Financial Turnaround

Financial struggles are often accompanied by operational turmoil, leadership voids, creditor pressures, and lack of credibility. PYA addresses all of these needs for our clients that are experiencing severe financial pressure and are attempting to avoid bankruptcy. As senior creditors tighten, management often has difficulties reorganizing debt due to limited resources and sometimes inflexible creditors. Having the expertise of PYA during these times often gives creditors comfort while we address the underlying issues that have led to the poor financial status of our client. Our strength in accounting coupled with broad financial and operational services in the healthcare market have allowed us to negotiate very difficult turnarounds that ultimately resulted in renewed, healthy companies continuing their mission. If your organization is facing the pressures of a financial turnaround, please call the professionals at PYA to discuss how we can be of service.

Services Offered:

• Cash Management
• Review of Internal and Operational Controls
• Strategic Turnaround Planning
• Board Education and Relationships
• Interim Financial Management
• Evaluation of Bankruptcy Protection