24 December, Dublin, Ireland. The Board of The Rotunda Hospital has announced the sale of its fertility clinic, HARI, to Virtus Health, Australia’s largest IVF provider. Staff employed by the privately run HARI clinic will be transferring with the business. The clinic will continue to be located within the grounds of the Rotunda Hospital for the foreseeable future.
Virtus Health also acquired a 70% shareholding in the SIMS Clinic, Dublin earlier this year. The two Irish clinics will now work closely together in providing IVF services in Ireland while also sharing expertise and best practice with Virtus, a world leader in reproductive medicine.
“This acquisition means that the HARI Clinic and its patients will benefit from the rapidly developing technologies and advances being made in IVF by Virtus Health. It will also protect the current level of pro bono IVF services, which the hospital funds. The sale proceeds will assist the Hospital to progress its strategic objective to co-locate with an adult acute hospital in new modern premises as outlined in our current 2014-2016 Strategy,” said Dr Sam Coulter-Smith, Master of The Rotunda.
Ms. Hilary Prentice, Chairman of The Rotunda Hospital, said: “The Board of the Hospital recognises that IVF services continue to grow in Ireland and internationally. That growth places increasing demands on continued investment in the business to stay at the leading edge in service provision and quality healthcare for the future. As part of the sale, we have agreed with Virtus Health that the Clinic will continue offering a pro-bono IVF service to some patients where funding allows. In addition, we’ll be continuing to offer the much-needed support services that we have provided for oncology patients. The decision is the right one for the future of HARI and its staff, and presents a good outcome in clinical terms for our patients and their families.”
Virtus Health CEO, Sue Channon, said: “We are thrilled to be able to expand our presence in Ireland with such a highly respected unit and look forward to working with the team to continue to build on the reputation for high quality training, patient care and outcomes.”
SIMS Medical Director, Dr David Walsh, said: “The HARI Clinic is a highly respected and trusted unit in Ireland and has played a significant role in the training of obstetricians and gynaecologists, and fertility specialists in Ireland and the broader medical community including Australia.”
Patients currently receiving IVF treatment and services from HARI will not experience any change in their agreed treatment programme following the acquisition that will formally take place from 1 January 2015.
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Dermot McCrum, Strand Communications, Dublin, Ireland
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