Hospital puts staff on notice after just 4 months
It is understood financial institutions are reluctant to release further funding for the €90 million Cork Medical Centre (CMC) without written guarantees that the State’s largest private health insurer is on board.
This is a major setback for the 73-bed hospital, which had hoped to create 325 new jobs when the facility was fully operational. Staff are due to be briefed today by Dr Joe Sheehan, who is flying in from Chicago. Dr Sheehan is part of the Sheehan Medical Group, the hospital developers.
