Healthcare

Our healthcare sector experience

While the vast majority of companies only have to consider shareholder value, those within healthcare have a multitude of other considerations. Operating a business within the healthcare industry can seem like a constant balancing act between prioritising service users while keeping a close eye on overheads and liabilities. Add to this concerns over reduced funding – at both an NHS and local authority level – as well as ever-increasing regulatory compliance standards (including from the CQC and Ofsted), and growing staffing costs, the challenges seem never-ending.

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Increasing demand for both healthcare services and products, has outstripped capacity and added even more acute stresses to an industry which is already – by its very nature – hugely pressured. This is a situation which has affected those across the industry, from those working on the front line, through to pharmaceutical companies responsible for ensuring supply chains of vital drugs and equipment were able to get to the right people at the right time.

Relieving pressures with a sector expert

During these challenging times, having the support of a healthcare specialist who not only understands the sector and the issues being faced, but also the need to preserve reputation, while ensuring adequate levels of patient/service user care are maintained at all times, can be invaluable.

Working with both company directors and professional advisers, our Advisory team have been externally recognised for our sector expertise, being listed on the Market Oversight Panel for the Care Quality Commission (CQC), emphasising our expertise across the sector.

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Benefits of restructuring a healthcare business

If the group/company has become over-complex over time, either with offshore entities, property holding companies, or simply offering an overly ambitious complement of services, our healthcare restructuring experts can explore ways of simplifying the corporate structure, freeing up both resources and funds which can be directed towards more profitable areas of the business. An operations review by trusted consultants can divest the company of its loss-making or otherwise non-performing areas, and help ensure the business is performing in the most efficient and cost-effective manner possible.

Where creditors are threatening legal action against the group/company, we have the expertise to consider all available insolvency options through our team of licensed insolvency practitioners.