By Bruce Japsen | A Chicago area family plans to build a third hospital in Ireland in a deal that may involve Loyola University Health System as a manager of certain programs at the facility, the family and Loyola confirmed Monday afternoon.
Sheehan Medical, which has offices in Dublin, Ohio and the northwest Chicago suburb of Winfield, is developing a hospital in Cork, Ireland. The group, run by James Sheehan and his father, Loyola University professor and orthopedic surgeon Dr. Joseph Sheehan, owns hospitals in Blackrock and Galway, Ireland.
The Sunday Business Post of Dublin, which was first to report Loyola’s involvement in the deal Sunday evening, said the hospital will have 75 inpatient beds, 20 outpatient beds and include investments from doctors “overseas” who wanted to return to Ireland to practice medicine. A spokesman for the Sheehans said today they are looking for a “more formalized relationship with Loyola” in Ireland.
Loyola University Health System, parent of Loyola University Medical Center in near west sburban Maywood, said in a statement to the Tribune this afternoon that there is “no defined commitment, contract or opportunity between Loyola University Health System and Sheehan Medical at this point.”
But Loyola confirmed top executives, including chief executive Dr. Paul Whelton, “has had a few exploratory meetings . . . regarding back-up in stroke and/or quality control” with the Sheehan family. Joseph Sheehan was also the original developer in Loyola’s neurosciences center in the southwest Chicago suburb of Burr Ridge.
The developer on the Burr Ridge facility, built for nearly $50 million, is now Sterling Bay Companies of Chicago and the Sheehan family retains a minority investment stake in the three-story property. Loyola is leasing two of three floors of the 100,000 square-foot building at 6800 N. Frontage Road in Burr Ridge. It is expected to be open in 2011.
Cork is the hometown of Loyola University Health System CEO Whelton, who has been the medical center’s top executive for three years. He received his medical degree from National University of Ireland, University College, Cork, according to Loyola’s web site.
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