By Jim Porter & Chuck Salvo, Managing Directors, TONEYKORF PARTNERS LLC
During the summer of 2021, the United States began to tentatively emerge from the COVID-19 pandemic, a dynamic that was supported thanks to hospitals nationwide benefiting from payments received in accordance with the Coronavirus Aid, Relief, and Economic Security (CARES) Act. As of April 2021,...
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Chuck Salvo is a managing director of ToneyKorf Partners LLC and has 25 years of experience working in global advisory firms and in health system leadership. Most recently, he served as the SVP for a large health system, where he successfully created an integrated physician organization that aligned more than 500 physicians. Salvo also managed multiple debt restructuring and credit enhancement projects, generating more than $1 billion in new financing during his career. He can be reached at firstname.lastname@example.org.
Jim Porter is a managing director of ToneyKorf Partners LLC and has more than 25 years of experience as a trusted restructuring professional. He recently worked on the restructuring of a critical access hospital, where he was responsible for the identification and rapid implementation of finance and operations initiatives that allowed the organization to avoid bankruptcy and integrate with a broader system. This work continued through the COVID-19 pandemic. Porter is currently president of TMA Carolinas. He can be reached at email@example.com.