Pre-tax profits at the Larry Goodman co-owned Galway Clinic last year increased almost a quarter to €6.38m. Pre-tax profits at the Larry Goodman co-owned Galway Clinic last year increased almost a quarter to €6.38m. Galway Clinic says insurance is not keeping pace with costsDirectors attributed the rise to winning additional tendered public works through the National Treatment Purchase Fund. Revenues at Galway Clinic Doughiska Ltd last year increased by 5.5pc from €90.65m to €95.97m. However, directors warn in the accounts that higher costs are eroding profitability as re-imbursement rates from the private health insurers fail to keep pace with medical inflation.

Source: Irish Independent November 27, 2019 02:26 UTC