CALL 615-778-4650

TURNAROUND & RESTRUCTURING

Restructuring Page Graphic4The stated goal of all healthcare organizations is to improve the financial performance of the entity and simultaneously increase the quality of patient care. After all, the patient is the primary reason that healthcare exists. Increasing the quality of patient care cannot be achieved without the organization first achieving financial success.

Unfortunately in these challenging times, improving the financial performance of the entity sometimes becomes a dream and not the reality. Pressure from Federal/State governments, reduced reimbursements from third party payers, pressure from the medical staff, an aging physical plant, reduced patient census, and an obsolete Information System, only to name a few, can all be factors which lead to the poor financial performance of an entity. Poor financial performance yields low quality patient care and ultimately a distressed healthcare entity.

Spectrum Health Partners (SHP) is differentiated as an organization through not only the quality of its collective experience and fundamental knowledge of the healthcare industry, but through the proven capabilities of its professionals to successfully execute intense change management. SHP Partners, Principals, and Senior Advisors are true restructuring professionals accustomed to providing direction and asserting control in the midst of radically adverse managerial circumstances. Whether SHP professionals are helping a troubled organization strategically assess its potential capacity to formally reorganize or driving an operating turnaround through a management team in charge of daily operations, SHP’s main focus remains the building of value for your organization stakeholders. SHP’s financial restructuring, turnaround and bankruptcy services focus on restoring financially distressed hospitals to a position of financial strength. Our process is designed to quickly stabilize your entity in the short–term while repositioning it for long-term success. If designed correctly, restructuring, turnaround and bankruptcy services are uncomplicated and very effective. The results of the restructuring/turnaround/bankruptcy will position it for success far into the future.

Would you like more information?

For more information on how Spectrum Health Partners can assist your company with Turnaround & Restructuring, please contact…

Will Moore, CPA, CIRA, FHFMA
Partner
Cell Phone: (512) 750-0955
Email: wmoore@spectrumhpllc.com
Iain Briggs, ACA
Principal
Cell Phone: (615) 473-4837
Email: ibriggs@spectrumhpllc.com
Spectrum Health Partners

109 International Drive
Suite 140/150
Franklin, TN 37067
Office: (615) 778-4650