Case Study
Affiliating to Sustain Mission and Community Asset
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Area of ExpertiseStrategic Advisory
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ServicesAffiliation Strategy
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CompanyIndependent Community Hospital
SITUATIONAL COMPANY ISSUES & OBJECTIVES
Independent community hospital in a highly competitive urban market
Board and leadership determined that a strategic partner should be considered to address negative financial performance and limited access to capital
ACTIVITIES & RESULTS
Developed financial projections identifying financial performance and capital access shortfalls
Assessed impact on the community and provider community with capital infusion
Assessed potential partners for organization fit and impact on community
Supported due diligence and regulatory processes to achieve quick approval
Affiliation resulted in significant investment in campus, focus on center of excellence, and significant improvement of financial performance
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