Private healthcare company 3fivetwo Group has agreed to buy St Joseph’s Hospital in Sligo, Ireland, in its efforts to expand in the country.
The 19-bed hospital will be renamed into Kingsbridge Private Hospital Sligo, after 3fivetwo’s flagship property, Kingsbridge Private Hospital, in Belfast.
St Joseph’s Hospital has 50 consultants across 25 specialties, and employs 60 staff. The new owner plans to retain all staff and recruit more to expand the hospital’s services.
Established in 1950s, the Sligo hospital currently offers services that include endoscopy, cardiology, general surgery, oral surgery, and gynaecology.
St Joseph’s Hospital CEO Mark Towey said: "This acquisition is an extremely positive development for the hospital, providing an opportunity to consolidate and expand the services it provides as part of an established healthcare group and underlining our role as a provider of quality healthcare services across the west coast of Ireland."
Northern Ireland-based 3fivetwo Group operates various health and related facilities including Kingsbridge, 3fivetwo Healthcare, H3 Health Insurance, the Training Academy, Origin Fertility Care, Dental Excellence, Optique eye and ear care and cosmetic surgery wing, Cosmetech.
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3fivetwo Group development director Mark Regan said: "This is good news for the north-west and good news for 3fivetwo, continuing our growth in the healthcare sector and enhancing our position as a vertically integrated healthcare.
"We have just announced a £3m expansion of our Belfast operation and are constantly seeking new opportunities for growth in Ireland, the UK and US, having recently partnered with a Philadelphia company to develop a Telehealth product."
Earlier this month, the group has announced a £3m expansion plan for the Kingsbridge hospital in Belfast, to develop a cardiac investigations department and outpatients department.
Image: 3fivetwo Group development director Mark Regan (left) and St Joseph’s Hospital CEO Mark Towey. Photo: courtesy of 3fivetwo.