Beacon hospital reports big uptick in earnings as demand for care increases

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Private hospital sold to asset management arm of Australian financial services giant Macquarie in deal worth €400m

The recently-sold Beacon private hospital in Dublin has reported a surge in revenue and profits on the back of increased demand for its services.per cent to €237 million last year, while operating profit doubled to €18.6 million from €9.4 million the previous year.

The spokesperson also signalled the hospital would embark on the next phase of its expansion plan in 2025, which will increase capacity by over 40 per cent. It also positions the Beacon Hospital as the largest private medial campus in Ireland, the spokesperson said, noting it was continuing to reinvest in upgrading equipment and expanding facilities with a capital investment programme of €15.1 million in 2023.

 

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