- June 24, 2020
- Events
Garfunkel Wild and CohnReznick Webinar – Stabilizing Healthcare: Key Strategies To Enhance Financial And Operational Performance
Speaker(s):
Burton S. Weston,
Adam T. Berkowitz, Cynthia Romano, Global Director, Transactions and Turnaround Advisory, CohnReznick; Chris Creger, Principal, Transactions and Turnaround Advisory, CohnReznick; Caroline Znaniec, Managing Director, Healthcare Advisory, CohnReznick
Garfunkel Wild’s Burton S. Weston, Adam Berkowitz and CohnReznick’s Cynthia Romano, Chris Creger, Caroline Znaniec will present the webinar “Stabilizing Healthcare: Key Strategies To Enhance Financial And Operational Performance" on June 24, 2020.
While our communities have leaned on the medical sector to heal those stricken with COVID-19, healthcare businesses have themselves taken ill, as profitable revenue streams have been closed-down or disrupted. Federal aid has been helpful, but provides only temporary relief. Many providers need a strategy to stabilize the financial health of the business; requiring them to make critical financial and operational decisions.
Our webinar provides practical guidance on how providers can develop their strategy. Featuring leading healthcare experts in turnaround management, revenue cycle management, and healthcare law, we’ll analyze what the new healthcare normal looks like, discuss how to conduct an operational review, and highlight options to consider when taking action to improve performance.
Topics to be discussed include:
While our communities have leaned on the medical sector to heal those stricken with COVID-19, healthcare businesses have themselves taken ill, as profitable revenue streams have been closed-down or disrupted. Federal aid has been helpful, but provides only temporary relief. Many providers need a strategy to stabilize the financial health of the business; requiring them to make critical financial and operational decisions.
Our webinar provides practical guidance on how providers can develop their strategy. Featuring leading healthcare experts in turnaround management, revenue cycle management, and healthcare law, we’ll analyze what the new healthcare normal looks like, discuss how to conduct an operational review, and highlight options to consider when taking action to improve performance.
Topics to be discussed include:
- The impact of COVID-19 on the healthcare industry in finance and operations
- Financial and operational considerations in the “new normal”
- Steps to take now to address financial distress including potential restructuring of key agreements, affiliations/sharing arrangements, preparation for bankruptcy as a last resort
- Industry outlook for stabilization and key strategies to improve financial and operational benchmarks