Turnaround and Restructuring
MRN Healthcare Management’s team has a deep understanding of the challenging healthcare industry. Healthcare organizations face their own unique complex issues and our teams helps navigate customizable solutions for these issues. Whether it be a financial turnaround or an overall organizational restructuring, we help organizations navigate these unchartered waters. We specialize in financial turnarounds to prevent bankruptcy. We can also develop restructuring plans before, during and after bankruptcy filing. Our consultants have decades of hands-on operational experience to help organizations achieve sustainable results. We develop and implement the plan side by side with our clients to drive success.
We provide Turnaround and Restructuring Services To:
- Critical Access Hospitals
- Community hospitals
- Public and Government Owned Hospitals
- Integrated Health systems
- Post-Acute/Long Term Acute Care
- Senior Housing/Retirement Communities
- Physician Enterprises
Our team of seasoned consultants assist clients in the following areas:
- Organization-wide Operational Performance improvement
- Company restructuring consulting
- Lender restructuring consulting
- Chief Restructuring Officer
- Interim Leadership
- Strategy consulting
- Bankruptcy administration Consulting
- Merger and Acquisition/Partnership Development
- Wind down Consulting/Plan Development
Our Turnaround and Restructuring Strategy Includes:
- Organization-Wide Operational Assessment
- Physician Enterprise Assessment
- Revenue Cycle Assessments
- Leadership and Governance Assessment
- Supply Chain Management Assessment
- Payor/Physician Contract Optimization
After the comprehensive assessments are complete, which can take from 10 to 14 weeks’ time depending on size of facility, a robust finding report along with detailed, workable action plans are developed. Our experts then guide your team every step of the way to implement these actions for real, time sensitive results. We capture the low hanging fruit right away, providing immediate results. This keeps team morale high, and establishes trust.