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Medtech stocks look set to bounce back - Vimarsana News

Medtech stocks look set to bounce back

The Globe and Mail Adam Mayers Published February 8, 2021 NanoStockk/iStockPhoto / Getty Images Medical technology companies have been the stars of the health care sector for the past decade, but they met their match in 2020 when the COVID-19 pandemic arrived in full force. Lockdowns during the past spring led to cancelled elective surgeries and slowed the pace of necessary surgeries. Patients were afraid to visit hospitals for check-ups and less urgent needs. And while many of the companies in this space are global, that didn’t help as the pandemic affected all of their markets. That me...

Cuomo says the state is ready to reduce some COVID-19 restrictions - Vimarsana News

Cuomo says the state is ready to reduce some COVID-19 restrictions

Cuomo says the state is ready to reduce some COVID-19 restrictions COVID-19 numbers indicate that the holiday spike is over. In his briefing at Roswell Park on Monday, Governor Andrew Cuomo said the state can start reducing restrictions. and last updated 2021-01-26 20:56:11-05 BUFFALO, N.Y. (WKBW) — COVID-19 numbers indicate that the holiday spike is over. In his briefing at Roswell Park on Monday, Governor Andrew Cuomo said the state can start reducing restrictions. "We're at a new place now," Cuomo said. Cuomo said to expect an announcement Wednesday about positive adjustments. He did...

Source: wkbw.com
Southern California Hospitals Postpone Elective Surgeries During COVID-19 Surge - Vimarsana News

Southern California Hospitals Postpone Elective Surgeries During COVID-19 Surge

Southern California Hospitals Postpone Elective Surgeries During COVID-19 Surge Some Orange County hospitals have suspended elective surgeries as they struggle to keep pace with an ongoing pandemic that continues to push the boundaries of health care capacity. Local health officials made the call to postpone nonessential procedures following a state health order that sought to more effectively prioritize patient care. The California Department of Public Health (CDPH) directed health centers to categorize elective surgeries through a tier scale endorsed by the American College of Surgeons. “...

Shalby tumbles after Q3 PAT drops 31% due to higher taxes - Vimarsana News

Shalby tumbles after Q3 PAT drops 31% due to higher taxes

Shalby tumbled 5.70% to Rs 123.35 after the company's consolidated net profit declined by 31.25% to Rs 16.82 crore on a 13.99% rise in revenue from operations to Rs 131.79 crore in Q3 FY21 over Q3 FY20. Profit before tax in Q3 December 2020 stood at Rs 22.85 crore, up by 4.49% from Rs 21.87 crore in Q3 December 2019. Current tax expenses during the quarter surged 145.16% year-on-year (YoY) to Rs 4.09 crore. On a standalone basis, Shalby reported 97.2% jump in net profit to Rs 16.3 crore on a 7.1% rise in revenue from operations to Rs 129.3 crore in Q3 FY21 over Q3 FY20. EBITDA rose 32.9% to R...

COVID-19 California: Bay Area hospitals rescheduling some elective surgeries, 'anything that can wait' amid surge in cases - Vimarsana News

COVID-19 California: Bay Area hospitals rescheduling some elective surgeries, 'anything that can wait' amid surge in cases

Kaiser is postponing all elective and non-urgent surgeries at Northern California facilities due to the surge in COVID-19 hospitalizations. They plan to reschedule services as soon as feasible while making sure patients and staff stay safe. As of now, University of California San Francisco Medical Center is not cancelling elective procedures, but the situation could change. Stanford Health is also going ahead with elective procedures that do no require a hospital bed, while Kaiser Permanente is delaying many as a response to California's COVID-19 surge. "We're still doing surgeries, for insta...