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Leadership & Finance
Results-based improvement with
Acute care health systems | Bed-side diagnostic companies | Specialty hospitals
Increase
EBITDA
Renegotiate Contracts
Guided
BK Process
Increase
Revenue
$2.4B Health System:
Severe under-performance, union issues, significant decrease in market share.
Result: Increased EBITDA from $150M to $250M, implemented LEAN for $5M savings/year, grew market share 2% in 16 months.
$1.4B Health System:
System on the brink of BK, losing money on 6 hospitals and physician practices, union challenges.
Result: Increased EBITDA by $84M first year, replaced all management teams, renegotiated all contracts, sold the enterprise.
$540M largest bed-side diagnostics company:
Over $700M in debt, 72 acquisitions not fully integrated, decreasing margins.
Result: Guided BK process with emergence in 7 months, renegotiated all contracts and settlements, restructured debt to $150M, increased EBITDA run rate from $2 to $26M.
$300M Specialty Hospital:
Executive management turnover, low employee engagement and decreased revenue.
Result: Increased revenue/patient day by 7.5%, reduced drug cost by 19%, increased business by 10%, acquired 11 hospitals and behavioral health and senior living increased employee engagement by 40%.
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