Bon Secours Group Planning Further Investment in Limerick
Following the Bon Secours group takeover of Barrington’s hospital in Limerick for just under €15 million, the group are now set to invest another €6 million into the private facility, which Bill Maher, chief executive officer of Bon Secours Health System, has said will be made in Limerick within the next 12 to 18 months.
The Competition and Consumer Protection Commission recently approved the takeover from its owner, surgeon Paul Byrne, subject to a number of conditions agreed with the mergers regulator. Mr Byrne, who founded the hospital in 1991, will remain on at the hospital.
Since the takeover, the hospital has been named Bon Secours Hospital Limerick at Barringtons.
Bill has stated that the Bon Secours group have plans to develop Barringtons, including extensive refurbishments, recruitment of additional consultant staff and the introduction of new services. He has also commented that the €6 million investment that the Bon Secours group intend to make has been earmarked for a number of projects under their capital expansion, with further announcements yet to come.
Bill Maher added “More jobs will follow with our planned expansion of service and this on a day when Adare Manor [hotel and golf resort] is announcing an additional 300 staff, makes it a double celebration for Limerick,”
Alongside the discussion of planning to expand Barringtons, Mr Maher continued to state that they expect to recruit more nurses, consultants and theatre staff, and will now examine a service model for the next five years. The Bon Secours group will be working with the local authority in terms of driving the Limerick 2030 plan in regards creating a health campus in the city.
The addition of Barringtons Hospital to the private hospital group in Ireland increases staff numbers to 3,000, making it the largest private hospital group in the country. It also has hospitals in Dublin, Cork, Galway and Tralee.
Michael Noonan, Minister for Finance spoke at the launch mentioning the hospital’s strong links with Limerick Institute of Technology and the University of Limerick which will provide training and employment for students and graduates. These links will ensure that cutting edge medicine is a prioritised in the hospital’s services.
Minister Noonan stated “Barringtons has served the people of Limerick well for many years, it’s now time for it to enter a new phase in its history but also, continue the tradition of healing and helping that Limerick has come to depend on,”
Peter Lacy, chairman of the hospital group, said that their plan towards the year 2020 includes an investment of €150 million across all sites to further their development and expansion process.
For more on Barringtons hospital click here
For more on the Bon Secours Group click here