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Bupa UK Insurance is a health insurer in the UK, with 2.3m customers. Bupa Dental Care is a leading provider of private dentistry with 480 dental centres across the UK and the Republic of Ireland. Bupa Care Services cares for around 6,000 residents in 123 care homes, and 10 Richmond care villages in the UK.
BUPA Ireland, then part of the wider BUPA group, entered the private medical insurance market in Ireland in 1997 ending the Vhi Healthcare monopoly which had existed for almost 40 years following the opening of the health insurance market in Ireland in 1994. [1] In December 2006, BUPA Ireland announced that it would be leaving the Irish market ...
In 2018, Bupa awarded the company a contract to manage a clinic which provides health screening, private GP services and muscle and joint assessment. [3] In November 2019 it opened a new £1 million six-bed ward at Kingsbridge Private Hospital and announced that it plans to increase patient capacity by 30% and take on 30 new staff.
Realex Payments was a European payment service provider with offices in Dublin and London. [1] The company provided a broad range of payment gateway services and processed transactions in excess of €35 billion [2] per annum on behalf of more than 14,000 clients including Virgin Atlantic, Vodafone Ireland, the AA, AXA Insurance, Paddy Power and Aer Lingus.
The Irish Payment Services Organisation Limited (IPSO) was established in June 1997. [1] IPSO was a company limited by guarantee owned by its member banks. [2]Its primary objective was to preserve the integrity and security of the bank payment system in Ireland - the systems used for the settlement of physical cheques as well as ATM transfers and debit and credit card purchases.
In February 2007, QUINN Healthcare entered the Irish health insurance market with the completion of its takeover of BUPA Ireland Limited's business. In October 2008, the Financial Regulator required Quinn Insurance Limited to pay a monetary penalty of over €3 million for failure to notify the Regulator before providing loans to related companies.
In August 2017 it bought 122 care homes, with 9,000 beds, from Bupa for £300 million, making it the biggest care home company in the UK with 22,000 beds in total. [3] In February 2021 it announced the sale of 52 care homes and closure of four more. At the same time it announced it was refurbishing 200 care homes and opening two more. [4]
481 medical consultants, 73% of them NHS employees, owned shares in 34 joint ventures with for-profit healthcare companies in 2020. This generated £31 million in dividends for them, an average dividend of £11,600 a year, over the previous 6 years according to research by the Centre for Health and the Public Interest. [8]