Thursday 23 November 2017

Fertility clinic 'not for profit'

The clinic offers assisted reproduction services like IVF treatment to public and private patients and says it has “excellent success rates”. Stock Image
The clinic offers assisted reproduction services like IVF treatment to public and private patients and says it has “excellent success rates”. Stock Image

Merrion Fertility Clinic was set up by doctors at the National Maternity Hospital (NMH), Holles Street, in 1998.

Its clinical director Mary Wingfield, who was among the founders, explains on the website that this was done in the absence of public funding for advanced fertility treatments.

It is a not-for-profit company with a voluntary board of directors.

Dr Rhona Mahony, the master of the NMH, has been a director of the fertility clinic since 2012.

The clinic offers assisted reproduction services like IVF treatment to public and private patients and says it has "excellent success rates". General manager Carol McGee says that since the clinic does not pay profits or dividends to shareholders, it can "remain competitive in price".

The clinic's 2015 accounts show an accumulated surplus of €899,135 that year. Surpluses are said to be invested in technology and staff training.

Contributions are also made to a charitable foundation that offers financial assistance to couples that can't afford fertility treatments.

Irish Independent

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News