Healthcare Turnaround & Restructuring

When healthcare
organizations need
a steady hand.

Restoring Stability. Driving Recovery. ROSC Advisors partners with hospitals, health systems, and physician groups navigating financial and operational complexity.

$2B+
Debt restructured
25+
Engagements
C-Suite
Healthcare operators

Practical solutions for complex challenges

We bring deep healthcare sector expertise and hands-on operating experience to every engagement. Our advisors have worked alongside boards, management teams, and lenders to stabilize organizations and build durable recovery plans.

Financial Restructuring

Balance sheet optimization, debt restructuring, creditor negotiations, and liquidity management to restore financial health and operational flexibility.

Turnaround Management

Rapid assessment and execution of operational and financial turnaround plans, including interim management and performance improvement programs.

Interim Leadership

Experienced CFO, CLO, and CIO-level executives placed quickly to stabilize leadership, restore confidence, and drive decisive action in critical moments.

Strategic Advisory

M&A advisory, affiliation strategy, and transaction support for health systems evaluating partnerships, divestitures, or strategic alternatives.

Performance Improvement

Revenue cycle optimization, cost structure analysis, workforce alignment, and clinical operations improvement to drive sustainable margin recovery.

Lender & Board Advisory

Independent advice to lenders, bondholders, and boards on healthcare borrower situations, covenant compliance, and workout strategies.

A different kind of advisor.

We don't parachute in with generic playbooks. Our advisors have held operating roles inside healthcare organizations — which means we understand the human dynamics, the clinical sensitivities, and the stakeholder pressures that shape every situation.


That experience makes us faster, more credible, and more effective when it matters most.

100%
Healthcare focused

Built for the complexity of healthcare

ROSC Advisors was founded by healthcare operators and financial professionals who recognized that most restructuring firms lack the sector depth that healthcare situations demand.

We work alongside management teams, not above them — rolling up our sleeves to implement solutions, not just recommend them. Our engagements are hands-on, time-efficient, and results-driven.

Operator mindset
Financial rigor
Stakeholder trust
Mission alignment
Speed to impact
Discretion
Results

Proven outcomes across complex situations

Hospital System · Liquidity & Restructuring

Stabilizing a distressed hospital system on the brink

Managed liquidity for a distressed regional hospital system in crisis. Built borrowing base analyses for senior secured lenders, deep-dived revenue cycle to identify collection recovery opportunities, and set up a comprehensive data room for prospective acquirers.

$70M in new financing secured to stabilize operations and support the restructuring
Hospital System · Chapter 11

$341M in debt eliminated through Chapter 11 in 7 months

Guided a hospital system through one of the most complex healthcare bankruptcies in recent history — 21 filing entities, 24 objecting parties, 4 union CBAs, and a substantive consolidation confirmed by the court.

$341M liabilities eliminated · 1,200+ contracts restructured
Hospital System · Operational Turnaround

$76M EBITDAR improvement in under 12 months

Led the operational turnaround of a hospital system facing deepening losses. Restructured labor, consolidated shared services, renegotiated contracts, and rebuilt physician-level P&Ls to drive data-informed decisions.

58% YoY improvement in EBITDAR — losses reduced from $131M to $55M
Our team

Specialists who have done the work

Turnaround & Restructuring
Healthcare CFO / CRO

18+ years leading financial operations and restructurings across hospitals and health systems. Former CFO who guided a hospital system through Chapter 11 — raising a $70M DIP facility, eliminating $341M in liabilities, and reducing operating losses by $69M year-over-year.

Revenue Cycle
Healthcare Revenue Cycle Leader

25+ years leading revenue cycle operations across multi-site acute care systems. Expert in charge capture, coding accuracy, denial management, and AR recovery. Identifies and closes reimbursement gaps across Medicare, Medicaid, and commercial payors.

Legal Counsel
30+ Years Healthcare Law

Specializes exclusively in healthcare legal matters including physician contract negotiation, Chapter 11 filings, plan confirmation, lender negotiations, equipment and real estate lease restructuring, JV negotiations, payor settlements, and union agreements.

Human Resources
25+ Years Healthcare HR

Senior HR leadership across complex multi-site health systems. Expert in collective bargaining negotiations, WARN Act compliance, workforce reductions, and labor restructuring. Designs HR frameworks that survive and support operational turnarounds.

Supply Chain
20+ Years Healthcare Supply Chain

20+ years leading supply chain and procurement at large healthcare organizations. Specialist in consolidating vendor spend, renegotiating pricing agreements and GPO contracts, and eliminating supply chain redundancies to deliver rapid, tangible cost savings.

Audit / Compliance / IT
Healthcare Finance, Compliance & IT

25+ years of healthcare-specific audit, accounting, and compliance experience including CMS cost reporting and Medicare/Medicaid reimbursement. Paired with specialized IT advisory covering vendor rationalization, system consolidations, and reducing IT overhead.