J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA medical center was at risk of losing its contract with the Independent Practice Association (IPA) of Physicians contracted to provide primary care services to the medical center’s employees due to the IPA’s high fixed costs.
The IPA, which had been funded with a loan from the medical center, faced severe cash flow problems. It had failed to attract sufficient members, beyond the medical center’s employees, to support its high fixed costs. Displeased with the economics, physicians were threatening to leave the IPA which would have put the hospital in jeopardy.
Desirous to keep the IPA in business to serve the primary care needs of its employees, the medical center retained J.S. Held to conduct a financial analysis of the IPA and provide restructuring solutions.
Our experts creatively restructured debt owed by the IPA to the medical center, meeting both parties’ needs. Our actions and solutions included:
David Stapleton, CPA, CLPF
Senior Managing Director
Strategic Advisory Practice
+1 213 235 0601
[email protected]
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