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MID-SOUTH COMMERCIAL LAW INSTITUTE FACULTY

SCOTT PHLLIPS

SCOTT PHLLIPS Scott Phillips is a Managing Director at Healthcare Management Partners, LLC (HMP). Scott has more than 30 years of healthcare industry management and consulting experience. Prior to founding HMP in 1997, he served as the President and Chief Executive Officer of a 636-bed academic medical center, as national partner and regional healthcare practice director for Touche Ross & Co. (now Deloitte), and as the Chief Financial Officer of a faith-based multihospital system operating 12 hospitals across seven states.

Scott has significant experience with government, tax-exempt, and investor-owned healthcare service providers. He understands the organization and delivery of high-quality health services, including the role of corporate and medical staff governance during difficult periods of transition. Scott has executive level experience with mergers, acquisitions, and turnaround situations, including restructuring in bankruptcy. In all of his many healthcare provider turnaround assignments, he has successfully designed and implemented plans that simultaneously added patient volume and revenues while conserving cash and reducing unit costs. He understands this approach builds on the organizations strengths and attracts the support of the local community including medical and nursing staff, which is essential for the long-term provision of quality healthcare services.

Over the past several years, Scott has served as the Chairman and CEO of an investor-owned healthcare provider with operations in 15 states and Chief Executive Officer of a publicly traded medical staffing company with more than 2,000 employees. Both turnaround assignments included crisis management of complex organizations in the early stages of high profile criminal and civil fraud investigations by multiple federal agencies.

Scott has expert knowledge of the bankruptcy process as well as its implications and obligations on an operating provider of healthcare services. He recently led the successful financial turnaround and Chapter 9 reorganization of a 179-bed county-owned hospital, and in 2016, he was appointed the Chief Restructuring Officer for a large hospital company in Chapter 11 bankruptcy, with a portfolio of five critical access hospitals, a billing and management company and a therapy services company. He has been the financial advisor to 18 tax-exempt continuing care retirement communities, with more than 20,000 residents in twelve states, which were affected by the bankruptcy and sale of Erickson Retirement Communities.

Scott has been the testifying expert, lead investigator, or arbitrator in a number of high-profile healthcare industry legal disputes.

Scott graduated from the University of Florida with a Bachelor of Science in Accounting. He is a Certified Public Accountant (inactive status) and member of numerous professional organizations.

 

 

 

 

 

 

 

 

 

 

 

 

 


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Mid-South Commercial Law Institute conducts Continuing Legal Education (CLE) seminars on commercial law and bankruptcy issues, held in Nashville, Tennessee.