Case Study

Interim Management

Faith-based Hospital System

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.