New figures show that a privately-owned hospital in Galway has recorded combined pre-tax profits of €32 million over the past two years.

Accounts just lodged by the Galway Clinic to the Companies Office for 2011 and 2010 show that revenues at the clinic have climbed by 25 per cent from €69 million in 2009 to €86 million last year.

The numbers employed at the hospital climbed by 32 to 541 last year.

The number of patients treated at the clinic increased from 60,000 to 68,000.

Chief executive and founding director of the Galway Clinic, James Sheehan also established its sister hospital, the Blackrock Clinic in Dublin.

The directors state that the firm’s cash position has improved and at the end of last year had cash of almost 18  million.

In June 2014, a debt obligation of €36 million is due which the directors said they are confident of meeting.