Long Term Care Provider - 1

Division: Phoenix Management Services


A Long Term Care Provider operating over three hundred facilities on a national basis with net revenues of $800M annually.


A management and operating appraisal was requested from the Chapter 11 bankruptcy court under which the Phoenix personnel acted as a special examiner for purposes of rendering a detailed report.


A thorough review of the company operations was performed and a report issued with respect to the objectives of the examination. The company received the report in a positive fashion, and would later emerge from bankruptcy in a highly successful long term corporate restructuring.