Fort Lauderdale, Fla.-based Broward Health has retained Kaufman Hall & Associates, a provider of strategic, capital, financial and transaction advisory services and software tools, to assess the system's financial health and provide guidance to help the system meets its strategic goals.
Broward Health hired Kaufman Hall following more than a year of management and legal issues. In September 2015, Broward Health entered into a $69.5 million settlement to resolve allegations it violated the False Claims Act by engaging in improper financial relationships with physicians. In January 2016, Broward Health President and CEO Nabil El Sanadi, MD, committed suicide, and the system is struggling to find a replacement.
The Broward Health board decided to delay the CEO search indefinitely in October after reading a report from a firm hired to assess the system's procedures, policies and operations. In December, the board voted to remove interim CEO Pauline Grant from her position after an independent counsel review showed potential anti-kickback violations. Ms. Grant subsequently sued the hospital district.
Broward's current interim CEO Kevin Fusco expressed optimism about the system's future and its work with Kaufman Hall. "Like all of today's successful healthcare systems, we recognize the need to look closely at how we best steward our resources so we can be most effective in our delivery of care to the community," he said. "Improving our organization with best practices will allow us to better serve our patients and grow where necessary."
Kaufman Hall is expected to start its work with Broward Health this month.
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