Strategic & Financial Expertise

Providing Detailed Financial and Strategic Pathways to Healthy Performance

The complexities and daily pressures of the healthcare industry can test even the strongest organizations. Healthcare Management Partners serves as a trusted advisor to providers facing strategic decisions or financial underperformance. The firm brings experienced-based insight and objective analysis for guiding organizations onto the right growth path and pinpointing changes that significantly improve financial operations.

HMP does not simply assess strategic options or financial issues, then make recommendations. Its experts help implement the strategic plan and financial operating changes, relying on the strength of its seasoned C-level executives who provide on-site, on-target guidance and management.

In addition to working directly with providers, HMP teams up with private equity, accounting and law firms and lending institutions to deliver due diligence and financial and strategic assessments for their healthcare clients. What HMP brings to all clients is a bias for action and focus on results.

Financial Advisory Services Focus on Bottom-line Results

For clients seeking help with financial management and reporting issues or treasury and risk management challenges, Healthcare Management Partners employs a time-tested process for evaluating the situation and enacting improvements.

It begins by crunching the numbers to measure performance and day-to-day operating procedures against industry best practices and standards. Its analysis, leavened with extensive financial operating experience, identifies deficiencies to correct and other options for getting costs in line with revenue and building volume to improve cash flow and profitability. HMP experts then work with the provider to implement stronger financial operating practices and other changes to deliver both short-term and long-term gains.

HMP also applies its financial management expertise to:

Conducting due diligence efforts
Identifying potential acquisition targets
Producing customized analysis about potential financial issues, such as the impact of losing a specific source of funding

In a recent project for Deutsche Bank, Healthcare Management Partners analyzed the effects of proposed major and highly complex changes to the Medicare payment system for the home health agency market. HMP's analysis identified which companies would benefit and which ones would be hurt—and by how much—by the proposed changes.

Strategic Advisory Services Deliver New Level of Performance and Growth

Healthcare Management Partners helps shape industry leaders of today and tomorrow. Whether an organization is seeking to extend its success into new areas or struggling to reignite growth, HMP capitalizes on its operating expertise and powerful analytic abilities to identify the right course of action.

Its expertise in strategy-setting for healthcare organizations includes:

Corporate structures and restructuring
Mergers, acquisitions and divestitures
Expansion, development and growth scenarios
Recapitalization
Reorganization

HMP experts uncover the key facts and draw on their experience to determine the best strategy for each client. Using proprietary analytical tools and techniques for mining market and organizational data, HMP evaluates the client's financial and operating performance as it stands against its peers as well as market opportunities and challenges. It then maps out an organization strategy, detailing the corporate, capital and management structures that are necessary to effectively implement the strategic plan. Plans include short-term and long-term growth options.

HMP has worked with a wide range of clients to define and implement new growth plans:

Hospitals
Senior care, nursing homes and hospices
Home health agencies
Renal dialysis facilities
Managed care organizations
Behavioral health organizations

In one case, Healthcare Management Partners worked with a behavioral health innovator in the Northeast to set a new strategic direction to optimize the organization's value. It also played a pivotal role in executing the plan, which included identifying and negotiating with potential merger partners. As a result of creating a well-defined vision and action plan, the regional provider is now part of an admired, national Medicaid managed-care company and poised to achieve its goal of national expansion.

Turnaround Management

Strategic and Financial Expertise

Litigation Support