Karnataka's joint venture for DNB training training regarded as a scalable model for India's health care policy development
Apollo Hospitals, a prominent player in the Indian healthcare sector, is set to bolster its business with a substantial financial move. The company is planning to acquire a 31% stake in Apollo Health & Lifestyle, a division of its broader business, from IFC for ₹1,254 crore. This acquisition, which will not affect the operations of Apollo Health & Lifestyle, is valued at a significant amount and is expected to fortify Apollo Hospitals' market position, providing a boost to its growth strategy. IFC, a global organization, is selling its stake in Apollo Health & Lifestyle to Apollo Hospitals, marking a strategic move that will help the company solidify its presence in the healthcare sector. Meanwhile, in other healthcare news, Artemis Hospitals has launched a Heart & Lung Transplant Centre in North India, a significant advancement in the field of cardiothoracic surgery, offering state-of-the-art treatments to patients in the region. Elsewhere, IIITH and Hexaware have hosted an innovation challenge on Agentic AI for lifesciences, aiming to foster innovation and drive technological advancements in the healthcare sector, with a focus on creating AI solutions that can transform the industry. Lastly, the 3rd AHPI Leadership Summit is underway, focusing on people-centric and sustainable healthcare. The summit brings together industry leaders, policymakers, and healthcare professionals to discuss and strategize ways to make healthcare more accessible and affordable, while ensuring sustainability for future generations.
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