The challenges facing healthcare finance today are unprecedented. Whether the causes are increased regulatory compliance, changes in reimbursement rates, uncertainty with the Affordable Care Act; or mounting tort and employment litigation, the message is clear: these changes affect every healthcare-related business. At Crux Strategies, we've assembled the most experienced distressed healthcare restructuring team in the U.S. Our firm is comprised of senior-level executives across industries including law, business, finance, health, technology and government; allowing us to guide healthcare facilities and investors with custom solutions that respond to increasing financial, operational and regulatory challenges.
We believe bankruptcy is not a badge of financial distress, but rather a business tool to use in revitalizing, restructuring, and accomplishing the goals management foresees or needs to anticipate. This may include effectuating a merger, a sale/purchase of assets or equity, a way to deal with regulatory issues and cumbersome leases or contracts or a restructure of debt and equity with new capital. In any case, the bankruptcy process can provide a safe haven from which a company can emerge with a clean balance sheet.
Whether you are a company facing financial distress or a private equity firm considering distressed assets, the ability to analyze and act on current data is key to a sustainable business. Our turnaround team is a unique hybrid of business and legal experts that rely heavily on data-driven insights to guide strategic results. By leveraging our proprietary healthcare business analytics platform, we identify immediate and comprehensive business, financial, operational and political solutions that allow our clients to quickly chart a course back to financial viability.
As one of the leading distressed healthcare restructuring firms in the country, we have earned a strong reputation for structuring asset acquisitions that transform flailing businesses to sustainable, profitable companies. We regularly advise private equity groups, financial institutions, accounting firms and health systems in how to properly analyze and manage distressed healthcare assets. Not only does our firm have significant experience in navigating the sales process, either as purchasers or sellers, but we also identify custom strategies for asset acquisition for companies both in-and-out of bankruptcy.
We believe the value and promise we provide to our clients is unique. The structure of our boutique firm allows our clients with direct access to our executive team, which happens to include the former CIO of HCA, an accomplished Chief Restructuring Officer and one of the most acclaimed turnaround attorneys in the U.S. No other firm delivers our depth of skill and expertise across healthcare, finance, law, business, analytics and government relations.
We believe the value and promise we provide to our clients is unique. The structure of our boutique firm allows our clients with direct access to our executive team, which happens to include the former CIO of HCA, an accomplished Chief Restructuring Officer and one of the most acclaimed turnaround attorneys in the U.S. No other firm delivers our depth of skill and expertise across healthcare, finance, law, business, analytics and government relations.
Data is at the core of every strategic execution we approach for bankruptcy and turnaround scenarios. This is why Crux Strategies™ built the Aurum™ database. Our proprietary database, built on over 30 million claims, contains the financial metrics for every hospital, ambulatory surgery center, specialty physician practice, and post-acute care facility in the U.S. By leveraging these real-time metrics as the foundation for our data-driven roadmap, we offer an unmatched analysis for clients trying to identify financial and operational challenges. Simply put, we take the guesswork out of restructuring distressed assets—ensuring our clients with an efficient and effective course back to financial viability.
Most restructuring and turnaround firms have built their business model around providing clients with duplicative, mass-produced solutions. At Crux Strategies, we recognize and value the tremendous responsibility we have to our clients facing challenging operational or regulatory situations. And because the spectrum of challenges for each client is unique, we promise to deliver customized solutions that are powered by cutting-edge business analytics and unmatched experience in business, law and government. Whether you’re a health care providers, practice group, investor or lender, our team stands ready to transform your business.
Most restructuring and turnaround firms have built their business model around providing clients with duplicative, mass-produced solutions. At Crux Strategies, we recognize and value the tremendous responsibility we have to our clients facing challenging operational or regulatory situations. And because the spectrum of challenges for each client is unique, we promise to deliver customized solutions that are powered by cutting-edge business analytics and unmatched experience in business, law and government. Whether you’re a health care providers, practice group, investor or lender, our team stands ready to transform your business.
A Blue Plan health insurance company formed a wholly opened subsidiary as an early EMR. Strategically, an EMR company was a poor fit for a health insurance company resulting in poor financial performance. The Blue Plan had invested $25 million in its wholly opened subsidiary with a resulting valuation of $6.5 million.
Members of our team worked with the wholly opened subsidiary to develop their own operating and data systems. As a result, the subsidiary converted from an “aggregator” of other companies services to a true IP firm.
After an 18-month engagement with our team, the health insurance company had two offers for their wholly opened subsidiary; $54 million and $70 million.
G.E. Clark
Mayor | Houston County Community Hospital
“Thanks to Tim Gary and his dedicated team, our business is growing and we're bringing the hospital back to where it needs to be."
Whether your organization is thriving, or underperforming, there are significant opportunities in this uncertain time—as long as you have the right skilled and dedicated partner. If you are concerned about your organization’s financial sustainability, or are seeking opportunities to expand operations through acquisition of distressed entities, now is the time to develop strategies to maximize your organization’s goals.