Despite losses of some €3.5million last year, the owners of the Whitfield Clinic say business is increasing steadily and they’re happy with the overall performance.
The private hospital, which opened on the Cork Road in 2007, had 11,000 patients in the year to June 2008 and 16,000 patients in the year to June 2009 – a 45 per cent increase. Dermot Ryan, chief financial officer at healthcare group Euro Care International, which owns Whitfield, said the hospital was expected to be loss-making for a number of years after it opened.
Euro Care International, which covers several businesses, had turnover of €70.3 million in the year to the end of June 2008. It lost €1.7million and has total shareholders’ losses of €3.6 million.
Its subsidiaries include Euro Care Health, Euro Care Infrastructure and Whitfield Property Management Company, but it does not file accounts for its individual companies.
