[ Irish nursing homes are ‘at a critical juncture. It also had €288 million of bank and group company loans at the end of 2023 – leaving it with €59.2 million more of stated liabilities than assets. Nursing Homes Ireland, the sector lobby group, said in a pre-budget submission in August that the average Fair Deal rate in Ireland is about €1,232 a week, some €737 less than public rates. French care home group DomusVi, the fifth main operator, made its entry in January 2021 by acquiring Trinity Care. Its Irish unit reported a €4.96 million loss last year, bringing losses for its first four years in the market to €16.9 million.

Source: The Irish Times December 11, 2025 16:33 UTC