Once a distressed business and its advisors have concluded that an out-of-court restructuring will not satisfactorily resolve a debtor’s financial difficulties, the company frequently begins planning to seek relief under the U.S. Bankruptcy Code. The code provides debtors and creditors with a...

Challenges present opportunities, and there will be many challenges in 2016 providing for creative distressed investment opportunities. The challenges range from rising interest rates and lower commodity prices to geopolitical risks and a global economic slowdown. Some of these challenges will have...

Over the past decade, hospitals have been busy acquiring physician practices. This article provides an overview of this trend, considers the reasons behind it, describes some risk factors relating to this shift toward physician employment, and then suggests some safeguards for health systems and...

In most industries, certain commonalities in business operations make it possible for an outsider to learn the fundamentals reasonably well in a relatively short period of time. There is, however, one industry that seems to be struggling right now where this is not the case—healthcare. For...

As healthcare facilities reorganize, re-engineer, or otherwise optimize their revenue cycle management, an unfortunate by-product is a checklist of potentially hazardous oversights encountered in the field. A rural community hospital, for example, experienced major cash flow shortages that turned...

The healthcare transaction environment is unique in many respects, compared to most other industries, making it challenging to understand for the casual observer and experienced professional alike. Depending on the buyer and seller, geographic location, and type of business, there are a myriad of...

Bill Patterson, CTP, is a principal with Bridgepoint Consulting LLC in Austin, Texas. He has 30 years of financial experience, having spent 10 years with Big Four firms and served as CFO and consulted with a number of early-stage and mid-market companies. Patterson has extensive transaction...

Today’s healthcare industry is so fragmented and devoid of standardization that you might notice that our authors on occasion even use different acronyms from each other for the same commonly used terms and that articles overlap a bit, just as complicated healthcare regulations do. As a commercial...

Alabama Mark Dillard, The Southern Bank Company Arizona Kristen Michele Daley, Resolute Commercial Services Robert E. Bernosky, SV Advisors California - Northern Joshua Goldsmith, FTI Consulting Matthew O. Patterson, Expansion Capital Group Jason E. Sellers, Barney & Barney Omar Stevens,...

If insolvency and healthcare were elements on the periodic table, the isotope resulting from their combination would be highly unstable. Healthcare differs from other economic sectors because of the regulatory climate that pervades every aspect of the industry. Many industries are highly regulated...