Outmaneuver Uncertainty: What To Do Now and Next

 

COVID-19 has created unprecedented financial damage to America’s hospitals and health systems, and will reshape healthcare’s future in ways that are hard to predict.

To emerge successfully from the COVID crisis, organizations need the very best and most nuanced plans, and superbly coordinated execution. We work as a quarterback across all parts of the recovery, including baseline financial and credit position, operational cost structure, strategic positioning, and balance sheet improvement.

The Path Forward

 

The First Phase: Assessing the Impact

This phase includes understanding the effects of COVID on the environment and on the organization’s financial and operational conditions. This assessment results in an organization-specific scenario that combine pre-COVID state and the impact of COVID.

 

Pre and Post COVID scenario planning for healthcare

 


The Second Phase: Charting the Path Forward

This phase connects the organizational state with strategic goals for a post-COVID future. For example, larger, financially strong organizations that were only modestly affected by COVID may focus on a growth strategy. Organizations that were stable prior to COVID but moderately affected by the virus may focus on recovery. And organizations that were financially challenged prior to COVID and hit hard by the virus’ effects may focus on significant restructuring.

Tools of Recovery

 

Kaufman Hall is the only firm operating in healthcare to combine industry-leading capabilities in financial planning, performance improvement, strategy, treasury consulting, and software under a single umbrella. We can help manage the full process of recovery, applying the critical tools necessary to understand the impacts of COVID and chart a successful path forward.

 

Kaufman Hall offerings for COVID recovery

Contact us today to discuss your COVID-recovery needs and begin your path forward.

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More insights and actions for the COVID-19 crisis


Kaufman Hall & Hagerty Consulting: Partnering for Healthcare Recovery.

The Kaufman Hall and Hagerty Consulting partnership brings together Kaufman Hall’s expertise in healthcare strategic financial planning with Hagerty’s disaster preparedness and recovery funding consulting capabilities into a single, comprehensive solution for U.S. healthcare providers.

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Our healthcare experts


kenneth-kaufman

Kenneth Kaufman

Kenneth Kaufman offers deep insights on the economic, technological, and competitive forces undermining healthcare’s traditional business model.
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R-Wes-Champion

R. Wesley Champion

Wes Champion oversees all facets of Kaufman Hall’s management consulting, software solutions, and data analytics.
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eric-jordahl

Eric Jordahl

Eric Jordahl directs Kaufman Hall’s Treasury and Capital Markets practice and focuses on helping healthcare organizations nationwide by providing Treasury-related transactional, strategic, and management support across all financial assets and liabilities.
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Kate-Guelich

Kate Guelich, Managing Director

Kate Guelich has been advising healthcare leaders nationwide for more than 20 years, offering keen industry insights in the areas of strategic financial planning, mergers and acquisitions, and financial advisory services.
Learn More About Kate
Lance-Robinson

Lance Robinson, Managing Director

Lance leads the Performance Improvement practice. He works with healthcare leaders nationwide to help them redefine performance improvement with data-driven insights and solutions for achieving sustainable results.
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Anu-Singh

Anu Singh, Managing Director

Anu Singh leads the evaluation, structuring, negotiation, and execution of mergers, acquisitions, partnerships, joint ventures, and other forms of transactions.
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Mark-Grube

Mark Grube

Mark Grube leads Kaufman Hall’s healthcare strategy services, where his signature engagements have included helping hospitals and health systems to achieve growth opportunities, assess partnership options, and establish consumer strategies.
Learn More About Mark
Dan Majka

Dan Majka

Dan Majka consults on a national basis for a broad range of healthcare organizations. His areas of expertise include integrated strategic and financial plans, capital allocation, and mergers, acquisitions, and partnerships.
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Get started on your journey to COVID recovery.

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