Saturday September 26, 2020

VHI sued by hospital liquidator for alleged 'abuse of market dominance'

The VHI is being sued on competition grounds by the liquidator of the €90 million Cork Medical Centre (CMC).

Susan Mitchell

Deputy Editor and Health Editor

@susmitchellsbp
19th February, 2012
2
Joe Sheehan, operator of the Cork Medical Centre. Photo: Provision

The VHI is being sued on competition grounds by the liquidator of the €90 million Cork Medical Centre (CMC), which closed last year after failing to secure cover from the country's dominant insurer. KPMG has taken the High Court action for creditors of the clinic, accusing the VHI of abusing a dominant market position.

CMC was the first private hospital to open in Cork for 95 years. It closed last March with the loss of...

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