Goodman formally forms new hospital group, Blackrock Health

Billionaire Larry Goodman has formally consolidated his private hospital empire under a new umbrella, Blackrock Health.

The company brings together the Blackrock Clinic in Dublin, the Galway Clinic, the Hermitage and the Limerick Clinics in one group

The new group will be led by Dr. Caroline Whelan as CEO, leading a team of more than 2,800 employees and more than 600 consultants in 60 areas of expertise. The group is chaired by Bryan Harty,

The combined hospitals have a total of 450 inpatient beds, including 28 intensive care beds and 24 operating rooms. A further expansion is planned.

Under the new structure, each of the hospitals will continue to operate under its own name, and there will be no change in patient referrals to individual hospitals or in the impact in terms of patient health insurance.

The new CEO of the group, Dr. Whelan said, “Coming together as a group will allow us to develop more specialties and services while streamlining healthcare delivery across the board and providing seamless referrals for our patients.”

Bryan Harty said: “Blackrock Health has a very supportive shareholder who has been a steadfast investor for the past 19 years. We have a strong balance sheet, which means we will be able to invest in innovation and technology, infrastructure and in our people. This is an exciting and challenging time for healthcare in Ireland and Blackrock Health intends to play a leading role in ensuring patients have access to world-class clinical care.”

Larry Goodman emerged as the owner of the Blackrock Clinic and the Galway Clinic from a series of multiple lawsuits in which he and the clinic’s co-founder, Dr. Joseph Sheehan, for several years before his acquisition was finally approved by competition authorities in the summer of 2020.