Beacon Hospital

{{Use dmy dates|date=April 2022}} {{Infobox hospital | name = Beacon Hospital | org_group = Beacon Medical Group | image = | image_alt = | caption = | pushpin_map = Ireland Dublin | pushpin_map_caption = Shown in Dublin | logo =  | logo_size =  | location = | region = Dublin | state = | country = Ireland | coordinates = {{coord|53.27662|N|6.21954|W|region:IE|display=inline,title}} | address = | healthcare = Private | funding = | type = General | speciality = | standards =  | emergency = | helipad =  | affiliation = University College Dublin | patron =  | beds = | founded = {{Start date and age|df=yes|2006|10|25}} | closed =  | website = | other_links =  }} '''Beacon Hospital''' ({{langx|ga|Ospidéal Beacon}}) is a privately owned full-service teaching hospital located in the Sandyford suburb of Dublin, Ireland. The hospital was developed by Beacon Medical Group (BMG).

==History== Beacon Hospital signed an affiliation agreement with Johns Hopkins Medicine International (JHMI), for JHMI to provide educational and consulting services at the hospital, in May 2006.<ref>{{cite web|url=http://www.hopkinsmedicine.org/Press_releases/2006/05_09_06.html|title=Johns Hopkins Medicine International and Beacon Hospital in Ireland Sign Agreement for Educational and Consulting Services|first=Beth|last=Simpkins|work=hopkinsmedicine.org|access-date=4 December 2016}}</ref> Beacon Hospital was officially opened by then-Tánaiste and Minister for Health and Children, Mary Harney on 25 October 2006.<ref>{{cite web|url=https://www.irishtimes.com/news/first-private-hospital-in-20-years-opens-in-dublin-1.798427|title=First private hospital in 20 years opens in Dublin|date=25 October 2006|publisher=Irish Times|access-date=6 May 2019}}</ref> The American Triad Hospitals group took responsibility for the management of the hospital.<ref name="thesundaytimes.co.uk">{{cite web|url=http://www.thesundaytimes.co.uk/sto/news/ireland/article1409223.ece|archive-url=https://web.archive.org/web/20140812204615/http://www.thesundaytimes.co.uk/sto/news/ireland/article1409223.ece|url-status=dead|archive-date=August 12, 2014|date=11 May 2014|title=Trust me I'm a billionaire - The Sunday Times|work=thesundaytimes.co.uk|access-date=4 December 2016}}</ref>

In February 2008, University of Pittsburgh Medical Center (UPMC) began managing the hospital, buying a 25% share in the company for €15 million.<ref name="upmc.com"/> 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.<ref>{{cite web|url=http://www.businessandleadership.com/leadership/item/15313-us-medical-group-takes-majo |title=Archived copy |access-date=2014-08-10 |url-status=dead |archiveurl=https://web.archive.org/web/20140812205443/http://www.businessandleadership.com/leadership/item/15313-us-medical-group-takes-majo |archivedate=2014-08-12 }}</ref><ref>{{cite news | url=http://www.bizjournals.com/pittsburgh/stories/2009/06/29/story3.html | title=UPMC moves to expand presence in Ireland with investment | last=Mamula | first=Kris B. | newspaper=Pittsburgh Business Times | location=Pittsburgh, PA | date=2009-06-26 | access-date=2009-08-05 }}</ref><ref>{{cite news | url=http://www.irishtimes.com/newspaper/finance/2009/0826/1224253265517.html | title=US group to take control of Beacon Hospital | last=O'Halloran | first=Barry | date=2009-08-26 | newspaper=The Irish Times | location=Dublin, Ireland | access-date=2009-09-02}}</ref>

In April 2014, Beacon Hospital was taken over by Irish businessman Denis O'Brien, with UPMC relinquishing its ownership.<ref>{{cite web|url=https://www.thejournal.ie/denis-obrien-beacon-hospital-sandyford-1403640-Apr2014/|title=Denis O'Brien to take over Beacon Hospital in Sandyford|date=4 April 2014|publisher=journal.ie|access-date=6 May 2019}}</ref> UPMC paid €20 million to divest itself of the hospital, relieving itself of a projected $231 million in long-term debt.<ref>{{cite web|url=http://www.fortmilltimes.com/2014/09/08/3711092/fitch-rates-upmcs-2014a-and-2014b.html|archive-url=https://archive.today/20140909235915/http://www.fortmilltimes.com/2014/09/08/3711092/fitch-rates-upmcs-2014a-and-2014b.html|url-status=dead|archive-date=2014-09-09|title=Fitch rates UPMC|publisher=Fort Mill Times}}</ref> 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.<ref>{{cite web|url=http://www.independent.ie/business/irish/american-firm-upmc-lost-72m-on-beacon-hospital-exit-31281416.html|title=American firm UPMC lost €72m on Beacon Hospital exit - Independent.ie|work=independent.ie|access-date=4 December 2016}}</ref> O'Brien paid Ulster Bank €40 million for the hospital's outstanding €100 million debt.<ref name="thesundaytimes.co.uk"/>

In March 2021 in the midst of the COVID-19 pandemic, twenty teachers from St Gerard's School, Bray received vaccinations from the hospital. The head of the Irish Health Service and the Minister for Justice expressed 'frustration' at the actions of the Beacon Hospital which violated policies regarding the use of surplus vaccines.<ref name=it-teachers-from-co-dublin-school-vaccinated-in-beacon-hospital>{{Cite news|last1=Power|first1=Jack|last2=Clarke|first2=Vivienne|title=Teachers from Co Dublin school vaccinated in Beacon Hospital|url=https://www.irishtimes.com/news/ireland/irish-news/teachers-from-co-dublin-school-vaccinated-in-beacon-hospital-1.4520824|access-date=2021-03-26|newspaper=The Irish Times|language=en}}</ref> The Irish Times noted that the children of the chief executive of the Beacon Hospital attend St. Gerard's.<ref name=it-teachers-from-co-dublin-school-vaccinated-in-beacon-hospital />

In 2022, the hospital management presented proposals for a redevelopment which would expand the bed capacity by 40%, the biggest investment since 2014. They had purchased two adjacent sites and the adjoining Beacon Hotel in order to expand clinical facilities, create a new research hub and relocate parts of the existing UCD Beacon Hospital Academy.<ref>{{cite web|last=Burke-Kennedy|first=Eoin|url=https://www.irishtimes.com/business/2022/07/04/beacon-hospital-signals-further-expansion-with-acquisition-of-two-adjacent-sites/|title=Beacon Hospital signals further expansion with acquisition of two adjacent sites|date=4 July 2022|publisher=Irish Times|access-date=15 November 2022}}</ref>

In 2024, the hospital was sold to Macquarie Asset Management for an estimated €400m.<ref>{{cite news |title=Denis O'Brien's Beacon Hospital sold to Macquarie for estimated €400m |url=https://www.irishtimes.com/business/2024/02/13/asset-management-company-macquarie-to-buy-beacon-hospital/ |newspaper=The Irish Times |access-date=21 February 2024 |language=en}}</ref><ref>{{cite web |title=Macquarie Asset Management to acquire Beacon Hospital |url=https://www.macquarie.com/au/en/about/news/2024/macquarie-asset-management-to-acquire-beacon-hospital.html |website=Macquarie |access-date=21 February 2024 |language=en}}</ref>

==Services== Beacon's 9-storey {{convert|238000|sqft|m2|adj=on}} facility includes 183 patient beds.<ref>{{cite web|url=http://www.beaconhospital.ie/home.html |title=About Beacon Hospital |publisher=Beacon Hospital |access-date=2009-08-05 |url-status=dead |archiveurl=https://web.archive.org/web/20100112045344/http://www.beaconhospital.ie/home.html |archivedate=2010-01-12 }}</ref><ref name="upmc.com">{{cite web|url=http://www.upmc.com/media/newsreleases/2008/pages/bmg-ireland.aspx|title=UPMC to Manage Independent Hospital in Dublin, Ireland|work=upmc.com|access-date=4 December 2016}}</ref> The hospital provides teaching for University College Dublin.<ref>{{cite web|url=https://www.ucd.ie/news/2015/02FEB15/060215-Minister-for-Health-Leo-Varadkar-Launches-the-UCD-Beacon-Hospital-Academy.html|title=Minister for Health, Leo Varadkar, Launches the UCD Beacon Hospital Academy|date=6 February 2015|publisher=University College Dublin|access-date=6 May 2019}}</ref>

Around 1,100 staff work at the hospital.<ref name="Irish Times">{{cite web|last=Burke-Kennedy|first=Eoin|url=https://www.irishtimes.com/business/2022/07/04/beacon-hospital-signals-further-expansion-with-acquisition-of-two-adjacent-sites/|date=4 July 2022|title=Beacon Hospital signals further expansion with acquisition of two adjacent sites|work=Irish Times|access-date=15 November 2022}}</ref>

==Awards== Beacon Hospital won the 2008 Irish Healthcare Innovation Award.<ref>{{cite web|url=http://www.ucd.ie/entrepreneurslive/michaelcullen/index.html|archive-url=https://web.archive.org/web/20140812211902/http://www.ucd.ie/entrepreneurslive/michaelcullen/index.html|url-status=dead|archive-date=12 August 2014|title=Michael Cullen, CEO, Beacon Medical Group|publisher=University College Dublin|access-date=6 May 2019}}</ref> In 2013, Beacon Hospital won a Commendation at the Irish Healthcare Awards for its DocIT programme.<ref>{{cite web|url=http://www.imt.ie/features-opinion/2014/07/changing-the-face-of-mental-health.html|title=Changing the face of mental health|date=30 July 2014|work=imt.ie|access-date=4 December 2016}}</ref> Beacon Hospital also won the 2013 Radiosurgery Excellence Award.<ref>{{cite web|url=http://www.thejournal.ie/beacon-hospital-awarded-for-delivering-pioneering-cancer-treatment-758157-Jan2013/|title=Beacon Hospital wins award for delivering pioneering cancer treatment|first=Amy|last=Croffey|work=thejournal.ie|access-date=4 December 2016}}</ref>

==See also== * John Mark Redmond

==References== {{reflist}}

Category:Hospitals in Dún Laoghaire–Rathdown Category:Sandyford Category:Private hospitals in the Republic of Ireland Category:Hospitals established in 2006 Category:Teaching hospitals in Dublin (city)