Blackrock Clinic sees profit fall to €12.46m

Medical inflation and lower prices from private health insurers last year contributed to pre-tax profits at the Blackrock Clinic declining by 11% to €12.46m.

The clinic and subsidiaries incurred the decline in spite of revenues remaining flat at €93.27m in the 12 months to the end of December last.

The hospital last year paid a dividend of €5.3m to its shareholders who include beef baron Larry Goodman.