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…

Join The Currency

SPECIAL OFFER.

€1 for 1 month

The Currency has turned 3 – and we are celebrating with a special offer.

Get full access to 3,700 interviews, investigations, columns, features and columns for the first month for just €1.

Or sign up for an annual membership at the reduced price of €200.

Cancel at any time.

To become a member today click here.