CARE HOME CASE STUDIES
Interim Management of several homes for an Administrator
Healthcare Solutions (HCMS) was invited by a major national insolvency firm to tender for the Management in Administration of 11 care homes with a wide geographical spread.
Operational and Financial review of a 12 care home group in the South West
On the instruction of a major bank Healthcare Solutions (HCMS) were instructed to carry out an appraisal of a 12 home group to determine whether the management had the capability to turn around a business that had been unable to meet it’s financial obligations to the bank and that was under creditor pressure from suppliers and HMR&C. The group had suffered closure by the care homes regulator of 2 homes.
A series of audits of individual care homes to identify any “red-flag” items and to develop a risk management profile for newly appointed Administrator
A partner at a major national insolvency practice was appointed Administrator to various small care homes in the South of England. It was felt that, although on the face of it there were no major causes for concern, both he and the bank would be reassured by an audit carried out by HCMS.
