The Blackrock Clinic, which Larry Goodman took full control over last year, is in rude financial health. In accounts recently filed for 2019 the hospital earned €8.9 million on €136 million of revenue. By comparison, in its most recent 2018 accounts, St Vincent’s private hospital in South Dublin (Ireland’s biggest by revenue) had €448 million in revenue but earned only €1.5 million in profit. St Vincent’s tight margins would be typical of the Irish private hospital industry. Of the big seven hospital companies, the average net margin is a negative 1.2 per cent. The Goodman-owned hospitals are generally the most…
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