Ditchley Group expands healthcare portfolio with unique Academic Healthcare Centre
PRESS RELEASE May 2018:
The Ditchley Group completes purchase of Talacare Limited, developer and operator of the integrated Academic and Primary Care Centre in Tallaght, Co Dublin;
- The state-of-the-art centre comprises approximately 7,000 square metres (75,000 sq. ft.) of academic and healthcare facilities including the Health Service Executive’s locally based primary care teams, community and regional services; 5 local GP Practices, a local Pharmacy; and Trinity College’s Department of Population Health Medicine and GP training school;
- This marks the sixth investment by the company in healthcare facilities in Ireland, who currently own five nursing homes in counties Kerry, Galway, Cork and Kilkenny;
- CEO of the Ditchley Group, John Minihan said: “We look forward to working with the HSE, local GP’s and Trinity College to deliver world-class healthcare and academic research services.”
The Ditchley Group, a significant investor in Ireland’s health sector, has expanded its healthcare portfolio with its investment in Talacare Limited; the developer and operator of a state-of-the-art academic primary care centre in Tallaght, Dublin 24.
Situated in the new Tallaght town centre, the integrated Academic and Primary Care Centre comprises of approximately 7,000 square metres (75,000 square feet) of academic and healthcare facilities for the HSE, GP’s, Pharmacy and Trinity College Dublin.
Talacare Limited is the first Academic and Primary Care Centre of its kind in Ireland, providing healthcare and academic services in the same location.
The Primary Care Centre brings together local GP practices, HSE local services, Out Of Hours services and a community pharmacy to provide a wide range of healthcare services to the 100,000 people living in the surrounding local area. The HSE provides regional services to a much larger population from the Centre An Academic Centre has also been established to accommodate Trinity College Dublin’s Institute of Population Health Medicine, conducting health services research to international standards, and also delivering undergraduate and post graduate teaching, including GP training.
Established in 2014, Ditchley Group invests in and manages a range of healthcare facilities in Ireland with the aim to provide high quality healthcare in a vibrant, homely and active environment ensuring the correct balance between the duty of care with the business of care.
The Ditchley Group currently owns five nursing homes throughout Ireland in countries Kerry, Galway, Cork and Kilkenny. The acquisition of Talacare marks the sixth investment by the company in healthcare facilities in Ireland and the first investment in a Primary/Community Care facility.
The group currently employs 325 people and has ambitious plans to expand and invest in facilities and infrastructure that deliver real improvements in the range and quality of available health and social care to individuals, families and communities while giving a reasonable return to Ditchley’s investors
The Ditchley Group is funded through [a network of equity and debt providers including.
Commenting on the purchase, Chief Executive Officer of the Ditchley Group, John Minihan, said “We are delighted to add the integrated Talacare Academic and Primary Care Centre in Tallaght to our growing portfolio of healthcare facilities. The state-of-the-art centre greatly enhances health and patient care for the people of Tallaght and the surrounding area with its wide range of healthcare services.
This centre successfully demonstrates how privately funded investment can significantly expand and enhance health and patient care in Ireland.