Mater sees revenues increase at private hospital group to €350m

They said that private health insurers 'are now requiring additional justification to support medical necessity for treatment, as well as challenging pre-existing conditions and hospital length of stay'

The group currently operates two major acute hospitals in Dublin and Cork (pictured), advanced Cancer Centres in Limerick, and Liverpool, two day hospitals in Dublin and a number of strategically positioned outpatient clinics in various locations throughout Ireland. File picture: Denis Scannell

The Mater Private Hospital group saw operating losses increase by 57% from €6.47m to €10.19m last year.

Accounts for holding company, Oval Topco Ltd show that the group’s operating losses increased as revenues rose by 7% from €327.6m to €350.29m. The group recorded a pre-tax loss of €61.79m after taking interest charges of €51.1m into account.