Downey Regional Medical Center (Downey), a privately owned hospital located in Downey, California, was recently awarded the Revenue Cycle Best Practice Award for Rapid Implementation by MedAssets.
Focus Management Group (Focus) is serving as Financial Advisor for Downey and is guiding the hospital through its Chapter 11 bankruptcy proceeding. In this capacity Focus has worked with Downey to improve the overall revenue cycle management, computer system ...Read Full Story
As much as a troubled borrower and its lender might like to part ways, finding a new lender to take out the existing lender at par may be a difficult objective to accomplish.
Safety regulations implemented by the Federal Motor Carrier Safety Administration (FMCSA) are meant to impact safety on the roadways, but will most certainly have an impact on the profitability of transportation companies. Lenders to companies in this sector should keep abreast of the changing environment in this arena and the associated potential impact on profitability.
As Advisors, Restructuring Officers and Interim Managers, the professionals of Focus Management Group support their corporate clients by focusing on short and long-term improvement strategies. In part this is dependent on economic growth both domestically and internationally.
Retailers today are looking for opportunities to improve their contact and their relationships with their customers. Solidifying the relationship is critical to repeat business, which in turn is critical to success.
Ethanol producers are currently feeling the strain of low margins and uncertain tax incentives. The futures pricing for corn, natural gas and ethanol does not show any immediate relief. Current forecasts of input costs and ethanol sales prices continue to show costs of corn and natural gas exceeding 90% of the projected ethanol sale price.
Professionals recognize that receiverships can provide a cost-effective and efficient way to liquidate failed businesses, and that receiverships can provide some bankruptcy benefits without the high cost or lengthy proceedings associated with bankruptcy cases. Receivership professional fees tend to be less than those incurred in a restructuring or liquidation under the Bankruptcy Code.
