Pharmacy closures blamed on HSE’s margin cuts

Two Dublin pharmacies affiliated to Ipos, the independent pharmacy ownership scheme, have collapsed, blaming high levels of debt and the impact of the Health Service Executive���s (HSE) decision to slash margins.

Ian Kehoe - avatar

Ian Kehoe

31st October, 2009

Two Dublin pharmacies affiliated to Ipos, the independent pharmacy ownership scheme, have collapsed, blaming high levels of debt and the impact of the Health Service Executive’s (HSE) decision to slash margins.

Hamilton Long on O’Connell Street in Dublin and an Ipos community pharmacy in Ballymun in north Dublin have gone into liquidation in recent days, after running up significant losses.

Kieran Wallace, the head of insolvency with KPMG accountants, was installed...

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