Share receivers have today been appointed to the Whitfield Clinic in Waterford.

The clinic is to continue operating under new management following the appointment of Kieran Wallace and Barry Donohue of KPMG as share receivers in Euro Care Healthcare Ltd by Anglo Irish Bank, which is owed €85 million.

Ms Philomena Shovlin has been appointed by the board of Euro Care Healthcare Limited as interim chief executive.

Ms. Shovlin was formerly chief executive of St Vincent's Private Hospital from 1999 to 2002 and was also director of the chief executive’s office at the Health Service Executive (HSE).

Opened in 2006, Whitfield Clinic is a private hospital which provides elective surgery in major specialties, diagnostic imaging, physiotherapy and radiotherapy. The hospital houses 40 inpatient beds and 24 outpatient or day surgery beds and employs approximately 160 people.

The receivers said employees would not be impacted by today's announcement and that the clinic will run as normal.

"It is in the interest of all that Whitfield Clinic is well run and has the capacity to develop, grow and produce profits for years to come," the receivers said in a statement.

"This action secures jobs, protects the business and puts it on a sound financial footing. Whitfield will be run on a “business as usual” basis and there will be no impact on day-to-day operations or patient care."

A spokesperson for the UPMC Whitfield Cancer Centre said that it is a separate legal entity and is therefore not affected by today's move.