The current financial environment portends continued tripping of bond covenants and defaults. Bond holders and insurers need to understand what these events mean and that an organization has an appropriate plan of correction.
Michael Loscalzo, Sr. Managing Director, Hunter Partners, LLC

Baseline to Transformational Services

Bond Default Correction

Bond Insurers need to know:

• Whether the situation is a short-term technical problem, or there is a longer term organizational performance problem.
• If there is a management plan of correction, is this plan likely to correct the problem.
• In the absence of a management plan, that a plan can be created in which they have a reasonable degree of confidence.

Healthcare Organizations need:

• A level of trust in the capabilities and objectivity of the firm they are encouraged by bond insures to engage.
• If they have a management plan of correction, verification of its efficacy or assistance in reworking the plan to achieve the desired correction.
• If no plan exists, qualified assistance in creating an acceptable plan of correction.

Hunter Partners provides a range of services from a 30-day fast review of an organization’s situation to determine whether a longer-term problem exists, to full development of a plan of correction and assistance in implementing that plan, if desired.