As the long-term impacts of the COVID pandemic unfold, there will continue to be uncertainty and change in healthcare. Some healthcare industries and operators will be able to adjust and overcome while others will struggle. While BY&S has provided turnaround and workout services to its clients over the years, it has become an area where we expect to see more work and want to strengthen our offerings to better serve our clients. To this end, we are very pleased to announce that Marty Munson joined our firm as a Managing Director on May 1, 2021 to help BY&S grow its healthcare turnaround and workout products.
Marty has held numerous positions with both healthcare companies and healthcare lenders during his career and has an extensive background to draw upon. He started his career in public accounting, and held multiple financial positions including CFO, Controller, and Billing Manager at various healthcare providers. Marty then moved into healthcare lending with CIT where for approximately 10 years he helped grow a portfolio to $1.6 billion and was responsible for the underwriting, portfolio management, and field exam functions. Marty left CIT to start Watermark Advisory Group, a consulting and field exam firm that focused on the healthcare industry. He most recently worked for Wells Fargo Healthcare Finance managing their healthcare field exam group.
Duke Slaughter, Partner and Chief Credit Officer of BY&S stated, “We are very fortunate and excited to have Marty join the firm. I have known Marty for 20 years and have valued his expertise throughout that time. Marty’s experience as a financial executive on both sides of the table; healthcare executive and healthcare lender, brings a unique perspective as we expand our turnaround, workout and advisory services. We are also excited about the depth of knowledge Marty brings to our growing organization.”
Please feel free to reach out to Marty at mmunson@bys-hfc.com