Kaufman Hall, a leading provider of financial and other management consulting services, and enterprise performance management and decision support software, today announced the launch of a Treasury Operations Advisory service for health systems. Its focus is to assist organizations in the management of liquidity and infrastructure to enable the seamless flow of credit and capital within and across their health systems to defend operations or support growth initiatives.
Kaufman Hall’s Treasury Operations Advisory service has three offerings to help health systems meet their financial goals: Bank Relationship Analysis/Management, Treasury Infrastructure Optimization, and RFI/RFP Consultation.
Key benefits for healthcare organizations include:
- Optimized banking fee structures, freeing up funds for other initiatives
- Enhanced risk mitigation and regulatory compliance through regular audits
- Objective advice for vetting technology and pricing structures in banking proposals
Kaufman Hall has added Geoff Stenger to complement the firm’s existing Treasury Operations competencies. Mr. Stenger brings extensive expertise in treasury management, including bank credit financing solutions and treasury operations consulting. His background includes 10 years of experience assisting clients in the evaluation of their capital structure, identifying and implementing efficiency improvements, and creating value from their treasury function.
Prior to joining Kaufman Hall as Assistant Vice President, Mr. Stenger was a commercial banker in J.P. Morgan’s healthcare and higher education group, where his responsibilities focused on private debt transactions, working capital optimization, and treasury services solutions.
“The core of the Treasury Operations function in healthcare organizations is cash management, and the maintenance of commercial banking accounts and products,” said Managing Director Eric Jordahl, who leads Kaufman Hall’s Financial Advisory practice. “We are pleased to welcome Geoff to the Kaufman Hall team. His expertise further enables us to help our clients implement treasury best practices, such as periodic review of banking relationships to ensure fee optimization, and use of the most innovative product offerings.”
Kaufman Hall is the only independent financial advisory firm providing services exclusively to borrowers, and not issuing authorities. This allows Kaufman Hall’s consultants to provide conflict-free borrowing recommendations and to vigorously advocate for clients’ interests throughout the debt financing process. Kaufman Hall’s Treasury Operations Advisory service is offered as one component of a comprehensive suite of management consulting options that can drive health system initiatives including efficient use of capital, cost structuring and management, physician strategies, and smart partnering.
Click here to learn more about how Kaufman Hall is assisting hospitals and health systems with treasury and financing strategies.