Provides leadership and support to organisations seeking to better understand their financial drivers.
Uncover, analyse and clarify facts at the centre of disputes, frauds and other sensitive commercial matters.
Establish, manage, capitalise and co-invest in Australian direct and special situations.
Assists clients to grow, protect and recover value in their real estate portfolios.
Working with organisations to stabilise the business or to recover value on behalf of stakeholders.
We are Asia-Pacific’s trusted advisers in forensic, real estate, corporate advisory and restructuring.
KordaMentha staff are actively engaged in giving back to their communities.
Our reach is global with eight offices across Australia, Jakarta and Singapore.
Public health network transformation: the right medicine for recovery
KordaMentha was engaged to undertake a diagnostic review of South Australia’s largest public healthcare network, CALHN, a $2 billion organisation with five main hospitals.
The review uncovered a distressed organisation, facing systemic financial, operational and cultural issues. Forecasts indicated the funded position would be exceeded by $274 million.
The magnitude of the problem faced by the South Australian government and community was clear. In response, KordaMentha developed a three-year Organisational and Financial Recovery Plan and were engaged as State Administrators to implement. The plan was designed to reposition CALHN as a modern, high-functioning network, delivering sustainable care for the community.
High-performing staff from across CALHN were identified and seconded to each workstream to build engagement and leverage corporate knowledge within CALHN.
The Recovery Plan outlined five strategic objectives, targeting an end-to-end transformation of CALHN to:
Diagnose (two months) – A detailed diagnostic review to uncover and quantify systemic financial, operational and cultural issues.
Plan (two months) – Construction of a three-year implementation plan for CALHN’s Organisational and Financial Recovery Program.
Implement (14 months) – Aligned our delivery into four workstreams to stabilise the organisation and address key issues of:
21 October 2020
Neil Hayward has been appointed Partner in Sydney
Time to plan for a better outcome
20 October 2020
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