Cuts to care budgets, a shortage of skilled staff, rising operating costs: the economic conditions in the health and care sector are tightening noticeably.
Care facilities, hospitals and social providers are under growing structural and financial pressure. At the same time, requirements for quality, transparency and investment are rising, often without adequate refinancing. For many providers, room for manoeuvre is becoming ever narrower.
The Worstbrock-Group supports facilities and providers in the healthcare sector through economically strained situations, with a structured, feasible and financeable restructuring approach. Whether Eigenverwaltung (debtor-in-possession management under Sections 270 et seq. of the German Insolvency Code), out-of-court restructuring or strategic realignment: we create stability, preserve the trust of payers, employees and partners, and ensure that social infrastructure is retained.
Immediate assistance and crisis management
- Rapid assessment with a quick check and liquidity analysis
- Measures to stabilise the ability to pay
- Preparation and support of insolvency filings
- Communication with banks, creditors, social assistance bodies and health insurers
Restructuring & turnaround
- Preparation of restructuring concepts in accordance with IDW S 6 (the German standard for restructuring concepts issued by the Institute of Public Auditors) for shareholders and financing partners
- Support with Eigenverwaltung proceedings under the ESUG, the German act facilitating the restructuring of companies, including operational management
- Interim management to bridge staffing shortfalls
- Development of viable concepts for continuing operations that take account of staff, service structure and occupancy rate
Securing the future & strategy
- Restructuring proceedings under the StaRUG (the German Act on the Stabilisation and Restructuring Framework for Businesses) in the event of imminent illiquidity
- Strategic realignment in the case of permanent deficits or structural problems
- Support with changes of provider, transfers of operations and M&A processes
- Advice on process optimisation and sustainable staff retention
Whether care facility, hospital or provider, we know the legal, financial and operational particularities of the sector. Our team develops solutions that last even under staff shortages, cost pressure and growing regulation, and that secure continued existence.
Act before the economic pressure becomes irreversible.
We support you in stabilising your facility on a lasting basis: practical, focused and with a long-term view.
