Whether you have been overwhelmed with COVID-19 patients or you have shut down your revenue-producing operations for patients that never came, you are facing a financial problem that will require a focused, intentional effort to recover from. Galloway has developed a comprehensive work plan to accelerate your recovery based on conversations with leading healthcare executives […]
Full story »Accelerated Recovery: Engage Governance and Staff
Empowerment and communication are foundational elements to any financial recovery from COVID-19. Here are our thoughts regarding your next step. Download PDF: Accelerated Recovery: Engage Governance and Staff
Full story »Accelerated Recovery: Cash Flows
One outcome is consistent: even the largest, best capitalized Systems are now facing financial issues that will require a focused, intentional effort. For an organization on a short cash runway, here is your plan of action. Download PDF: Accelerated Recovery: Cash Flows
Full story »Accelerated Recovery: Leverage a Strong Balance Sheet
Even the largest, best capitalized Systems are now facing financial issues that will require a focused, intentional effort. However, if your cash and financial position is relatively strong compared to your competitors, then you should seize the opportunities. Download PDF: Leverage a Strong Balance Sheet
Full story »Accelerated Recovery: Manage Financial Turnaround
Your cash flow runway does not require pre-emptive bankruptcy, but you anticipate that you will trip covenants on your bonds without aggressive action. For an organization in danger of tripping bond covenants, here is your plan of action. Download PDF: Tripping Covenants? Manage Financial Turnaround
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