Category:

Health

Hospitals’ revenue likely to grow 20-22% in FY2022: ICRA

“Overall, ICRA expects at least 200 bps improvement in profitability in FY2022, though the margins are expected to moderate from the level seen in Q4 FY2021 due to normalisation of some of the cost-cutting measures and higher proportion of Covid-19 treatment. Further, the restrictions on treatment charges for Covid-19 patients in certain states could keep the margins in check,” ICRA Assistant Vice President & Sector Head, Mythri Macherla, said in a statement.

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Misinformation spikes Google searches on infertility, Covid jabs

“Misinformation is a significant threat to healthcare today and a main driver of vaccine hesitancy,” said Nicholas Sajjadi, osteopathic medical student at Oklahoma State University College of Osteopathic Medicine.
The inaccurately represented information spread rapidly on social media channels, potentially influencing public perception and decision-making among pregnant patients or those seeking to become pregnant, according to research published in the Journal of Osteopathic Medicine.

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Crowd ban in Olympics could cost reinsurers up to $400m: Fitch

“We estimate the total insurance cover for the Olympics to be about USD2.5 billion, comprising USD1.4 billion taken out by the International Olympic Committee and the Tokyo Organising Committee, USD800 million by broadcasters and USD300 million by other parties, such as sports teams, sponsors and hospitality. We believe reinsurers would bear most of the losses arising from this cover given that high-severity exposures are typically heavily reinsured,” said Fitch

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‘Tremendously off track’ to meet 2030 SDGs: UN chief

Despite a 300 per cent increase in global food production since the mid-1960s, according to the Secretary-General, “malnutrition is a leading factor contributing to reduced life expectancy”.

He cited climate change as both “a driver and a consequence of hunger”, adding that “our war with nature” includes a food system that generates one-third of all greenhouse gas emissions and is also responsible for up to 80 per cent of biodiversity loss.

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