Daily News: August 6, 2019

A&M Expands Healthcare Industry Practice with New Hires

Alvarez & Marsal (A&M) has expanded its Healthcare Industry Group with the appointment of managing directors Scott Hodson in New York and John Holiver in Boston and senior director Timothy Murphy in Chicago.

“The healthcare industry continually faces complexities of financial pressures as well as regulatory and operational challenges,” said Martin McGahan, managing director and head of the firm’s Healthcare Industry Group. “To help our clients meet today’s challenges and tap into opportunities, we have expanded our team with these highly experienced and accomplished professionals who will provide critical counsel and insights across different sectors of healthcare.”

Hodson has more than 35 years of experience specializing in quality management, clinical process improvement and patient throughput optimization. His expertise includes leading financial turnarounds and developing and implementing management strategies that resulted in the significant upgrading of clinical quality, patient experience and Medicare reimbursement. He has also developed strategies that reduce costs resulting from patients with hospital-acquired conditions. He joins A&M from Maverick Healthcare Consulting where he was a founding principal.

Holiver has held multiple leadership roles during his more than 25 years in the industry, including at an array of academic medical centers and several hospitals. He has led the transitions of an unprofitable system to profitability and developed clinical models that maximized profits and patient satisfaction. He joins A&M from Prospect Medical Holding where he was the chief executive officer.

Murphy brings more than 20 years of industry experience in financial improvement and growth strategies, including provider compensation plan design and implementation, physician and health system affiliation and alignment models, cost transformation and performance improvement execution, merger and acquisitions, business valuation and profit expansion strategies for underperforming private equity-owned and publicly-traded healthcare assets. He joins A&M from TriHealth where he served as chief financial officer of its 800-provider employed medical group.