Business

Belfast healthcare group in finance deal to invest a further £1.25m at private hospital

Kingsbridge Healthcare Group's private hospital on the Lisburn Road in Belfast.
Kingsbridge Healthcare Group's private hospital on the Lisburn Road in Belfast. Kingsbridge Healthcare Group's private hospital on the Lisburn Road in Belfast.

BELFAST-based Kingsbridge Healthcare Group (KHG) has announced plans to invest £1.25 million at its private hospital in the city.

The company said it will upgrade its existing facilities on the Lisburn Road and procure new medical technologies.

KHG said it secured the finance from Ulster Bank and Lombard.

It comes just over a year after the private healthcare provider opened a new £1m six-bed ward at its Belfast hospital, increasing capacity by 30 per cent.

Phase two of the investment programme was completed during the lockdown period, with KHG installing an additional laminar flow theatre.

The group’s chief finance officer, Jeremy Macartney said the fresh injection of funds would facilitate the rapid progression of its ongoing plans.

“During what is a challenging time in the health sector the assistance and great personal commitment shown by the team has allowed us to keep this programme on track,” he said.

“It has enabled us to continue to provide vital clinical services to the patients in our care while simultaneously upgrading our facilities and investing for the future.”

Declan Napier from Lombard said: “Over recent months we’ve been engaging closely with our customers to respond to their needs with practical support and measures, but we’ve also been continuing our work to help businesses to adapt, grow, and plan for the future.

“The Ulster Bank and Lombard teams are extremely pleased to deliver the funding that is enabling KHG to invest in its facilities and to acquire the very latest medical technologies as it continues to rollout a programme of strategic investments that will secure a sustainable future for the business.”