Case Study

The Fire

• A faith-based hospital system was suffering from poor management, regulatory compliance issues, out-of-control expenses, and organizational dysfunction.

• Material dissatisfaction with the hospital system existed from major referral source with the hospital’s services.

The Rescue

• As COO, undertook a re-alignment of operational systems and implemented financial controls.

• Re-educated staff, at all levels, on regulatory compliance issues necessary to continue operations without incurring significant penalties, fines and even loss of licensure.

• Positioned the client and its three operating segments, home health care, durable medical goods and an infusion pharmacy, for sale.

The Result

A profitable sale of all three operating entities was accomplished.