Beacon Hospital
Beacon Hospital is a privately owned full-service hospital located in the Sandyford suburb of Dublin, Ireland. Beacon's 9-storey 238,000-square-foot (22,100 m2) facility includes 183 patient beds. The hospital was developed by Beacon Medical Group (BMG).
In May 2006, Beacon Hospital signed an affiliation agreement with Johns Hopkins Medicine International (JHMI) for JHMI to provide educational and consulting services at the Hospital. Beacon Hospital was officially opened on 25 October 2006 by then-Tánaiste and Minister for Health and Children, Mary Harney. The Hospital was operated by the American Triad Hospitals group. In February 2008, University of Pittsburgh Medical Center (UPMC) began managing the hospital, buying a 25% share in the company for €15 million. In 2009, UPMC took majority ownership of the hospital in a €68 million deal which gave it a 68% equity in the company. The Hospital was rebranded as UPMC Beacon Hospital. In April 2014, Beacon Hospital was taken over by Irish businessman Denis O'Brien, with UPMC relinquishing its ownership. UPMC paid €20 million to divest itself of the hospital, saving UPMC a projected $231 million in long-term debt. According to UPMC's 2015 accounts, the company lost €33 million on the disposal of Beacon Hospital and wrote off a further €38.9 million in loans. O'Brien paid Ulster Bank €40 million for the Hospital's outstanding €100 million debt.
Beacon Hospital won the 2008 Irish Healthcare Innovation Award. In 2013, Beacon Hospital won a Commendation at the Irish Healthcare Awards for its DocIT programme. Beacon Hospital also won the 2013 Radiosurgery Excellence Award.
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