Mater set to agree takeover of hospital

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

The Mater has reached “agreement in principle” with John Cleary Developments (JCD), the landlord of the premises that housed the €90m facility which closed in March with the loss of 75 jobs and unsecured liabilities of €5m.

The company behind the CMC development, Sheehan Medical Ltd, blamed its closure on a refusal by the VHI to provide cover at the facility.