Health Sector

Overview

The general health of the Irish population has improved substantially over recent decades. We’re living longer, healthier lives. In fact, over the past ten years, life expectancy in Ireland has increased by more than 2.5 years, with a further 1.5-year rise projected for the next decade.1 This improvement is attributed to various factors, primarily better healthcare services, advancements in medicine, and increased healthcare accessibility. Though not perfect, we have a health sector that is hard-working, resilient, and one that we should be proud of.

Our services

At Bank of Ireland, we understand the unique needs of this sector and are committed to being a key partner for the industry.

To our customers we offer tailored financial solutions to support business growth, whether you’re establishing, expanding, or exporting. Our dedicated business teams are here to guide you every step of the way.

To the Healthcare sector, we offer our support. We actively partner with organisations such as Nursing Homes Ireland, the Irish Pharmacy Union, Céile Care, and others, sharing insights, working collaboratively on initiatives, and celebrating success.

Our industry insights and outlook

We regularly provide updates on industry dynamics and trends to keep you informed.
Read our latest report.

Looking to the future

Our health sector is at an exciting phase with the emergence of new models of working, a shift towards community-based care and substantial capital investment. There is welcome air of optimism. Whilst not without challenges, innovation, data, technology, and a particular focus on sustainability are all helping shape healthcare of the future. We’re passionate about helping businesses prioritise sustainable practices and wish to support the ‘green journey’. Whether you’re just starting out or well into a 10-year plan, we’re here to help with this transition.

Over the coming months and years, the healthcare system will need to strengthen collaborative working across partner organisations. Strong leadership is needed to deliver sustainability changes, drive improvement, and encourage innovation. We understand the challenges faced by private health businesses across the sector. We are a strong supporter of innovative change and will continue to work closely with our customers and communities to enable them to thrive in the current headwinds.

If you’d like more information on how Bank of Ireland can help you go green, visit our Business Green Hub and together we can work to create a resilient, circular health sector.

Gráinne Henson

Gráinne Mahon Henson – Head of Health Sector

Gráinne’s BioRead here

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Email:
grainne.henson@boi.com
Mobile:087 766 3661

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1 Department of Health, Health in Ireland-Key Trends 2023