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Wednesday 3 September 2014

Buyers eye Mount Carmel but not for maternity care

Eilish O'Regan, Health Correspondent

Published 11/02/2014 | 02:30

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Mount Carmel did not have the funds to continue to trade.
Mount Carmel did not have the funds to continue to trade.

MOUNT CARMEL Hospital is the focus of renewed interest from buyers – but it will not reopen as a maternity hospital.

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The Dublin hospital with debts of more than €35m is now in liquidation and staff are being made redundant after NAMA decided it wouldn't bankroll it and it failed to find a buyer as a going concern.

However, a number of potential buyers are interested, including Centric Health, which operates primary care medical centres housing professionals such as GPs and diagnostic services.

Centric was founded in 2003 by Dr Maurice Cox and Dr Ray Power and employs 300 in Ireland, Britain and Australia.

Other interest has come from the Irish medical group RAS Medical, which owns Park West Clinic, Auralia Medical, Limerick Laser Centre, and a pharmacy. The liquidator is RSM Farrell Grant Sparks.

The future for Mount Carmel is likely to be as some form of primary care centre and clinic offering scans.

It could also provide suites for consultants in private practice or some cosmetic surgery. However, it was flagged as likely that any opening would be with new staff.

More than 300 staff are getting statutory redundancy. The number of births fell to 1,250 last year from about 2,000 a couple of years ago.

A spokeswoman for the liquidators RSM Farrell Grant Sparks failed to respond to enquiries yesterday.

Irish Independent

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