St Vincent's Hospital group lost Euro 9m in 2011 after surplus in 2010

The group behind St Vincent's Hospital lost Euro 9 million in 2011, a significant reverse from the pre-tax surplus of Euro 2.5 million the previous year.

24th November, 2013

The group behind St Vincent's Hospital lost €9 million in 2011, a significant reverse from the pre-tax surplus of €2.5 million the previous year.

Accounts just filed for St Vincent's Healthcare Group, which is owned by the Religious Sisters of Charity and operates two state-funded hospitals and one private hospital, show the group had combined creditors amounting to more than €250 million at the end of 2011.

The accounts showed that some €71 million was due to...

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