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Full coverage: healthcare

After losing €130m in Ireland and €4bn worldwide in 2022, can Orpea steady the ship?

Ireland’s largest nursing homes group suffered from the scandal that nearly broke its French multinational parent last year, but a bail-out agreed in Paris is beginning to trickle down into this country.

Thomas Hubert
24th Nov, 2023 - 3 min read

Why the McCabes deal is good for the Irish pharmacy market

Investment by an international consolidator is a welcome boost for prospective M&As and long-term investment in Irish pharmacies, but static revenue and rising costs are squeezing single-unit pharmacies and preventing the next generation of entrepreneurs from entering the sector.

Stuart Fitzgerald
27th Oct, 2023 - 4 min read

The inside story of how Ocuco raised €60m from one of the world’s best private equity firms

After 30 years in business, eyewear technology firm Ocuco has pulled off one of the biggest funding rounds of the year. CEO and founder Leo Mac Canna explains how he brought Accel-KKR on board, and outlines his plans for deploying the capital.

Tom Lyons
17th Aug, 2023 - 10 min read

Revealed: The winners in the health service’s €1.6bn agency staff contracts

Analysis of more than €1.6 billion of HSE spending shows just one recruitment firm received €478 million in less than four years and ten others shared over €1 billion – for an unknown number of staff.

John Reynolds
16th Feb, 2023 - 11 min read

Coming back in the second half: What to do next when a start-up fails

Brian McGovern had chalked up one “success” and one “failure” as a founder and went back to pen and paper to figure out his next move with his brother and business partner. The result is The Baby Academy, which has just registered its one-millionth user.

Rosanna Cooney
1st Feb, 2023 - 5 min read

UPMC bought the Sports Surgery Clinic for €200m. Eleven graphs explain why it makes sense

The Santry Sports Clinic has been snapped up. How much is it worth and how has the business been performing? An assessment of its financial performance over a six-year period sheds new light.

I. Kehoe and T. Lyons
20th Jan, 2023 - 4 min read

US private hospital group in exclusive talks for Santry sports clinic

UPMC is in talks with the owners of Dublin's Sports Surgery Clinic – an acquisition that would dovetail with its existing network of private hospitals and sports injuries treatment centres in Ireland.

Tom Lyons
3rd Jan, 2023 - 3 min read

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
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