Phoenix Management Launches Healthcare Practice Group

December 2, 2009 – Phoenix Management Services has launched a healthcare practice group that will focus on financial and operational assessments; restructurings and turnarounds; mergers, acquisitions and divestitures; interim management and executive search for hospitals and hospital systems throughout the U.S. Phoenix's healthcare practice will be led by healthcare industry veterans Ken Doran and Will Moore, who have over 50 years of collective experience bringing financial and operational improvement services to nonprofit and for-profit healthcare organizations. The expansion will enable Phoenix to offer expertise to healthcare organizations throughout the U.S. in areas including strategic planning, board guidance, descriptive memorandum, identification of acquisition candidates, turnaround and crisis management, operational reviews and business assessments, post-transaction integration services, facility alternative use evaluation and executive placement. “Our goal is to bring the quality work Phoenix is known for into the healthcare sphere,” said James Fleet, Phoenix Management Services. “We aligned ourselves with an experienced team of professionals who have demonstrated measureable success in today's changing healthcare environment. Ken and Will have deep expertise in the healthcare industry and bring tremendous knowledge and relationships with C-level executives to our team. We have collaborated with them on numerous engagements and find their approach to be consistent and complementary to ours.” Phoenix Management Services is an operationally focused advisory firm, providing turnaround, crisis and interim management services to middle market companies in transition.

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