October 2025
More from this Issue
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Failure to Resuscitate: Why Planning Doesn’t Always Mean Success in Health Care Reorganizations
We are excited to introduce this issue of the Journal of Corporate Renewal, dedicated to the evolving and deeply complex landscape of health care -
An Annual Celebration of TMA’s Value
As we prepare to gather for the Annual in New Orleans, I am reminded again of what TMA does best—connect its members. And where do the majority of these -
Making Member Data Visible: FTI Consulting’s Volunteers Drive Innovation at TMA
Like many professional associations, the Turnaround Management Association has long recognized that data holds the key to better understanding its members. -
Quiet Workout or Public Filing?
As the acute effects of the COVID-19 pandemic fade, many health systems still face existential financial pressures. Labor shortages, inflationary cost -
Code Blue: Resuscitating Rural Health Systems Through Chapter 11
Rural hospitals represent critical access points in the United States’ health care infrastructure. With approximately one in three community hospitals -
Senior Living Facilities: The Complexities of the Opco/Propco Structure & Landlord-Tenant Issues
The health care industry continues to see high levels of distress. Health care bankruptcies rose 40% over historical averages during the fourth quarter of -
Biotechnology Company Bankruptcy Boom: Trends in the Industry
Biotechnology has long been categorized as an inherently boom-or-bust sector, but Chapter 11 bankruptcy filings by biotech firms and other entities making -
Bankruptcy as a Pathway to Priming HUD-Guaranteed Loans for SNFs
A recent decision by the Bankruptcy Court for the Eastern District of Missouri in the Midwest Christian Villages bankruptcy could have a significant impact -
The Changing Health Care Landscape
As a board member of a large health care system, I have witnessed profound changes in care delivery. One striking development is that selling hospitals, -
Saving Namco: How a Collaborative Article 9 Restructuring Became a TMA ‘Better Together’ Success
In 2023, Namco Pool & Spa was on the brink of financial failure— overleveraged, burdened by nonperforming leases, and facing a liquidity crisis. Bankruptcy -
Membership Matters
LEIGH GUGLIELMO Republic Business Credit—Senior Vice President, Business Development TMA Member: 14 Years Q What led to your decision to become a TMA -
The Soul of a City
PARTNER, KREBS FARLEY | TMA MEMBER: 4 YEARS Q How did you gravitate toward turnaround and restructuring work? LAURA ASHLEY I didn’t pick
Upcoming
2025 TMA Annual Conference
October 14-17, 2025
The Roosevelt Waldorf Astoria
New Orleans, LA