Bons Secours profits fall despite increased revenue

Reductions in the numbers holding private health insurance contributed to profits at the country’s largest privately-owned hospital group decreasing by 31% to €5.1m last year.

New figures lodged by the Cork-based Bon Secours Health Systems Ltd show that the group recorded the drop in profits in spite of revenues increasing marginally to €223.7m last year.

The firm’s profits decreased from €7.4m to €5.1m.