Posts tagged: Sunday Business Post

Siemens wins €8.5m deal

This is article appeared in Irish Sunday newspaper The Sunday Business Post, on 18th July, 2010 and covers the €8.5m equipment and financing deal that the private hospital developer Sheehan Medical awarded to German firm Siemens.

Article from The Sunday Business Post

Siemens wins €8.5m deal
18 July 2010

Healthcare provider Sheehan Medical has awarded an €8.5 million contract to Siemens Healthcare to supply equipment for its new facility, Cork Medical Centre.

Under the agreement, Siemens Financial Services will provide finance for all of the equipment to be used in the hospital. Siemens Healthcare will provide angiography, magnetic resonance imaging and computed tomography, x-ray and ultrasound equipment.

‘‘We have first class technology in all our hospitals and aim to make the Cork Medical Centre the most high-tech facility ever developed in Ireland.

Siemens is an important part of this aim, its ability to provide an integrated approach that covers innovative technology will allow us levels of diagnosis and treatment that will be in unsurpassed in this country,” said James Sheehan, chief executive, Sheehan Medical.

Cork Medical Centre will be the anchor tenant in City Gate, a mixed-use scheme in Mahon.

The €90 million facility will have 75 in-patient rooms, four operating theatres and a same-day surgery centre with 20 out-patient beds. It will also house an intensive care unit and cardiology and neuroscience units.

Sheehan Medical is operated by James Sheehan and his father, Dr Joseph Sheehan, who is chairman. Joseph Sheehan was one of the founders of the Blackrock Clinic in Dublin in 1984.He was also part of the consortium that built the Galway Clinic in 2004.

Cork private hospital in €8.5 million finance deal

Below is coverage from today’s Sunday Business Post that covers the deal that Sheehan Medical have signed with Siemens for their new private hospital the Cork Medical Centre.

I have pasted the text in below and also include a link in case you want to the view the article on the SBP’s website.

http://www.thepost.ie/story/ojaucwsnsn/

Cork private hospital in €8.5 million finance deal
04 July 2010 By Susan Mitchell

Backers of a new €90 million private hospital in Cork have just agreed an €8.5 million financing deal over seven years with Siemens Healthcare.

The new Irish private hospital operator, Sheehan Medical, will use the funding to purchase healthcare technology, ICT and diagnostic equipment at the Cork Medical Centre which is due to open in September. It will be the first new private hospital to open in the city for 30 years.

James Sheehan, chief executive of Sheehan Medical, said the aim was ‘‘to make the Cork Medical Centre the most high-tech facility ever developed in Ireland.

‘‘Siemens is an important part of this aim. Their ability to provide an integrated approach that covers innovative technology will allow us levels of diagnosis and treatment that will be in unsurpassed in this country.”

The Cork Medical Centre will have 75 single in-patient bedrooms.

The hospital’s main focus will be surgery and there will be four operating theatres and a day surgery centre with twenty out-patient beds.

The hospital, which is located at the City Gate Complex in Mahon Point, will have a strong focus on neurology and cardiology. It is expected that it will create 300 direct jobs and 150 ancillary positions.

There will be 75 doctors onsite, providing up to 39,000 patient treatments annually.

A number of doctors have taken equity in the operating company and Sheehan said he expected it to enhance competition in the south of the country. Sheehan has already stated he would undercut the prices levied by hospital owner-operator Bon Secours by 10 or 15 per cent.

Sheehan Medical was set up to operate private hospitals in Britain and mainland Europe. The company is operated by James Sheehan and his father Dr Joe Sheehan, a US based surgeon.

Joe and his brother, Dr Jimmy Sheehan, were involved in setting up the Blackrock Clinic in Dublin in 1984 and the Galway Clinic in 2004.

Jimmy Sheehan is not involved in the Cork hospital.

Sunday Business Post covers the launch of Verify Recruitment

Thriving in a ‘candidate-rich’ environment
Sunday, November 15, 2009
Irish start-up Verify is hoping that a new approach to IT recruitment will appeal to employers looking for niche skills to fill senior roles.

Verify founder and managing director Cathal Grogan said the company had assembled a panel of IT professionals to help clients source and assess candidates. ‘‘The premise behind our expert panel is that expert skills can only really be assessed by experts.

These are independent and practising experts in their chosen field,” said Grogan.

‘‘The fact that we have people who are out there facing those challenges and resolving them, as part of our recruitment process, gives the client assurance that candidates coming through us are the best fit for the role.”

Grogan established Verify in May, having worked for 20 years in a range of IT and business roles with companies such as Electronic Data Systems, Enba, AIB and S1. His decision to enter the recruitment field was, he said, based on his own experiences dealing with IT recruiters.

‘‘The pace of change, both in terms of technology and business acumen, is increasing all the time. If you are not out there in the middle of it every day, it is hard for you as a recruiter to identify people for a role,” he said.

‘‘Recruitment professionals do not necessarily have the skills or experiences themselves to recognise when a candidate has a suitable profile for the role they are looking to fill.

‘‘I have visited the headhunters and senior appointment divisions of other recruitment companies, but typically I was talking to people who did not have the same achievements or experience as I did. I felt that I might not be truly represented to any potential employer out there, or my experiences would not be matched correctly.”

Members of Verify’s 60strong expert panel include:

Fergus Donohoe, co-founder of Smart Telecom; Jayne McTiernan, former operations director of Merrill Lynch in Dublin; and Derek Hardiman, ex-chief executive of Zero Touch and client technology director of Smart Force.

‘‘I have a large network of people who are very successful in their own careers and who are typically high achievers in their roles, whether in technology or business delivery,” Grogan said.

‘‘We have chief information officers, managing directors, directors of IT and vice-presidents of project management.

They come from a wide range of industries – financial services, telecoms, enterprise software and public sector.”

Grogan said Verify’s panel could help companies seeking specific skill-sets to define the parameters of the role on offer and identify the best candidates.

‘‘When we come across a role that needs to be filled, we identify the people on the panel who are practising in that role today. They help us to put role definitions together that are comprehensive and meaningful for candidates,” he said.

‘‘More importantly, we use the experts in the recruitment process to do the final assessment of the candidate, so all candidates that come through us are qualified and have the credentials to do the job.”

Grogan said Verify’s unique approach could also help to guide candidates through the recruitment process.

‘‘The candidate has the opportunity to talk about the role with the expert panel member – to discuss the challenges of the role, what issues might be faced and what sorts of competencies would be important,” he said.

Grogan said employers needed expert help to recruit people for top IT roles. ‘‘It is a very candidate-rich environment.

The competition for roles is fierce. Senior people with lots of experience are finding it difficult to find a fit for their skills, as so many people are applying for roles.”

Verify employs four staff at its Dublin offices. ‘‘We are small administratively, but our expert panel gives us a large resource pool, and the flexibility to deal with expected peaks and troughs over time,” Grogan said. ‘‘We placed the IT director into a global IT company recently, and we are also working with an international finance company in Dublin filling a senior business change position.

‘‘That we can give candidates a high-calibre endorsement is certainly the differentiator for us in the success we have had so far.” Grogan said that the company would expand into other markets within the next 18 months. ‘‘We are targeting telcos, software and financial services, as well as any companies investing in new technologies and initiatives.

‘‘In terms of areas, we see opportunities in business intelligence , C RM, cloud computing, security, social media, green technology and collaboration,’’ said Grogan.

Here is a link to coverage: http://bit.ly/1MXtrB
Thank you to Elain O’Regan and Dermot Corrigan for all their help.
Ends

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