Despite growing revenue to nearly €550 million last year, St Vincent’s Healthcare Group (SVHG) recorded a sharp decline in profitability caused by the performance of its private hospital in the face of the pandemic. The new figures come as the group has yet to establish the company it will own to operate the new State-funded maternity hospital on its Elm Park campus, under the agreement approved by the Government in May of this year. SVHG owns and operates two HSE-funded voluntary hospitals in the public healthcare system – St Vincent’s University Hospital and St Michael’s Hospital – and one in…