Planned regulatory changes in Ireland should see 1m more people take out private medical insurance, based on the impact of similar legislation in the Netherlands and Australia. This should improve performance after the private sector over-expanded in the early Noughties and suffered badly in the recent recession. Equity investment in existing providers now starts to make sense. Recent transactions this year have included the sale of The Beacon and the attempted sale of Mount Carmel Hospital by Adam Scott and Jean Redmond of Mansfield Advisors LLP.