Investors in for the long haul at Hermitage Clinic

The backers of the Hermitage Clinic, a private hospital in west Dublin, invested €12 million in the hospital last year as losses mounted

Susan Mitchell

Deputy Editor and Health Editor @susmitchellsbp
10th January, 2009

The backers of the Hermitage Clinic, a private hospital in west Dublin, invested €12 million in the hospital last year as losses mounted.

While the clinic racked up losses of €16 million in 2007, George Duffy, one of its main backers, said there were no plans for staff layoffs or costcutting.

H e said the hospital’s owners were committed to expanding the venture and to establishing the country’s first private paediatric hospital in the grounds of...

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