Mr. McGahan works with healthcare organizations to drive operational and financial performance improvement. In addition, his expertise in corporate finance, restructuring and the raising of capital-including public, private sources of both debt and equity enables his clients to strategically re-engineer their balance sheets for long-term stability and growth.
Mr. McGahan has been advising several companies in both the healthcare services and pharmaceutical / biotechnology industries. He is currently serving as restructuring adviser to several major providers of home healthcare, assisted living facilities and senior housing. He is also advising a clinical research organization on operational restructuring and capitalization alternatives.
Mr. McGahan recently served as Chief Restructuring Officer of Saint Vincent Catholic Medical Centers, a $1.5 billion health system in New York City, which includes several academic medical centers, nursing homes, a home health agency and an off-shore insurance captive. Before that, he served as CFO of St. Vincent's, where he refinanced its debt at more favorable rates and terms and supervised the restructuring of the system's financial infrastructure, including the revenue cycle and billing functions, managed care contracts, accounting, treasury, financial reporting and IT platform. St. Vincent's successfully emerged from Chapter 11 bankruptcy in 2007.
Previously with A&M, Mr. McGahan took on interim management roles with several troubled healthcare companies, including serving as CFO of World Health Alternatives and Chief Administrative Officer of Orthodontic Centers of America.
Before A&M, Mr. McGahan was President, Chief Operating Officer and board member of Healthtronics Surgical Services, a publicly-traded provider of outsourced services for hospitals and a medical device maker. He has spent a majority of his career in healthcare, serving as vice president of Healthmarket Inc., a health insurance provider for individuals and small businesses; senior VP and divisional CFO of Saks Inc.; the executive director of the Alabama Sports Medicine and Orthopedic Clinic; and director of business development at Surgical Care Affiliates. He began his career at Chase Manhattan Bank.
Mr. McGahan earned a bachelor's degree from Villanova University and a master's degree in business administration from the Darden School of Business at the University of Virginia.