Message from the Receiver

 

February 16, 2017

Re:    Oxton Senior Living, LLC Receivership (Case 2_17-cv-00393-ES-SCM)

Dear interested party:

As you may be aware, Healthcare Management Partners, LLC (“HMP”) and I have been appointed as receiver (the “Receiver”) over 8 assisted living facilities (“the Facilities”) across the states of Georgia and Alabama.  As the Receiver, the Court has charged me with controlling and administering the Facilities; in other words, I am now responsible for overseeing the entire operation of these assisted living facilities.

I have twenty-six years of experience in the healthcare industry and have served as a hospital CFO, a nursing home CFO, a chief restructuring officer (“CRO”) of an assisted living facility, director of reimbursement, Medicare auditor, Medicare cost report preparer, forensic accountant, compliance consultant, financial auditor, and financial advisor.  I have also previously served as a court-appointed examiner over a nursing home, a court-appointed chapter 11 trustee over a nursing home, and a receiver over numerous nursing homes.  As a result, federal and state courts in Georgia, Tennessee, and Alabama have reviewed my qualifications and determined that I am qualified to control and administer healthcare facilities under the supervision of the respective court.  Since 2006, I have served as a Managing Director of HMP.  HMP is a turnaround and consulting firm that specializes in assisting healthcare organizations experiencing current, or anticipated, financial challenges navigate their way to positive outcomes.  HMP’s executives have led organizations of all kinds across the continuum of care.  You can learn more about me and HMP at www.hcmpllc.com.

Over the past few months, I have had the pleasure of meeting and visiting with several employees and residents to hear first-hand the things that are important to them.  I have also met with the Facilities’ administrative staff and have full confidence in their ability to maintain a high level of care for the residents of their Facilities and to operate their respective Facilities responsibly with efficiency and integrity.

If you have any questions, I may be via email at oxton.receivership@hcmpllc.com

Very truly yours,

Derek Pierce