Turnaround of an organisation providing nursing care, residential care and home care
The organisation is a provider of nursing, residential, home and day care. It was facing two urgent issues:
1) Intensified supervision by the Dutch health care inspectorate (IGZ) due to shortcomings regarding safety and quality.
2) heavy losses as a result of declining revenues and an increased cost base.
Beaufort has executed a far-reaching cost cutting program and a partial divestment of the organisation’s real estate portfolio to overcome the bridging period. These measures have resulted in cash and profit generating operations of the trimmed down organisation.
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