Furtek & Associates
Furtek & Associates specializes in providing strategic advisory services in mergers & acquisitions, performance improvement, and restructuring. Their expertise includes financial and revenue cycle due diligence, operational, clinical, and compliance assessments, restructuring and turnaround management, and quality of earnings reports for lenders and private equity investors. The company is committed to delivering strategic solutions to healthcare organizations and other clients.
Industries
Nr. of Employees
small (1-50)
Furtek & Associates
Malvern, Pennsylvania, United States, North America
Services
Advisory services for buy-side and sell-side healthcare transactions including transaction structuring, buyer/seller representation and asset sale support.
Financial, revenue-cycle and quality-of-earnings analyses for investors and lenders to assess historical performance and risk.
Operational and financial restructuring, Chief Restructuring Officer placements, loan workout and bankruptcy advisory, including committee financial advisor roles.
Provision of interim leaders and management oversight for finance, billing and clinical functions during transitions or remediation.
Comprehensive reviews of operational performance, clinical quality, documentation and regulatory compliance with recommended remediation plans.
Assessment and redesign of billing workflows, training, and system implementation support to improve reimbursement and reduce denials.
Advisory services for buy-side and sell-side healthcare transactions including transaction structuring, buyer/seller representation and asset sale support.
Financial, revenue-cycle and quality-of-earnings analyses for investors and lenders to assess historical performance and risk.
Operational and financial restructuring, Chief Restructuring Officer placements, loan workout and bankruptcy advisory, including committee financial advisor roles.
Provision of interim leaders and management oversight for finance, billing and clinical functions during transitions or remediation.
Comprehensive reviews of operational performance, clinical quality, documentation and regulatory compliance with recommended remediation plans.
Assessment and redesign of billing workflows, training, and system implementation support to improve reimbursement and reduce denials.
Expertise Areas
- Mergers and acquisitions
- Restructuring and turnaround management
- Revenue cycle management
- Clinical operations and documentation
Key Technologies
- Revenue cycle analytics
- Clinical documentation improvement (CDI)
- Medical coding (including OASIS)
- Quality of earnings analysis
News & Updates
Financial Advisor to the Official Committee of Unsecured Creditors and Trustee in a bankruptcy case
Provided financial advisory services during bankruptcy proceedings.
Business restructuring and confirmation of a plan of reorganization in a $100M+ Chapter 11 bankruptcy case
Led restructuring efforts and confirmed reorganization plan.
Settlements with federal and state agencies including the IRS, Centers for Medicare and Medicaid Services, and the Office of Inspector General
Negotiated and settled disputes with government agencies.
Resolution of disputes through negotiation, arbitration and litigation
Resolved various disputes through alternative dispute resolution methods.
Corporate wind-down and dissolution
Managed corporate wind-down processes and dissolution.
Financial Advisor to the Official Committee of Unsecured Creditors and Trustee in a bankruptcy case
Provided financial advisory services during bankruptcy proceedings.
Business restructuring and confirmation of a plan of reorganization in a $100M+ Chapter 11 bankruptcy case
Led restructuring efforts and confirmed reorganization plan.
Settlements with federal and state agencies including the IRS, Centers for Medicare and Medicaid Services, and the Office of Inspector General
Negotiated and settled disputes with government agencies.
Resolution of disputes through negotiation, arbitration and litigation
Resolved various disputes through alternative dispute resolution methods.
Corporate wind-down and dissolution
Managed corporate wind-down processes and dissolution.