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Full coverage: healthcare

Make or break: How Ireland’s largest nursing homes operator prepares to face New Year credit crunch

Following a scandal in its French home market, Orpea is battling creditors with deadlines falling in the coming months. New company information reveals how its Irish arm is facing the crisis.

Thomas Hubert
23rd Dec, 2022 - 4 min read

Sean Keyes on investing: Goodman, O’Brien and the allure of private hospitals

Denis O'Brien owns the Beacon Hospital, while Larry Goodman controls the Blackrock Clinic. So, what was the investment rationale for two wealthy tycoons to invest in private healthcare?

Sean Keyes
14th Dec, 2022 - 3 min read

“Continuing impact of Covid-19”: Private hospital weighs down St Vincent’s finances

The South Dublin voluntary healthcare group has reported its heaviest loss in four years as it prepares to establish the new national maternity hospital.

Thomas Hubert
24th Nov, 2022 - 6 min read

Theya Lingerie backers braced for heavy write-downs as the award-winning company seeks to restructure

Theya Lingerie was founded by Ciara Donlon to provide women with post-surgery underwear. Selling across Europe and the US, it has now run out of road and its rescue plan through Scarp could lead to a sale.

Rosanna Cooney
22nd Nov, 2022 - 2 min read

Embattled Orpea announces country exits, property disposals and price hikes

The French nursing home group, which has a leading position in Ireland, is facing insolvency early next year if it can’t convince investors to refinance it for the second time since a scandal erupted last January.

Thomas Hubert
15th Nov, 2022 - 4 min read

More medical waste, more profits, more dividends: How Stericycle thrived through the pandemic

The Irish unit of the US-listed specialist waste collector, which holds the contract for the public health system, has achieved record margins in the past two years.

Thomas Hubert
11th Nov, 2022 - 5 min read

Au revoir Orpea? Part 2 – Scrutinising standards and stalled plans at a care giant

Irregularities uncovered in France have shaken Orpea, the multinational group now dominating Ireland's nursing home industry. This investigation draws from inside sources and dozens of inspection reports to assess what the scandal means for its hundreds of residents and its expansion plans here.

Thomas Hubert
3rd Nov, 2022 - 26 min read

Au revoir Orpea? Part 1 – How a French scandal engulfed the largest owner of Irish nursing homes

Orpea had become a Paris stock market darling and a world leader in private care but it all came crashing down over the course of this year. A two-part investigation explores the impact on its recent drive into Ireland.

Thomas Hubert
2nd Nov, 2022 - 21 min read

The Mater Private, intercompany debt, and the High Court battle with the HSE

The HSE halted payments to the Mater Private amid concerns that it was being billed for hefty intercompany interest bills paid to a Luxembourg entity. The High Court has largely ruled in its favour.

Ian Kehoe
22nd Sep, 2022 - 4 min read

A €45m rent-a-CEO Vat dispute: Medtronic unit and Revenue square up in High Court

For years, the Irish-headquartered medical supplier Covidien outsourced core functions to the US without paying Vat on transactions including preparations for its acquisition by Medtronic. The company’s successful tax appeal is now going down the legal route.

Thomas Hubert
9th Aug, 2022 - 2 min read
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