Turnaround Services

Many rural or community hospitals are facing crisis due to an inability to compete with large hospitals in their vicinity.  The loss of a substantial patient base can result when the community looses trust in the services being provided.  This situation is often reversible.

Our turnaround experts have the skills to successfully rescue hospitals and nursing homes from eminent failure and return them to a fiscally sound state.

LFKD has formulated an eight point plan to facilitate the turnaround of facilities in the most cost effective way.  The development and implementation of additional cutting edge healthcare services in conjunction with a comprehensive re-evaluation of all financial, accounting, employment, insurance, health care, physical plant and public relations issues can result in your facility’s wining back the trust of the community and regaining its rightful share of the community patient base.

By employing an outside team of uninvolved professionals who have no personal axes to grind, LFKD is able to provide a in-depth financial and operational analysis which is the first step in understanding your facility’s cash flow and operational procedures in order to better understand where our skills can be put to the best use.  These in-depth investigations are conducted by our senior accounting and turnaround experts.  LFKD can provide timely professional solutions designed to re-establish trust, productivity and profitability.  Get out of the red ink and into the black!!!

Regaining the trust and enthusiastic participation of employees, clients and investors

 is crucial to our primary goal of contributing  to your continued success and growth.  Healthcare facilities in crisis need immediate, strong decisive and immediate leadership by experienced and skilled experts.  Interim turnaround executives are ready to deal with the day-to-day problems that may plague your operation.  They are capable and able of making the difficult decisions that are necessary to insure sustainable growth and development while improving your bottom-line.

LFKD takes a person interest in each facility.  Of particular emphasis is a thorough

and comprehensive review of: inadequate cash flow; outdated equipment; poor reimbursement; and lack of sufficient patient volume.  These are the most common causes of substandard performance and eventual dissolution.  Allow us to help you find the answers to your problems.

LFKD is able put a team of experts in place, assume management of the facility and

aggressively move towards long-term viability and success.

We believe in a one team one mission corporate environment.  LFKD will employ

state of the art management techniques build  strong relationships with the staff and community.   Our goal is to make sure that you have what you need when and where it is needed the most!  That is LFKD’s commitment to excellence.