Learn how HDG stabilized operations of multiple senior communities in receivership within six months, leading to the successful transfer to new local owners/operators after just over one year.
HDG Helps You Move Through Hardship
Gain Comprehensive Senior Care and Living Turnaround and Receivership Transition Support
There are many market factors that can cause senior care and living communities to struggle for sustainability: declining reimbursement, workforce shortages, increasing regulatory scrutiny, and more. There’s no need to weather this hardship alone. HDG’s experienced professionals can deliver turnaround services that propel operational improvements or support receivers in stabilizing operations and determining options for divestiture or closure.
- Turnaround Services
HDG turns difficult situations into opportunities. Our turnaround team members possess specialized skillsets that are markedly different from the abilities needed to manage high-functioning operations. These experienced professionals work within HDG’s turnaround support framework to assist your leadership, ensure your organization understands the impact of change, and implement new processes to propel success.
- Receivership Transition
HDG partners closely with court-appointed receivers to oversee the management, sale, or, if necessary, closure of distressed assets. Our goal is to support the receiver in protecting the value of the senior living community or skilled nursing facility through the transition. We accomplish this through a variety of duties, including overseeing and managing staff, promoting quality and regulatory compliance, restructuring contracts, managing vendor relationships, and overseeing basic maintenance and repairs.