Health Care Gets Checkup at TMA Webinar

Friday, June 4, 2010 General News
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CHICAGO, June 4 /PRNewswire-USNewswire/ -- Plenty ails health care providers, from reimbursement shortfalls and regulatory

hurdles, to constrained access to capital and marketplace flux. The industry itself and businesses that provide health care insurance also are gauging the implications of the Patient Protection and Affordable Care Act - that is, health care reform.

Experts

weigh in on those issues during the next Turnaround Management Association webinar, "The Health Care Industry: Financial Distress, Solutions, Trends," on Tuesday, June 8, from noon to 1 p.m. Eastern.

The discussion will cover:

-- Business reorganization solutions in Chapter 11 or out of court

-- Health care industry trends

-- Potential consequences of the health care reform law

Speakers include:

-- Martin G. Bunin, partner, Alston + Bird LLP, New York. Bunin has represented creditors' committees in Chapter 11 cases filed by hospitals and health care businesses, Chapter 11 debtors in transportation and service businesses, and energy companies undergoing workouts and restructurings.

-- Suzanne Koenig, president and founder, SAK Management Services LLC, Chicago. Koenig specializes in operations improvement, staff development and quality assurance, marketing and census development within senior housing and the long-term-care industry. She also has advised clients involved in bankruptcy and business restructuring matters.

-- David A. Rock, managing partner, Carl Marks Healthcare Partners LLC, New York. Rock's 25 years of industry experience include an early career as a staff nurse before he climbed management ranks. He was director of health care consulting at Huron Consulting Group, where he led operational improvements for large health care systems; and a vice president at OMSolutions for Owens & Minor, Inc., a medical supply distributor.

-- Andrew Turnbull, managing director, Houlihan Lokey, Chicago. Turnbull concentrates on helping companies, lenders, creditors and investors with financially distressed situations. He has helped clients raise various forms of debt financing, negotiated the restructuring of private and public securities both in Chapter 11 and out of court, and participated in the acquisition and sale of various businesses in distressed situations.

With international headquarters in Chicago, TMA (www.turnaround.org) has more than 9,000 members including turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

SOURCE Turnaround Management Association



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