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Competing in the Healthcare Market to be Discussed at TMA Chicago/Midwest Forum - On January 13, the Chicago/Midwest chapter of the Turnaround Management Association (TMA) will host “The Prognosis for Healthcare” at the Standard Club, 320 S. Plymouth Court, and begin with a continental breakfast at 7:30 am
Competing in the Healthcare Market to be Discussed at TMA Chicago/Midwest Forum

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2011/12/19 - On January 13, the Chicago/Midwest chapter of the Turnaround Management Association (TMA) will host “The Prognosis for Healthcare” at the Standard Club, 320 S. Plymouth Court, and begin with a continental breakfast at 7:30 am.

   
 
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On January 13, the Chicago/Midwest chapter of the Turnaround Management Association will host “The Prognosis for Healthcare.” The program will take place at the Standard Club, 320 S. Plymouth Court, and begin with a continental breakfast at 7:30 am.

A panel of four experts will provide their insights and outlook on distressed investing, turnarounds and regulatory challenges as they pertain to the healthcare industry. Included in the discussion will be how the Affordable Care Act, other reforms, changes to Medicare reimbursements and regulations will affect providers, including the challenges and opportunities these create.

“As the healthcare industry undergoes unprecedented transformation, restructuring professionals are uniquely positioned to make a lasting impact on the shape of healthcare providers,” says Carl Lane, Willow Tree Consulting Group and president of TMA Chicago/Midwest. “We look forward to hearing our panel’s insights and advice on how to compete in the healthcare market.”

Participating in the panel are:

Suzanne Koenig, president and founder of SAK Management Services LLC, a nationally recognized long-term care management and healthcare consulting services company. Koenig provides a highly specialized combination of skills in the areas of operations improvement, staff development and quality assurance. She is the one of the most frequently court-appointed patient care ombudsman to medical facilities in the country.

Eric Lev, principal of Water Street Healthcare Partners, a strategic private equity firm focused exclusively on healthcare. Water Street invests in owner-operated middle-market companies and partners with large multinationals to carve out lower priority businesses. Water Street’s companies are leaders in key growth sectors within medical and diagnostic products, specialty distribution, life sciences and specialty healthcare services.

Mike Monticello, managing director at PrivateBank, a $13B bank headquartered in Chicago focusing on middle-market business. Mike works in the healthcare group, which is focused on senior housing, assisted living, skilled nursing and related ancillary businesses. PrivateBank provides both working capital and real estate finance for these asset classes, as well as treasury management services.

Andrew Turnbull, managing director and head of Houlihan Lokey’s Midwest Financial Restructuring Group. Since 1994 he has specialized in assisting companies, lenders, creditors and investors in financially distressed situations. Turnbull has worked in a variety of industries and over the last couple of years has been active in both the healthcare and real estate markets and led the sale of Forum Health, a three hospital system in Ohio.

Eric Hargan, partner at Greenberg Traurig will serve as moderator. Hargan focuses his practice on transactions, health care regulations and government relations. Previously, he served in the position of deputy secretary of the U.S. Department of Health and Human Services. He also served as regulatory policy officer of the department, overseeing the development and approval of all HHS, CMS and FDA regulations and significant guidance. At HHS, Eric oversaw all operations, including Medicare, Medicaid, and the regulation of food, drugs and medical devices, public health, welfare programs, medical research and other activities.

Cost to attend the event is $40 for members, $65 for non-members and $15 for students. To register, call 815-469-2935 or visit the website.

About TMA Chicago/Midwest

The Chicago/Midwest Chapter of The Turnaround Management Association (tmachicagomidwest.org) is the largest, fastest-growing chapter of the only international non-profit association dedicated to corporate renewal and turnaround management. Incorporated in 1991, the award-winning 1,000-member Chicago/Midwest Chapter is celebrating its 20th year of serving its community. Its active membership participates in more than 30 events annually, including educational workshops, networking programs, forums, and conferences. For more information about the organization and membership, 815.469.2935 or visit the website.

Established in 1988, the International TMA has more than 9,000 members in 40 chapters worldwide, including 28 in the US, two in Canada, and one in Australia, Finland, France, Germany, India, Japan, New Zealand, Southern Africa, Taiwan and the UK, as well as chapters forming in Hong Kong, Italy, Spain and Austria.

 
 
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Competing in the Healthcare Market to be Discussed at TMA Chicago/Midwest Forum

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Publisher Contact: Dyana Flanigan - FlaniganCom.com 
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