A €90m privately-developed hospital with the potential to create 250 jobs is to remain closed after the State-owned VHI said the facility is not required to meet its needs in Munster.

The VHI is expected to decide this week if it will cover Mater Private, Cork for the use of the €90m privately-developed hospital in Mahon for its members.

A CORK-BASED private hospital has backed VHI’s decision not to cover any new private hospitals in the city.

BON SECOURS, the country’s largest private healthcare provider, has been refused cover by VHI for a planned €80m extension at its Cork hospital.

A NEW private hospital planned for Cork city looks set to follow the same fate as its doomed predecessor following a VHI decision not to provide cover for its customers at the facility.

THE Bon Secours Hospital in Cork is pressing ahead with plans for an €80 million expansion despite the announcement by the Mater Private that it intends to open a 75-bed hospital in the city by the end of the year.

ONE of the country’s leading private hospitals, the Mater Private, is to open in Cork by the end of the year as part of a €75 million investment.

SHEEHAN Medical Ltd, the developers of a failed €90 million private hospital, are planning to voluntarily liquidate the company.

AN investment advisory firm involved in a €90 million private hospital development in Cork city has petitioned the High Court to wind up the hospital’s backers, Sheehan Medical Ltd.

MATER Private Healthcare has confirmed its interest in the takeover of a €90 million Cork hospital that closed just five months after it opened.

STAFF and creditors of a failed €90 million private hospital in Cork expressed disappointment and anger over its closure that has left them “high and dry”.

A LIQUIDATOR is due to be appointed today at a meeting of creditors of a €90 million private hospital that closed in March, just five months after it opened.

CREDITORS of a €90 million private hospital owed money since its closure five months ago have been advised that a liquidator will be appointed shortly.

CREDITORS owed money on foot of the closure of a private hospital in Cork are seeking advice from a Dublin businessman whose company secured a €526,000 judgement against the developers in the High Court.

BOUNCED cheques and emergency tax rates are among the difficulties faced by former staff of a private hospital in Cork city which closed just five months after it opened.

AN investment advisory firm involved in a €90 million private hospital development in Cork city backed by Sheehan Medical Limited has successfully sued them for more than €500,000.

STAFF are owed wages and holiday pay but investors are unlikely to lose out following the closure of the country’s newest private hospital just five months after it opened.

FORMER staff at what was the country’s newest private hospital have been told there is no money to pay their wages and they could also face difficulties claiming unemployment benefit because of a lockdown of the Cork Medical Centre (CMC) where their P45s are on file.

THE final death-knell for a Cork private hospital will sound in the next few days when a liquidator is appointed to the €90 million facility owned by Sheehan Medical.

IT would be a “terrible tragedy” if the country’s newest private hospital was forced to close but it was not in his gift to instruct the VHI to provide cover, Health Minister James Reilly said yesterday.

A PRIVATE equity firm with a majority stake in the Mater Private hospital is believed to be one of a number of potential investors in discussions with a new hospital which has had to close because it cannot get VHI approval.

Cork Medical Centre is not the first private hospital in Cork to open its doors only to discover the VHI unwilling to come on board, thus scuppering its future, writes Catherine Shanahan

VHI’s decision not to provide cover for the Cork Medical Centre, which has led to its closure and the loss of 75 jobs, has been described as “extraordinary” by Minister for Agriculture Simon Coveney.

VHI say they cannot afford to provide cover for the Cork Medical Centre, or any other new private hospital development.

Staff at the Cork Medical Centre have had their contracts suspended for four weeks.

CORK’S TDs are seeking a meeting with the chief executive of Vhi Healthcare next week in a bid to save a private hospital from closure.

THE country’s newest and most advanced private hospital will close within months unless the VHI provides health cover.

Management at the Cork Medical Centre will make a statement later today on the future of the company after it has been speculated that the country's newest hospital will be forced to close, because of a row with the VHI.

SCARCELY four months after it opened, the country’s newest private hospital will today put its 75-strong workforce on protective notice following failure to convince the VHI to cover the facility.

There are fears that the country's newest hospital may be forced to close because of a row with the VHI.

ALMOST 500 people queued for 100 medical jobs at the country’s newest private hospital at the weekend.

One hundred new medical-servcies jobs are on the way to Cork.

THE country’s newest private hospital will create up to 100 medical jobs within weeks.

A NEW €90 million state-of-the-art medical centre in Cork is a “medical mall” on the cutting edge of experimentation with the very best of equipment and staff, according to the hospital’s chief executive.

IRELAND’S first stroke centre, which opens in Cork within weeks, will be the most advanced of its kind in Europe.

THE developers of a new €90 million private hospital in Cork have signed an €8.5 million deal to equip it with the world’s most advanced diagnostic machines.

Tommy Barker looks at new luxury homes in a walk down memory lane.

A BIG, upgraded house, in a strong residential location, matched with a price drop and pitching in to a locality where a few big sales have been secured – that’s the background to Glen House’s 2010 sale hopes.

IS No 25 Hayfield the pick of the crop? There probably isn’t a bad house in this 2004 up-market Cork suburban development, but in the sliding scale of best sites and sizes, it certainly comes out near the top.

THE operators of a €90 million private hospital due to open in Cork this summer have signed a €746,000 ($1 million) deal for the installation of an advanced IT system.

A €200 MILLION office development which could create up to 1,500 jobs in Cork city got the green light last night after councillors agreed unanimously to rezone land.

IN a major jobs boost for Cork city, 210 jobs are to be created over the next six weeks in the construction of the new Cork Medical Centre.