| Appointment Type |
Appointment |
Summary |
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| Corporate Recovery Services |
ABPM |
Receivers and Managers of two retirement villages in Sydney, sold as a going concern. |
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| Turnaround and Restructuring Services |
Adelaide Community Healthcare Alliance Inc., Adelaide |
Initial coordination of information requirements for information memorandum and review of actual financial performance against benchmark private hospitals and aged care providers. |
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| Turnaround and Restructuring Services |
Allamanda Private Hospital, Southport |
Initial coordination of the preparation of information memorandum, compilation of due diligence documents and establishing overall protocols for the sale processes. Subsequent coordination of inspections by interested parties and due diligence process. |
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| Turnaround and Restructuring Services |
Brighton Hospital Group, Melbourne |
Divestment of two private hospitals in Brighton, Melbourne involving trade on of both hospitals, monitoring of trading performance, creation of a data room to enable purchaser due diligence, negotiation of contractual terms and assisting the purchaser in completion of contractual pre-conditions including transfer of the hospital license to the purchaser. |
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| Turnaround and Restructuring Services |
Buderim Private Hospital, Buderim |
Compilation of due diligence documents and coordination of inspections by interested parties, liaising with interested parties regarding requests for additional due diligence information and liaising with financiers regarding settlement. |
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| Turnaround and Restructuring Services |
Centrepoint Private Hospital, Brisbane |
Divestment of private hospital in Auchenflower, Brisbane involving initial trade on of hospital, monitoring of trading performance, creation of a data room to enable purchaser due diligence and negotiation of contractual terms. |
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| Turnaround and Restructuring Services |
Confidential Client |
Financial review of a retirement village developer and operator to assess the reasonableness of its projections, the business’ funding requirements and debt servicing capacity as well as its ability to fund ongoing development of its portfolio of its portfolio over the medium term. |
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| Turnaround and Restructuring Services |
Confidential Client |
Assessment of the viability of a multi-site medical centre operator including review of projected financial performance and the sensitivity of debt servicing capacity to changes in key drivers of those projections. |
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| Turnaround and Restructuring Services |
Confidential Client |
Business review of certain assets of a retirement village and nursing home operator on behalf of financier, focused on funding of new developments from operating cash flow. |
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| Turnaround and Restructuring Services |
Confidential Client |
Performance improvement and cost reduction advisory role to a prominent public hospital, resulting in a 10% reduction in operating expenses. |
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| Forensics |
Confidential Client |
Identification and quantification of agent fraud through analysis and trending of multiple data sources (Health Services - Funds). |
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| Forensics |
Confidential Client |
Expert Report providing financial analysis of the performance of surgeon’s practice and affiliates. |
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| Turnaround and Restructuring Services |
Confidential Due Diligence, Melbourne |
High level due diligence assessment of a private hospital for an interested party to determine initial expression of interest bid prior to selection of the short list of interested parties to participate in detailed due diligence. |
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| Turnaround and Restructuring Services |
Confidential Feasibility Study – Collocated Private Hospital |
Preparation of feasibility report to assess a mezzanine debt funding proposal for a capital city private hospital collocation. The report involved detailed assessment of the forecast financial performance of the proposed hospital and extensive sensitivity analysis to determine the adequacy of returns to the mezzanine debt provider. |
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| Turnaround and Restructuring Services |
Confidential Feasibility Study – Oncology Hospital |
Preparation of a feasibility study for a greenfield oncology hospital including assessment of the market for services and sensitivity analysis of the financial projections of the hospital. |
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| Turnaround and Restructuring Services |
Confidential Pre-Lending Review, Melbourne |
Review of lending application for funding to assist in expansion of theatre capacity of a leading orthopedic private hospital on behalf of the hospital’s financier. |
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| Turnaround and Restructuring Services |
Department of Health and Community Services Victoria |
Review of the financial viability and funding requirements of a public sector community health organization providing primary care and mental health services in the north western suburbs of Melbourne. |
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| Turnaround and Restructuring Services |
Diamond Valley Community Hospital, Melbourne |
Coordination of the data room for purchasers to conduct due diligence, conducting inspections for interested parties, facilitation of the provision of additional information to interested parties, preparation of reports to the Hospital Board regarding the progress of sale, coordination of the preparation of pro-forma sale contracts by the hospital’s solicitors, negotiation of offers and contractual terms including amendments to the pro-forma contract of sale and review of proposed adjustments and settlement statement on behalf of the Board prior to settlement.
This role also involved preparation of reports to the Hospital Board regarding the progress of sale and assessment of the commitment of interested parties to the guiding principals and articles of association pursuant to which the Hospital was formed. |
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| Turnaround and Restructuring Services |
Holy Spirit Hospital, Brisbane |
Assisted in the sale of the hospital including preparation of information memorandum, conduct of due diligence process, establishment of sale process protocols, review and amendment of sale contracts, negotiation of contractual terms with interested parties, assessment of financial and commercial terms of competing bids and management of post contractual matters. |
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| Corporate Recovery Services |
Kendaring Pty Ltd |
Receivership of partially completed aged care facility and two other aged care facilities. Negotiated with contractors and managed completion and sale of all facilities. |
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| Turnaround and Restructuring Services |
North West Health Care Network, Melbourne |
Provision of financial and commercial advice regarding the framework for market testing diagnostic services (pharmacy, pathology and radiology) at the North West Health Care Network which included the Royal Melbourne Hospital, Sunshine Hospital and Northern Hospital. This advice included preparation of request for tender, format of bids and comparison of tender terms and conditions. |
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| Corporate Recovery Services |
Peridon Scheme |
Appointed by the Court to investigate and facilitate transfer of retirement village business from an unregistered managed investment scheme to a legal managed investment scheme. |
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| Corporate Recovery Services |
Private Hospital |
Receivers and Managers of a private hospital in NSW, resulting in a sale of the property and business. |
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| Turnaround and Restructuring Services |
Publicly Listed Healthcare Operator, Melbourne |
Reviewed the financial projections on behalf of the company’s financier to assess the reasonableness of projections for its private hospitals and the capacity of management to implement measures to improve the financial performance of those hospitals to benchmark performance. |
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| Turnaround and Restructuring Services |
Queensland Health, Brisbane |
Reviewed financial projections prepared by Queensland Health on behalf of Queensland Treasury to assess the reasonableness of projections supporting Queensland Health’s offer to nurses as part of enterprise bargaining arrangements and cost to government of that offer. |
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| Turnaround and Restructuring Services |
Queensland Health, Brisbane |
Review of financial analysis prepared by Queensland Health and provision of commercial advice regarding negotiations between Queensland Health and the private operator of Robina Public Hospital, a public private partnership regarding funding of the hospital and options available to Queensland Health. |
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| Turnaround and Restructuring Services |
Royal Brisbane Hospital, Brisbane |
Review of the budget position of the Royal Brisbane Hospital and development of a framework for achieving short and long term cost savings required to offset funding shortfalls caused by the introduction of casemix funding in Queensland. |
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| Turnaround and Restructuring Services |
St Johns Hospital, Rockhampton |
Divestment of private hospital in Rockhampton, Queensland involving initial trade on of the hospital, monitoring of trading performance, wind down of trading operations, creation of a data room to enable purchaser due diligence and negotiation of contractual terms. |
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| Corporate Recovery Services |
Supported Residential Services |
Receivership of two Supported Residential Services facilities. Traded businesses whilst going concern sales negotiated. |
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| Corporate Recovery Services |
Viculus Group |
Receivership of an aged care facility in Melbourne with 60 bed licences (40 high care and 20 low care). Traded the facility as a going concern whilst a sale of business (including land and buildings) was conducted and completed shortly thereafter to an approved provider. |
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