We are healthcare turnaround specialists.
With a unique combination of knowledge and expertise, and a commitment to preserving the assets of an organization during a turnaround, restructuring or bankruptcy, SAK Healthcare specializes in advising distressed healthcare facilities that require strategic redirection and turnaround management services.
SAK Healthcare has over 300 years collective experience in the healthcare industry, having spent a large portion of that time in turnaround situations, rescuing troubled facilities while maintaining the highest levels of patient and resident care.
SAK concentrates on the day-to-day operational and clinical performance of the healthcare facility, from nursing supervision and training and dietary management to census development and facility maintenance, while also providing fiscal oversight and controls.
How We Help
Healthcare Workouts, Turnarounds & Restructuring
Healthcare Workouts, Turnarounds & Restructuring
Receivership, Fiduciary & Bankruptcy Services
Receivership, Fiduciary & Bankruptcy Services
Healthcare Facility Assessments & Consulting
Healthcare Facility Assessments & Consulting
Patient Care Ombudsman (PCO)
Patient Care Ombudsman (PCO)
Healthcare Receivables & Reimbursement Collection
Healthcare Receivables & Reimbursement Collection
Third Party Healthcare Facility Management & Training
Third Party Healthcare Facility Management & Training
Healthcare Regulatory Compliance
Healthcare Regulatory Compliance
Healthcare Expert Witness
Healthcare Expert Witness
SAK Healthcare by the Numbers
Billion Dollars in Healthcare Transactions
Number of Healthcare facilities worked in
Beds Managed in the Last Two Years
States Operated In
Cumulative Years In the Industry by Key Team Members
Where SAK Healthcare is Active
We Get Results
Transitional Rehabilitation Facility
SAK Healthcare provided receivership, turnaround management and transaction services for a $7.5 Million revenue, New Mexico-based transitional rehabilitation facility. What made this engagement particularly interesting? The facility was rarely more than 50% full, and often less than 20% full in its first year of operations, and was therefore unable to make lease payments. How SAK […]
Champaign County Nursing Facility
SAK Healthcare provided award-winning management turnaround and transaction services for a $12 Million revenue, Illinois-based publicly-owned skilled nursing facility. What made this engagement particularly interesting? The facility could not make payroll without help from the county board, but voters opted not to provide any further subsidy, instead authorizing the board to pursue a sale. How […]
Latest News
Suzanne Koenig Inducted into IWIRC’s Women of Restructuring Hall of Fame
SAK Healthcare is excited to share that Suzanne Koenig, CEO and Founder, was inducted into the International Women’s Insolvency & Restructuring Confederation’s Women of Restructuring Hall of Fame. Ms. Koenig received this prestigious award at IWIRC’s 19th Annual...
Suzanne Koenig Receives 2022 NYIC Women’s Division Renaissance Award
On February 15, 2022, the New York Institute of Credit (NYIC) Women's Division Committee presented Suzanne Koenig of SAK Healthcare the Renaissance Award. The NYIC Women’s Division Renaissance Award recognizes discovery and exploration in the ever-changing business...
Jennifer Meyerowitz Receives 2020 TMA Individual Award
The Turnaround Management Association (TMA) is thrilled to announce the winners of the 2020 Individual Awards. These awards recognize three members that have gone above and beyond for TMA, demonstrating that the TMA community is truly #BetterTogether. The 2020...