ATLANTA, GA (December 21, 2010) - Thawer Ashcroft Crowne & Co. announced today that it has Launched a private special purpose acquisition company, Life Ventures Series I with a $250M collateralized investment security, where the shareholders’ interest is secured with a default-proof, collateral- backed portfolio of funded assets with face values equal to or exceeding the total amount invested in Life Ventures Series I. Life Ventures Series I will be acquiring limited interests in healthcare startup companies with investments ranging from $1M to $4M per venture.
Rahim Thawer, Thawer Ashcroft Crowne & Company’s Managing Member said “We are delighted in enhancing human lives through our partnerships and alliances with flexible capital into outstanding ventures through conceptualization, innovation and implementation. It is Thawer Ashcroft Crowne & Co’s initiative to support innovation in the healthcare related ventures for the betterment of the human race and introduce new concepts and ideas. This partnership will yield strong capital structures for all the parties involved and further enhance its unprecedented and innovative models.” Life Ventures Series I will invest in startup companies that are in healthcare, medical, pharmaceuticals, biotechnology, etc as early as January 2011.
Thawer Ashcroft Crowne & Co.’s innovative and intricate financial investment models play an influential part in acquiring capital for various industries through its nonconventional yet solid strategies, which entail offering an investment security via full collateralization of distinct asset classes. Thawer Ashcroft Crowne & Co is a pioneer in offering such security to all parties engaged, yielding favorable results.
Thawer Ashcroft Crown & Co. Contact:
Sara Thawer, Public Relations
pr@thawerco.com
Showing posts with label healthcare reform. Show all posts
Showing posts with label healthcare reform. Show all posts
Tuesday, December 21, 2010
Tuesday, September 15, 2009
Hospitals on Life Support?
Waterbury Financial Strategies Inc CEO / Founder Rahim Thawer post this week “Hospitals on Life Support?”
As we are in the midst of a financial meltdown, contemplating bank failures same activity is happening in many of these hospitals behind closed doors. Hospitals can be cash cows; however the model that has been adapted by most of these entities is no longer valid and cannot comprehend the pressure and burden caused by many external factors.
There are a number of internal factors that contribute to the disarray; high government regulations, prohibitions against direct assignment of Medicaid and Medicaid reimbursements, high accounts receivables, reimbursement determination, etc. These are just a few to mention that are playing a vital role in these organizations and there is a failure to form new strategies and new models to run them efficiently for the benefit of the community as a whole.
As the American Hospitals wait for its fate in regards to healthcare reform, the matter will get worse and not necessarily better. Healthcare spending was projected to be at $2.4 trillion in 2008 and it is constantly climbing. Could this very well be a ticking time bomb? Yes, it is. This will create another financial chaos in the marketplace and it will be worse than ever before. As the unemployment figures rise, many of the unemployed individuals are now turning to their state funded programs for help and it just adds more burden to the healthcare system.
The time is now to reform and restructuring these entities. I recently had a conversation with Dr. Wesley MD, PhD who is one of our senior consultants at Waterbury Financial Strategies Inc. Having worked with over 100 medical centers globally, his thoughts where parallel to mine that the worse is coming and we need to prepare ourselves and play the same game but change the rules. He has worked with hospitals for over 40 years in various parts of the world and has perfected a model that can be utilized in any hospital, in any economic cycle.
My Thoughts: Get some professional help to turn things around for you organization and enjoy the fruit when it is all done. It is not a one man’s job to pull out of this recession, it is a team effort and together we work for a common goal. So, let’s do it!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
As we are in the midst of a financial meltdown, contemplating bank failures same activity is happening in many of these hospitals behind closed doors. Hospitals can be cash cows; however the model that has been adapted by most of these entities is no longer valid and cannot comprehend the pressure and burden caused by many external factors.
There are a number of internal factors that contribute to the disarray; high government regulations, prohibitions against direct assignment of Medicaid and Medicaid reimbursements, high accounts receivables, reimbursement determination, etc. These are just a few to mention that are playing a vital role in these organizations and there is a failure to form new strategies and new models to run them efficiently for the benefit of the community as a whole.
As the American Hospitals wait for its fate in regards to healthcare reform, the matter will get worse and not necessarily better. Healthcare spending was projected to be at $2.4 trillion in 2008 and it is constantly climbing. Could this very well be a ticking time bomb? Yes, it is. This will create another financial chaos in the marketplace and it will be worse than ever before. As the unemployment figures rise, many of the unemployed individuals are now turning to their state funded programs for help and it just adds more burden to the healthcare system.
The time is now to reform and restructuring these entities. I recently had a conversation with Dr. Wesley MD, PhD who is one of our senior consultants at Waterbury Financial Strategies Inc. Having worked with over 100 medical centers globally, his thoughts where parallel to mine that the worse is coming and we need to prepare ourselves and play the same game but change the rules. He has worked with hospitals for over 40 years in various parts of the world and has perfected a model that can be utilized in any hospital, in any economic cycle.
My Thoughts: Get some professional help to turn things around for you organization and enjoy the fruit when it is all done. It is not a one man’s job to pull out of this recession, it is a team effort and together we work for a common goal. So, let’s do it!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
Saturday, September 5, 2009
American Hospitals: Bleeding Money Profusely?
Waterbury Financial Strategies Inc CEO / Founder Rahim Thawer post this week “ American Hospitals: Bleeding Money Profusely?”
American Hospitals are commanded no different than some of the major airlines, a revamp of the overall system is not only integral but a Must! A total mindset is conclusive for the executives of these hospitals to survive this ride as the rules of the engagements have changed and the Health Care Reform will take place one way or the other. At least we hope! There is no doubt whether we need a healthcare reform, we absolutely do! The question is, how is it structured? Are the Americans benefiting regardless of their race, creed, age, sex? Where do these hospitals stand?
The Reform will impact the bottom line of these hospitals in a brimming way. Hospitals have been losing money for many years, this is no new scoop. However, we are facing more critical times where the government is about to pull the plug on some of these hospitals through various channels. Hospitals are mismanaging their funds and there is a very high expense ratio and upon auditing some of these hospitals we have found savings of over 22% in some cases that goes directly to their bottom line. This figure can be looked at as 22% of increased revenue.
A number of hospitals are run by executives who are in their golden years, have old ways of doing things, and are very reluctant to adopt to changes that are for the betterment of not only their hospitals but the community in general. I was astounded when I saw how some of these hospitals are spending money. Money is being bled in almost every department in these hospitals and there is no sense of accountability from top down. As Board of Directors to these hospitals it is your moral responsibility to take charge of the financials and run the hospitals as an entity that belongs to you. Most of these executives demand a high six figure paying salary and when their ship sinks, guess what, they are the first one to abandon it and jump to another ship! If you are getting six figure income, you better deliver six figure kind of results.
My Thoughts: Board of Directors, you don’t have much time to turn around this eighteen wheeler overnight. Your driver has fallen asleep on the wheel, and before you deprive your community with proper healthcare at reasonable cost, I urge you to take some time and learn how to read financials of the hospital or get some professional in there to help you with the turnaround. Swallow your pride, leave you ego at the country club, leave you emotions at home, simply bring your talents and passion to work. We will be waiting for you at the door.
So Do it! Save your Communities. Do it for little Joshua who needs a surgery!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
American Hospitals are commanded no different than some of the major airlines, a revamp of the overall system is not only integral but a Must! A total mindset is conclusive for the executives of these hospitals to survive this ride as the rules of the engagements have changed and the Health Care Reform will take place one way or the other. At least we hope! There is no doubt whether we need a healthcare reform, we absolutely do! The question is, how is it structured? Are the Americans benefiting regardless of their race, creed, age, sex? Where do these hospitals stand?
The Reform will impact the bottom line of these hospitals in a brimming way. Hospitals have been losing money for many years, this is no new scoop. However, we are facing more critical times where the government is about to pull the plug on some of these hospitals through various channels. Hospitals are mismanaging their funds and there is a very high expense ratio and upon auditing some of these hospitals we have found savings of over 22% in some cases that goes directly to their bottom line. This figure can be looked at as 22% of increased revenue.
A number of hospitals are run by executives who are in their golden years, have old ways of doing things, and are very reluctant to adopt to changes that are for the betterment of not only their hospitals but the community in general. I was astounded when I saw how some of these hospitals are spending money. Money is being bled in almost every department in these hospitals and there is no sense of accountability from top down. As Board of Directors to these hospitals it is your moral responsibility to take charge of the financials and run the hospitals as an entity that belongs to you. Most of these executives demand a high six figure paying salary and when their ship sinks, guess what, they are the first one to abandon it and jump to another ship! If you are getting six figure income, you better deliver six figure kind of results.
My Thoughts: Board of Directors, you don’t have much time to turn around this eighteen wheeler overnight. Your driver has fallen asleep on the wheel, and before you deprive your community with proper healthcare at reasonable cost, I urge you to take some time and learn how to read financials of the hospital or get some professional in there to help you with the turnaround. Swallow your pride, leave you ego at the country club, leave you emotions at home, simply bring your talents and passion to work. We will be waiting for you at the door.
So Do it! Save your Communities. Do it for little Joshua who needs a surgery!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
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