Bon Secours tightens belt in spite of €21m revenue boost

Private healthcare group is conserving financial resources to buffer it from shocks during the pandemic

26th October, 2020
Bon Secours tightens belt in spite of €21m revenue boost
The directors of the Bon Secours Health System group have taken steps to conserve financial resources in light of the coronavirus pandemic, new accounts have revealed.

Bon Secours Health System, the largest provider of private healthcare in the state, recorded a €21 million spike in revenue last year, and an after-tax profit of nearly €5 million.

Despite the large increase in revenue, the directors of the group have now taken steps to conserve financial resources in light of the coronavirus pandemic, new accounts have revealed.

A large volume of planned capital expenditure has been deferred and external finance, additional to that...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Tony O’Brien: Health’s other challenges now need the same urgent care as Covid

Health Tony O'Brien 12 hours ago

New public-only deals for medical consultants set for this summer

Health Daniel Murray 12 hours ago

HSE contacts Data Protection Commission over ransomware attack

Health Donal MacNamee 2 days ago

Comment: Our reserves were not built to survive long Covid

Health Sarah O'Connor 1 week ago