Few sectors have to cope with such continuous pressures on performance and continual change as do the healthcare and senior living sectors.
In addition, events outside of the control of the management team can often confound even the best-laid plans. If this were not enough, it has to be undertaken in the very public gaze of politicians, the press, patients and their families and other active interest groups.
Inevitably, there are times when large problems can be made much smaller with support from experienced, trusted advisors who are able to help in standing back, clearly analysing a problem and assisting in creating deliverable solutions in a cost-effective and timely manner.
We have have experience, not only in acting as consultants, but as board members and restructuring professionals in this sector and are able, through this experience, to bring to bear genuine hands-on expertise.
Throughout BTG Global Advisory we have access to models and solutions that have been successfully applied across a range of global organisations to correct corporate underperformance.
Related Case Studies
Healthcare
Hospital saved
The debtor-in-possession proceedings for the Osterhofen Specialist Clinic in the South of Germany with a workforce of almost 100 employees have been successfully completed. Mr. Stephan Ammann from PLUTA Rechtsanwalts GmbH acted as the insolvency monitor in these proceedings. Mr. Ammann and Mr. Ivo-Meinert Willrodt supported the successful restructuring and monitored the proceedings so as to prevent any disadvantages for the creditors. The clinic took advantage of this opportunity and, despite the crisis, even managed to set up a new department through targeted investment. A visible proof of success: the number of beds authorised by the Bavarian hospital plan and also the number of employees increased during the proceedings.
Healthcare
Major Pharmaceutical Group
We acted for the parent company in this solvent liquidation of its subsidiary companies.
Our principal role was to reorganise and simplify this group’s corporate structure.
Specifically we had to deal with tax clearance and issues associated with the distribution of assets in excess of $600M to shareholders in the group.
The case was further complicated by managing trade mark issues including assignments in numerous countries.
This was highly successful and all distributions were effected.
Our Other Industry Experience