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…
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…
Latest News
Watchdog Warns of Nursing Gap at Good Sam as Brockton Hospital Reopens. Impact on Patients
this article first appeared July 23, 2004 in The Enterprise BROCKTON — A court-appointed watchdog warned of "nursing gaps" at Good Samaritan Medical Center as Brockton Hospital employees return to that facility. When Steward Health Care declared bankruptcy...
Patient care advocate: Steward hospitals face staffing challenges and broken equipment
this article first appeared July 23,2024 in The Boston Globe St. Anne’s Hospital is among Steward's Massachusetts facilities.© John Tlumacki/Globe Staff A court-appointed patient care advocate found staffing challenges and broken equipment at Steward Health Care’s...
Steward Health Care report: No staff or supply shortages at Saint Anne’s Hospital
this article originally appeared in The Herald News, July 23, 2024 FALL RIVER — A court-appointed watchdog evaluating Steward Health Care hospitals for safety and patient care found no “areas of concern” during a recent visit to Saint Anne’s Hospital other than minor...