bradley associates spain: Waud Capital Partners Hires Three

bradley associates spain: Waud Capital Partners Hires Three: Chicago-based mid-market private equity firm Waud Capital Partners has appointed Patrisha Carlson as a senior associate and Bradley Eckma...

bradley associates spain: Waud Capital Partners Hires Three

bradley associates spain: Waud Capital Partners Hires Three: Chicago-based mid-market private equity firm Waud Capital Partners has appointed Patrisha Carlson as a senior associate and Bradley Eckma...

Waud Capital Partners Hires Three

Chicago-based mid-market private equity firm Waud Capital Partners has appointed Patrisha Carlson as a senior associate and Bradley Eckmann and Jeffrey Goodman as associates.
PRESS RELEASE
Waud Capital Partners (“WCP”) is pleased to announce that Patrisha Carlson has joined the firm as a Senior Associate and Bradley Eckmann and Jeffrey Goodman have joined as Associates.
Ms. Carlson was previously in the Healthcare investment banking group of William Blair in Chicago, and was most recently a Harvard Business School Leadership Fellow with Partners In Health, a healthcare-focused not-for-profit organization. Ms. Carlson holds an M.B.A. from Harvard Business School and a B.S., with high distinction, in finance from Indiana University.
Mr. Eckmann was most recently in the investment banking group of Morgan Stanley in New York and Chicago, where he worked on mergers, acquisitions and debt and equity financings. Mr. Eckmann holds a B.S., with honors, in finance and accounting from Indiana University.
Mr. Goodman was most recently in the Mergers & Acquisitions investment banking group of Bank of America Merrill Lynch in New York, where he worked on a variety of transactions across several industries. Mr. Goodman holds an A.B., cum laude, in economics from Harvard University.
Reeve Waud, Founder and Managing Partner of WCP, noted, “We are excited to have Trish, Brad and Jeff join our team. They will work closely with our senior investment professionals on new investment opportunities and within our current portfolio.”

bradley associates spain: Bradley Healthcare gets favorable audit

bradley associates spain: Bradley Healthcare gets favorable audit: BILL MATHENEY, center, of Matheney Stees and Associates, discusses the 2010 audit for the Bradley Healthcare Rehabilitation Center after Tue...

Bradley Healthcare gets favorable audit

BILL MATHENEY, center, of Matheney Stees and Associates, discusses the 2010 audit for the Bradley Healthcare Rehabilitation Center after Tuesday afternoon’s board meeting. Discussing the numbers are, from left, business office manager Becky Crabtree, comptroller and human resources director Sandy Brock, Matheney, board chairman Dr. John Stanberry and BHRC administrator Joseph Newcomb. Banner photo, LARRY C. BOWERS

The board of trustees and administrators of the Bradley Healthcare and Rehabilitation Center are basking in the glow of a very positive audit for 2010, perhaps the most positive audit in the history of the county’s nonprofit nursing home.

Bill Matheney of Matheney Stees and Associates presented the audit to the BHRC board at Tuesday’s monthly meeting, emphasizing the professional management of the board and administration.

One of the most positive factors was the facility’s Z score, which determines when a facility may be at risk or is free of risk.

Matheney said a nursing home with a 2.8 score would probably face little risk of the possibility of bankruptcy, while a facility with a 1 to 1.5 rating could be at a high risk.

“You’re at 9.5!” the accountant then told the board. Matheney later said this score is probably in the top 10 percent of similar facilities in the Southeastern U.S.

The auditor also said BHRC also comes out very well in evaluations of nursing homes nationwide. “You’re in very good shape,” he told the board and management.

BHRC comptroller Sandy Brock, who has been with BHRC through its ups and downs over the past 16 years, said this audit is not an overnight achievement. “We’ve been improving every year for the past eight to 10 years,” she said. “We’ve become like a family.”


Read more: Cleveland Daily Banner - Bradley Healthcare gets favorable audit