Tenet Healthcare Corporation (THC) exceeded analysts’ expectations in the third quarter, reporting robust revenue growth and strong profitability. The company’s focus on strategic execution and disciplined operations has driven same-store revenue growth and profitability, resulting in a significant increase in free cash flow. This strong performance has led to an upward revision in the company’s full-year revenue and earnings guidance, and its stock price surged over 12% in response.
Two Sudanese brothers have been charged by the US Department of Justice for their alleged involvement in a massive series of cyberattacks targeting hospitals and other organizations worldwide. The brothers are suspected of being behind the hacktivist group Anonymous Sudan, responsible for over 35,000 DDoS attacks. This case highlights the growing threat of cybercrime and the potential for significant harm, especially when critical infrastructure like hospitals is targeted.
Zahabiya Khorakiwala, daughter of Habil Khorakiwala, founder of Wockhardt, has taken the reins of the multinational pharmaceutical company’s hospital arm. She oversees Wockhardt Hospitals, a company valued at Rs 9517 crore, and has been instrumental in its growth and expansion. Her journey highlights the leadership and business acumen of the next generation in India’s corporate world.
Following the tragic fire at a Delhi day care center that claimed the lives of seven newborns, the Union Health Ministry has issued directives to states and union territories to ensure strict adherence to regulatory protocols and fire safety norms in all hospitals. The directive emphasizes the need for regular mock drills and coordination with local authorities to obtain fire safety NOCs promptly.
