Joseph P. Manory

Senior Director
30+ years as a strategic financial and operating executive
Specializes in helping boards and managements at private, public and not-for-profit corporations with specials situations, delivering value through operational improvement and structuring financial and strategic transactions
Joseph P. Manory | HIG
New York
@alvarezmarsal
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Joe Manory is a Senior Director with Alvarez & Marsal’s Healthcare Industry Group in New York. He is a strategic financial and operating executive with more than 30 years of experience enabling profitable growth and value creation. Mr. Manory assists boards and managements at private, public and not-for-profit corporations with special situations, including spin-offs, roll-ups, turnarounds and transformations, through operational improvement and structuring financial and strategic transactions.

Most recently at A&M, Mr. Manory has been advising a national teleradiology and physician practice by identifying and supporting performance improvement opportunities in reimbursement, physician management, organizational structure and technology strategy.

Mr. Manory’s previous notable assignments include interim CFO for a national telemedicine company, where he developed a turnaround plan, secured financing and reduced losses by 90 percent, positioning it for profitable growth. In another project, he grew EBITDA 4x for a behavioral health, addiction and disability services company through increased clinical productivity, staff incentives and expense rationalization. Mr. Manory delivered a competitive intelligence assessment of potentially disruptive diagnostic technology. He also negotiated favorable results to complex challenges and disputes involving tax, unions and construction, and completed numerous strategic and financing transactions.    

In addition, Mr. Manory delivered financing, acquisitions and integrations contributing to the creation of a leading national laboratory and a 10x market value improvement. He planned and delivered public filings, investor and rating agency presentations. Mr. Manory identified and transformed billing operations to collect consumer payments, expanding revenue by 7 percent, and standardized construction practices, accelerating revenue by 4 percent.   

Prior to joining A&M, Mr. Manory assisted a financially distressed national telemedicine and on-site services company that provided medical imaging and advanced diagnostics.

Mr. Manory earned a bachelor's degree (with honors) in economics from Providence College and a master of management degree (with honors), in accounting, finance and information systems from Northwestern University’s Kellogg Graduate School of Management. 

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