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Manfred has extensive experience providing financial and valuation consulting in a myriad of healthcare sectors. He performs valuations for mergers and acquisitions fairness opinions and bankruptcies and serves as a financial consultant to healthcare companies interested in establishing values for acquisitions and divestitures.
Professional Experience
Prior to joining Huron Manfred was a Principal at Wellspring Valuation now a Huron Consulting Group Practice. Previously he served as Vice President in the Financial Consulting and Valuation Group at CBIZ/Valuation Counselors. Before that Manfred was a consultant at PriceWaterhouseCoopers working in the litigation assistance and valuation group specializing in the healthcare industry.
Manfred has consulted healthcare facilities with exploring options to expand market share with minimal capital outlays. Additionally he has served as financial advisor to numerous public and private healthcare companies on a broad range of financial issues including financial investigations cash flow forecasting and debt and equity restructurings.
Representative examples of Manfred's engagement experience include:
Provided financial advisory and fairness opinion services to a $1B not-for-profit managed care plan in the northeast including assisting management and attorneys articulate and quantify a regulatory compliant consulting and turnaround agreement equivalent to the plan's total value.
Provided financial advisory and valuation services to a major southern not-for-profit health system in connection with the expansion of its outpatient surgical operations including significant due diligence advisory equity buy-in agreement restructuring recommendations and the provision of a valuation opinion for regulatory compliance purposes. The system then secured their market share in a competitive area and obtained equity interest in a leading surgical facility.
Led a team through the acquisition of a $100M revenue medical practice. Services included due diligence financial advisory on the physician practice and ancillary business operations negotiating valuation parameters and values with opposing valuation consultants and third party compliant valuation opinions on the acquired assets.
Assisted a publicly traded ambulatory surgery company with physician syndication and business development initiatives. Services included helping management provide regulatory compliant minority surgery center equity buy-in models for participating physician investors. Overall results led to more than thirty surgery center syndications and expansion of the company through physician consolidation.
Performed a syndication of three hospitals for a publicly traded health system. He provided a regulatory compliant opinion of value for physician buy-in rigorous due diligence and financial advisory. Net result was a successful strategic initiative consolidating physicians and strengthening position.
Education & Certifications
Master of Business Administration University of Chicago Graduate School of Business
Bachelor of Science Cum Laude Finance and Economics Babson College
Professional Associations
Member Healthcare Financial Management Association
Civic Involvement
Member Union League Club of Chicago
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