Whether under for-profit or non-profit ownership, hospitals are complex business enterprises which require bottom line cash flows to support operations. In some cases, declines in hospital operating performance result in cash flow losses which can lead to bankruptcy and/or closure of hospital entities.
To assist hospital management and bankruptcy courts in dealing with such challenges, we offer assistance in evaluating underlying reasons for distressed hospital operations and in assessing potential for restructuring/redirecting operations to achieve recovery of operational viability and cash flows.
By assessing factors such as those outlined at right, we offer guidance to optimize potential for a turnaround in performance and a return to profitability. Where a turnaround is not possible, we will so advise. In such cases, we offer guidance as to the optimal alternative use and value of the subject hospital property – whether for an alternative medical use; conversion to a non-medical use; etc.
If you are making decisions pertaining to operationally distressed hospital properties, call us.
We can help you.
Call us toll free (800) 262-7044.
Your project is our priority.
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