Doug is an accomplished healthcare professional with over 25 years of transaction advisory, business development and financial accounting experience. He is an experienced strategic advisor with demonstrated ability to direct non-routine, sensitive and complex transactions.
Doug’s focus is the design of optimal transaction structures that align with client developed strategic objectives and organizational goals. His work has primarily been in the general acute care hospital, post-acute care (rehabilitation hospitals and nursing homes) and ambulatory surgery center space.
Sub-Specialties:
- Strategic planning and plan implementation
- Strategic options analysis and affiliation advisory
- Operational performance improvement
- Post transaction advisory services
- Community foundation advisory services
- Distressed turnaround and work-out advisory
Professional Experience:
Acquisitions & Development, for Capella Healthcare. In this role, he was responsible for all activities pertaining to the development, structure and completion of general acute care hospital transactions (acquisitions and dispositions of acute care assets) including strategic market identification, proposal, presentation and negotiation of terms and conditions.
He has also held executive positions at Quorum Health Resources, Centerre Healthcare, Community Health Systems and Partners Healthcare. Doug spent the first 12 years of his professional career in the Audit, Assurance and Transaction Advisory Service at Arthur Andersen (Boston) and EY (Atlanta).
Professional Accomplishments:
Strategic Option Assessments – Performed Strategic Option Assessments for several independent community hospitals. The goal of these engagements is to determine the best strategy to preserve a community hospital’s vision and mission in a rapidly changing operating environment. These engagements assess the execution risks of remaining independent as well as the partnering risks associated with affiliation, and work to mitigate the risks of each.
Reverse Due Diligence – Provided reverse due diligence advisory and analysis for a $800M transaction between two regional not-for profit healthcare systems.
Skilled Nursing & Rehab Divestitures – Performed and presented a strategic assessment for a community owned skilled nursing and rehabilitation facility contemplating divestiture and joint venture operating proposals.
Transaction Advisory Services – Currently facilitating the solicitation and partner selection process for multiple community hospitals contemplating alignment and affiliation strategies.
National Asset Divestiture Program – Provided asset divestiture advisory to an investor owned acute care hospital company.