You turn to Accordion.
We step in to help improve performance and identify an exit strategy. More specifically, we:
Accelerate a financial turnaround. We:
- Identify numerous financial reporting weaknesses, take control of the cash operations, and implement an aggressive cash improvement plan.
- Find opportunities for short-term liquidity improvements and secure funding to cover operating cash flow shortfalls.
- Develop and implement various performance improvement strategic initiatives including cost rationalization, sales and marketing, revenue cycle enhancement (RCM), liquidity management, and recapitalization strategies.
- Address deficiencies identified in the RCM process and implement improved policies and procedures.
- Enhance weekly, monthly, and quarterly financial reporting, and build dashboard KPI reporting and performance improvement initiative tracking.
Drive operational efficiencies. We:
- Establish operating strategies for restructuring, including: a) divesting facilities which do not align to strategy and applying the proceeds to reduce debt, b) reducing corporate overhead and decentralizing management, and c) improving sales and marketing strategies and initiatives.
- Evaluate profitability for all locations including long-term financial forecasts.
- Review portfolio of non-core assets and develop plan for divestiture.
Your value is enhanced.
You avoid bankruptcy while navigating amongst several different exit strategy options to negotiate a successful sale.