Care Home Turnaround?
We offer a range of solutions:
- Interim management
- Full administrative accounting
- Operational management and support
- Book debt collections
- Improved operational profitability
- Improved business values
- Risk management and Quality Assurance
We have:
- Unequalled experience of working with Administrators
- The capacity to handle individual homes, small and large groups
- A dedicated team providing nationwide coverage
- A hands on senior management team with decades of experience to call on
- Excellent arrangements with suppliers and preferential pricing agreements
- A track record of adding significant business value for clients
How Care Home Turnaround can benefit from IMPaCT:
- De-risks the management of care homes in Administration
- Provides the ability to direct funds effectively
- Confirms compliance independently
- Action Plan gives visibility to progress in quality improvement
- Provides potential purchasers with clear information regarding compliance
- Assists in building the performance and value of the business
- Satisfaction for creditors that legal obligations are managed
- Part of the HCMS professional approach to care home management
Case Studies
A series of audits of individual care homes to identify any “red-flag” items and to develop a risk management profile for newly appointed Administrator
A partner at a major national insolvency practice was appointed Administrator to various small care homes in the South of England. It was felt that, although on the face of it there were no major causes for concern, both he and the bank would be reassured by an audit carried out by HCMS.
With just 48 hours notice a senior member of the HCMS team attended site at each location and carried out an audit of all major areas of each business including…
Interim Management of several homes for an Administrator
Healthcare Solutions (HCMS) was invited by a major national insolvency firm to tender for the Management in Administration of 11 care homes with a wide geographical spread.
The group had been struggling financially for some time and as a consequence the homes were suffering from irregular supplies, under-investment in the fabric of the buildings, poor relationships with the Care Quality Commission (“CQC”) and Local Authority contracting departments (“LA’s”) and, in certain cases, admissions embargoes were in force.
On appointment, HCMS mobilised it’s team of Regional managers and their field based teams to attend each home and the group’s head office…