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Turnaround Strategies for Hospitals

For struggling hospitals, challenging the status quo may be the only way out of the zone of insolvency


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For “struggling hospitals, challenging the status quo may be the only way out of the zone of insolvency" according to a recent article published in Trustee Magazine.

According to the authors, “Today's financial rehabilitation requires rethinking the usual turnaround strategies and taking a more comprehensive perspective and approach to creating and implementing turnaround solutions; thinking shouldn't be limited to just financing tactics such as debt modifications.”

Read the complete article, which offers five potential turnaround strategies for consideration by authors Robert Clarke, Forensic & Dispute partner and national practice leader for the Health Sciences & Government industry for Deloitte Financial Advisory Services LLP and Bruce Buchanan, managing director with Healthcare Management Partners LLC.

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