a rare condition should apply for advice via the ongoing pilot programme to support orphan medical devices. European Medicines Agency

  • Modi’s US visit: India considering tariff cuts on medical, surgical equipment, others

    Modi’s US visit: India considering tariff cuts on medical, surgical equipment, others

    Indian Prime Minister Narendra Modi is preparing additional tariff cuts ahead of a meeting this week with US President Donald Trump that could boost American exports to India and avoid a potential trade war, government officials said.

    Trump’s top economic adviser Kevin Hassett said on Monday that India has high tariffs that lock out imports and Modi would have a lot to discuss with Trump when the two leaders meet.

    As well as tariff cuts, Modi is expected to propose increased energy and defence imports during a two-day US visit from Wednesday.

    Trump said on Sunday he plans announce new 25% tariffs on all steel and aluminum imports into the US on Monday, on top of existing metals duties, and reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately.

    He has previously called India a “very big abuser” on trade.

    Trump believes the United States should impose reciprocal tariffs that are at least equal to those imposed by other countries, Hassett said in an interview with CNBC, adding, “If they go down, we’ll go down.”

    India is considering tariff cuts in at least a dozen sectors, from electronics to medical and surgical equipment, and chemicals, to boost US exports in line with New Delhi’s domestic production plans, three government officials said.

    The officials spoke on condition of anonymity as they were not authorised to speak to the media.

    India’s trade and foreign ministries, and the prime minister’s office, did not respond to requests for comment.

    India is in talks with the United States for the purchase and co-production of combat vehicles as well as finalising a fighter jet engine deal, people familiar with the matter said. Trump asked Modi in a call last month to buy more US-made security equipment and move “toward a fair trading relationship”.

    In a statement on Monday, Modi said, “This visit will be an opportunity to build upon the successes of our collaboration in his (Trump’s) first term.”

    He added that technology, trade, defence, energy, and supply chain resilience were areas in which the partnership could be elevated and deepened.

    Trade ties between the two nations have grown steadily over the last decade, with Washington increasingly viewing New Delhi as a counterbalance to China’s growing regional influence.

    The Indian government officials said concessions were being considered on items that India primarily sources from the United States or has more potential appetite to buy, such as dish antennas and wood pulp.

    Two-way trade exceeded $118 billion in fiscal 2023-2024, with India posting a surplus of $32 billion.

    Mini-trade deal
    As well as discussing tariffs with Trump, India is open to discussing a possible mini trade deal, two government officials said.

    Modi’s early visit aims to avoid a “trade war-like situation that is happening between the United States and China,” a third official said.

    The meeting has been overshadowed by the recent deportation of Indians from the United States.

    Trump has already slapped sweeping tariffs of 10% on imports from China, spurring Beijing to respond with duties on American energy.

    India’s budget this month cut average import tariff rates to 11% from 13% on several items, besides reducing taxes on high-end bikes and luxury cars. India is also reviewing surcharges on more than 30 items, including luxury cars and solar cells.

    Nearly a fifth of India’s exports of engineering goods — comprising steel and aluminum and worth about $25 billion — are at risk if Trump adopts the proposed 25% tariff, an official of an industry body said.

    “We are in a wait-and-watch mode and hope the issue can be amicably resolved during Prime Minister Narendra Modi’s visit,” the official said, speaking on condition of anonymity as the matter is a sensitive one.

    Metals stocks led losses in Indian shares after news of Trump’s tariff plans on steel and aluminium. India’s benchmark indexes fell 0.8%, with the metals index dropping 3%. Reuters

  • Foreign investments into Indian healthcare rose to USD 1.5 billion in 2024

    Foreign investments into Indian healthcare rose to USD 1.5 billion in 2024

    If everything falls into place, India’s healthcare sector could be in for a significant round of growth from new investments and favourable government policies find their mark.

    Over the last week, both the central budget announced by India’s Finance Minister Nirmala Sitharaman and the Kerala state budget placed special emphasis – and more important, government backing – to get more from medical tourism.

    It wasn’t just coincidence that healthcare sector and medical tourism found prominent mentions in both budgets. And more Indian states could be lining up their own policy shifts in attracting healthcare sector funding.

    According to Dr Azad Moopen, founder and Chairman of Aster DM healthcare, “For investors—both domestic and NRI—this moment presents a wealth of opportunities. The Indian government’s decision to ease visa norms for medical tourism is a game-changer, especially for a state such as Kerala.

    “India’s positioning as a global healthcare destination opens up vast potential for investment.”

    Dr Moopen’s India operations is going through a potential merger deal with Quality Care, a hospital operator with a sizeable presence in northern India.

    Sources say this year could see more GCC based institutional funding going into healthcare operators in India, even those who have their strengths outside of the metropolises. Andhra and Telangana are rated as high potential as are Uttar Pradesh and Maharashtra.

    Budget speak
    This is what Sitharaman had to say during the budget speech: “Medical tourism and ‘Heal in India’ (initiative) will be promoted in partnership with the private sector along with capacity building and easier visa norms.”

    As while presenting the 2025-26 Kerala budget, the state’s Finance Minister K. N. Balagopal confirmed plans to set aside up to Rs500 million in further expanding health tourism. “The (Kerala) state government will hold a global level campaign to feature the health tourism potential of Kerala,” he added, for good measure.

    Now, if these proposals turn into actual action plans, then India’s healthcare sector and allied areas could be in for a sustained growth run. “India can offer one of the most cost-effective medical consultations and hospital facilities in the world,” said the owner of a healthcare company in the Gulf. “There are GCC investors wanting to partner Indian companies to develop all such possibilities.

    “It’s good the Indian government is talking about developing medical tourism. If policies don’t come through, India will waste opportunities in healthcare.”

    Need more investments in Indian healthcare – and fast
    That sentiment about offering cost-effective services resonates loud.

    In 2024, foreign investments into Indian healthcare rose to $1.5 billion, with nearly half of this going into hospitals. This compares to 24% as healthcare FDI in FY21 and 43% in FY20.

    Plus, investors are getting their rewards from putting money into healthcare stocks.

    “These last 12 months, the Indian healthcare space has rewarded investors decently,” said Milan Vaishnav of ChartWizard. “While the NSE Healthcare Index has returned 20.81% over the past year, the BSE Healthcare index returned 23.95%.”

    Market sources say the $1.5 billion in foreign direct investment is just a glimpse of the kind of potential India’s healthcare sector offers. “There are existing hospitals that could do much better with new investments or global partners,” said an official with a healthcare fund operator.

    Kerala is well placed
    According to Dr Moopen, new policies such as easier visa processing will ‘strengthen Kerala’s position as a leading medical tourism hub while also boosting local businesses, hospitality, and allied services. “For Aster, which already caters to a large number of international patients, this is a significant opportunity to expand beyond Middle East and tap into new markets.” Gulf News

  • Punjab govt under Opposition fire for misusing Ayushman Bharat funds

    Punjab govt under Opposition fire for misusing Ayushman Bharat funds

    Leader of the Opposition (LoP) in the Punjab Assembly Partap Singh Bajwa on Thursday accused the Aam Aadmi Party-led Punjab Government of misusing funds under the Ayushman Bharat scheme.

    It has been more than four months since the Punjab and Haryana High Court asked the AAP Government to furnish details of the expenses incurred on advertising and purchase of new vehicles. However, the state government has failed to comply with the directions. The high Court was hearing a petition about the non-release of funds under the Ayushman Bharat scheme.

    “There are fair chances that the AAP Government misused the funds. Instead of clearing the dues of over Rs 500 crores of the private hospitals registered under the Ayushman Bharat scheme, the government misutilised the funds perhaps on other things, including advertisements, purchasing new vehicles and renovation of the houses of ministers and MLAs,” Bajwa added.

    Senior Congress Leader Bajwa said the private hospitals in the state suspended treatment of Ayushman card holders, claiming that their dues were not cleared by the state government.

    Under this scheme, cashless and paperless treatment is available at government and empanelled private hospitals. Initially, 16.65 lakh families were covered under the Union Government’s programme. But in 2022, the then Congress government decided to extend the scheme to families of farmers and those who were not covered under any health scheme, thereby adding 22.12 lakh more beneficiary families.

    “By not clearing the dues of hospitals, the AAP Government’s anti-poor face has been exposed. Meanwhile, the government is reluctant to provide details how the funds had been spent. The government seems to have a lot to hide,” Bajwa said. The Tribune

  • Chandan Healthcare launches IPO to mop up Rs 107.36 crore

    Chandan Healthcare launches IPO to mop up Rs 107.36 crore

    Chandan Healthcare Ltd. launched its public offer on Monday to mop up Rs 107.36 crore from investors in the primary markets. The company which operates diagnostic centres has branches located in multiple cities in North India. On the opening day of Chandan Healthcare SME IPO, here is what investors must know about the offer, price band, GMP and other details.

    Chandan Healthcare IPO: Key details
    The Chandan Healthcare IPO consists of a fresh issue of 44.52 lakh shares worth Rs 70.79 crore and an offer for sale of 23 lakh shares aggregating to Rs 36.57 crore.

    The NSE SME IPO will remain open for bidding from Feb. 10 to Feb. 12.

    Share allotment for the IPO is likely to be done on Thursday, Feb. 13. Successful bidders will receive credit of shares to their demat accounts on Friday, Feb 14, while refunds will be issued to the unsuccessful ones on the same day.

    Shares of Chandan Healthcare are likely to be listed on the NSE SME platform Emerge on Monday, Feb. 17.

    The company has reserved 50% of the net issue for qualified institutional buyers, 35% for retail investors and the remaining 15% for non-institutional investors.

    Chandan Healthcare IPO price band has been set at Rs 151 to Rs 159 per share. A single lot of the IPO comprises 800 shares, taking the minimum investment amount for retail investors to Rs 1,27,200.

    KFin Technologies Ltd. is the registrar for the Chandan Healthcare IPO, while Unistone Capital Pvt. has been appointed as its book-running lead manager. RK Stock Holding Pvt. is the market maker for the issue.

    Chandan Healthcare IPO: Day 1 subscription status
    Chandan Healthcare IPO has been subscribed 0.13 times as of 4:10 p.m. on Monday, as per market tracking site Chittorgarh:

    • Qualified Institutional Buyers: nil
    • Non-Institutional Investors: 0.07 times
    • Retail Investors: 0.24 times

    Chandan Healthcare IPO GMP today
    Chandan Healthcare IPO GMP (grey market premium) was Rs 10 apiece as of 2:37 p.m. on Feb. 10, according to InvestorGain. This indicates a listing gain of 6.29%, with the shares expected to debut on NSE SME at Rs 169 apiece given that the current trends are sustained. NDTV Profit

  • SMH approves USD 450M for building 100-bed hospital in North Port

    SMH approves USD 450M for building 100-bed hospital in North Port

    The Sarasota County Public Hospital Board approved funding Tuesday for a $450 million, 100-bed acute care hospital on 32 acres it owns on Sumter Boulevard near Interstate 75, aiming to start construction later this year, as part of its centennial celebration.

    While recognizing the attendance of North Port Development Services Director Alaina Ray at the meeting, Hospital Board Member Brad Baker quipped, “It’s not every day that somebody drops a check for $450 million in your office; I think it’s important that you came to receive it.”

    The 8-0 vote of approval – with board member Bridgette Fiorucci absent because of scheduling conflict – followed a unanimous recommendation made earlier Tuesday by the hospital board’s Mission and Planning Committee.

    Sarasota Memorial Health Care System President & CEO David Verinder said, “Building a hospital in North Port has been part of our strategic plan and goals for many years, and I could not be more excited to break ground in 2025 during our centennial year,” in a prepared statement released shortly after the vote.

    “It has taken time to build the medical infrastructure necessary to support the city’s first hospital, but we feel confident moving forward that we have the commitment and resources to ensure its success,” he added.

    SMH has been working with city staff and other regulatory agencies on parallel tracks to obtain initial approvals for both this 32-acre campus and a 28-acre tract the hospital owns at the intersection of West Villages Parkway and Tamiami Trail in Wellen Park.

    SMH has long targeted a free-standing emergency room at the Wellen Park site, with an eye toward developing a second hospital there, too.

    This summer at its strategic planning session, the hospital board will look at its plan for the Wellen Park expansion, as well as the facility it opened in 2009 that houses both physicians offices and a free-standing emergency room.

    Meanwhile, Hospital Corporation of America Florida Englewood Hospital is anticipating opening an 11,300-square-foot freestanding emergency department on a 30-acre campus in Wellen Park as soon as March.

    That HCA campus may someday expand into an acute care hospital as well.

    What will the new SMH hospital look like?
    Renderings are not yet available but the initial structures will be a hurricane-hardened, 305,000-square-foot hospital, 60,000-square-foot medical office building and back-up energy center.

    The first floor of the hospital will include emergency, diagnostic, administrative and support services; with surgical and procedure areas on the second floor.

    The 100 private patient rooms will be on the third through fifth floors, while the sixth floor will house the hospital’s mechanical infrastructure.

    That 100-bed hospital could eventually be expanded to 208 beds. SMH has already received approval from the city to build a 150-foot-tall facility at both the Sumter and Wellen Park campuses, since the current plan is for the designs to be identical.

    To staff the hospital, SMH would have to hire an additional 74 physicians.

    How is North Port’s medical landscape changing?
    When the new SMH-North Port opens in the fall of 2028, it will not be the first hospital in North Port.

    That distinction goes to the 144-bed Acadia Healthcare North Port Behavioral Health. City officials helped cut the ribbon on that private behavioral health hospital on Jan. 23.

    The facility is estimated to employ 92 people with an average salary of approximately $67,000.

    North Port Behavioral Health will treat patients with depression, anxiety and substance abuse disorders.

    The hospital is also collaborating with the city of North Port to provide 24/7 crisis counseling, PTSD training and resources for first responders.

    Exalt Health, a Garland, Texas-based healthcare provider, plans to build a 40-bed rehabilitation hospital in Wellen Park and Bay Pine VA Healthcare System plans to replace its current VA Clinic in Port Charlotte with a new one in North Port.

    Still, as North Port City Manager Jerome Fletcher noted in a prepared statement, the decision to build its first hospital in the city at Sumter Boulevard is “a landmark step for North Port.”

    “With today’s decision, the quality health care so many North Port residents have desired for years is finally on its way to our community, along with new career opportunities for our workforce,” he added. “The city is committed to working with SMH through the development process to bring this project to life.” Sarasota Herald-Tribune

  • NY Governor defends funding for Upstate Hospital’s emergency room renovation

    NY Governor defends funding for Upstate Hospital’s emergency room renovation

    Governor Kathy Hochul didn’t offer any wiggle room in the amount of money her newly released state budget allocates for Upstate Hospital’s emergency room renovation.

    Instead of the request of $450 million, the governor is offering $200 million pending approval by the State Legislature.

    “This is the largest investment in this hospital ever in the history of it,” Governor Hochul told NewsChannel 9. “Let’s start with that. I know they’re grateful for it.”

    Hochul revealed that before visiting NewsChannel 9’s studios, she had just toured the current emergency department at SUNY Upstate.

    “I had the chance to talk to a lot of patients who are getting high-quality care but right now they’re on gurneys in the hallway,” she said. “They desperately need something done there.”

    Late last year, 10 legislators or legislators-elect signed a letter to Governor Hochul asking for $450 million.

    “…it seems that SUNY Upstate’s critical infrastructure needs have been, for the most part, ignored,” the letter read.

    When Upstate learned of the $250 million, its administrators only expressed gratitude.

    In a statement, a spokesperson wrote: “The $200 million outlined in the Executive Budget provides an incredible foundation for the annex plan that will help Upstate address some of its most pressing needs. With this support from Governor Hochul and the Legislature, we can begin these essential infrastructure upgrades and recognize Upstate’s crucial role as the region’s only Level 1 trauma center and emergency department for adults and children.”

    But local legislators said they’d push for more money.

    “Those who criticize this should look at a lot of other communities that would be very very grateful to have 200 million dollars for a hospital,” said Governor Hochul.

    Hochul said: “I know they told me that this is a game changer for them. We’ll get the process started. But they have a great vision. I cannot wait to be continuing to support them in years to come.” Syracuse, NY

  • Punjab orders power, fire safety audit of all govt hospitals

    Punjab orders power, fire safety audit of all govt hospitals

    Health and family welfare and medical education minister Dr Balbir Singh on Monday ordered power supply and fire safety audit at all the medical colleges, civil hospitals, sub-divisional hospitals and block level hospitals across the state.

    The health minister issued these directions while addressing a high-level meeting with all the civil surgeons of civil hospitals and medical superintendents of medical colleges, health and family welfare secretary Kumar Rahul, public works department secretary Ravi Bhagat, Punjab Health System Corporation (PHSC) managing director Varinder Kumar Sharma, PSPCL CMD Baldev Singh Sran, director health Dr Hitinder Kaur and director, research and medical education, Dr Avnish Kumar.

    As per the directions issued by the health minister, all critical care units, including operation theatres, labour rooms, emergencies, SNCUs, and NICUs, must have UPS-based power backup for at least 30 minutes in case of a power outage. Additionally, a fully functional generator set with an adequate supply of diesel must be present at all healthcare facilities. The minister also ordered the constitution of committees at all levels, including district, sub-division and block level hospitals.

    The committee, which will comprise representatives from the health department/medical college, PSPCL, and PWD-electrical, will be responsible for ensuring uninterrupted power supply at all health facilities. The committee members will coordinate with each other and provide reports on the functionality status of UPS and other power backup systems available at the health facility level.

    “These committees will make frequent visits at their respective hospitals to ensure that there is availability of power backup and fully functional Genset,” the health minister said.

    All civil surgeons were also directed to ensure that backup power supply is available immediately in case of a power cut, so that critical services are not hampered. Effective communication linkage must also be established with the person responsible for switching on the backup power supply to ensure prompt action, the minister added.

    He also asked the officials to create a WhatsApp group of all the members of the above committees to ensure prompt response in case of any power outage situations. The officers were told to immediately conduct fire safety audit and ensure availability of fire extinguishers, especially, at all critical care units. Hindustan Times

  • MP to upgrade MY Hospital for Rs 750 crore

    MP to upgrade MY Hospital for Rs 750 crore

    Aiming to upgrade Maharaja Yeshwantrao Hospital (MYH), the biggest government medical facility of the state as a ‘model’ hospital, the state government has prepared a plan to construct a new seven-story building and expand the hospital at a whopping cost of Rs 750 crore.

    The officials in Bhopal have prepared a proposal to equip the new hospital with 1450 beds, providing modern medical facilities for patients across Indore and Ujjain divisions.

    According to officials, the new building will be constructed near the MYH OPD after dismantling the nursing hostel and other encroachments, to ease accessibility to key medical centres like Chacha Nehru Hospital, Super Specialty Hospital and Cancer Hospital.

    Despite the new construction, the existing MY Hospital building will continue to operate as before. “The Building Development Corporation (BDC) and the hospital planner were to give a presentation before the chief secretary on Wednesday but it could not be done”, sources said.

    Surprisingly, the responsible authorities did not contact the officials of MGM Medical College and MY Hospital before preparing the proposal, nor planned any presentation for them. “A minister from Indore intervened and asked the officials to inform the MGM Medical College authorities about the plan”, sources added. Principal secretary, health, Sandeep Yadav could not be contacted for comment.

    Multi-level parking and hostel for nursing students
    To address parking issues, the new hospital will have two multi-level parking facilities for doctors and patients. Additionally, a 300-bed hostel will be built for nursing students near the Government Nursing College, located on the campus. At present, MY Hospital operates with 1,152 beds, serving around 4,000 patients daily in its OPD. However, seepage issues have been reported in the old building, highlighting the need for expansion and renovation.

    Historical background
    The hospital was established 75 years ago by Maharaja Yashwantrao Holkar. He envisioned the hospital in 1937, but due to war, the plan was delayed. Construction began in 1950 and was completed by 1956, with an initial capacity of 720 beds.

    The total cost at that time was Rs 65.55 lakh. +quote “Earlier, a presentation of the proposed plan was scheduled to be presented before the chief secretary on Wednesday. However, it could not be done and new dates for it will be decided soon”. Free Press Journal