Distress Is Widespread as Healthcare Industry Adapts to ACA
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Distress Is Widespread as Healthcare Industry Adapts to ACA
By Tom Buck, Partner, and Dion Oglesby, Managing Director, EisnerAmper & Jeremy Johnson, Shareholder, Polsinelli PC
“It’s only when the tide goes out that you learn who has been swimming naked.” —Warren Buffet
It is no secret the healthcare industry has been experiencing an unprecedented tidal wave of consolidation over the past several years. On its surface, the healthcare industry...
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Dion Oglesby is a managing director in the Bankruptcy and Restructuring Group of EisnerAmper LLP. He has extensive experience in restructuring and operations and has worked in a wide variety of industries, including healthcare. Among the healthcare matters he has been involved with are KidsPeace Corporation and 710 Long Ridge Road Operating Company. Oglesby holds an MBA from the Harvard Graduate School of Business Administration.
Thomas Buck, CTP, is a partner in the Bankruptcy and Restructuring Group of EisnerAmper LLP. He is a crisis management professional with more than 16 years of experience advising distressed businesses in a variety of industries, including healthcare, manufacturing, natural resources, and transportation/logistics. Matters he has been involved with include Transit Group Inc., Parmalat USA Corp., Best Manufacturing Group LLC, KidsPeace Corp., and Saint Michaels Medical Center Inc. In addition to being a CTP, Buck is a CIRA. He holds an MBA from Wake Forest University.
Jeremy R. Johnson is a shareholder at Polsinelli PC and provides business clients with business-oriented legal guidance addressing their finance, restructuring, and insolvency issues. Johnson has developed a special concentration in distressed healthcare, representing hospitals, senior living facilities, and financial and strategic purchasers of distressed healthcare assets.
