Profits soar at private hospital

A privately owned hospital in Galway has recorded combined pre-tax profits of €31.9m over the past two years.

Accounts lodged by the Galway Clinic to the Companies Office for 2011 and 2010 show that revenues at the clinic climbed by 25%, from €68.9m in 2009 to €86.3m last year.

One of the country’s best known businessmen, Larry Goodman is a shareholder in the business and the numbers employed at the hospital climbed by 32 to 541 last year.