Carl Marks & Co. Inc. announces the addition of Carl Marks Healthcare Partners LLC (CMHP), which focuses on operational and financial performance improvement and turnaround management to the healthcare industry. CMHP's experienced professionals provide restructuring and revenue recovery, serve in interim management positions, and establish and execute constructive business plans for key hospital leaders in order to improve and sustain organizational performance. The creation of this new Carl Marks entity further enhances the company's diversification into new markets, greatly expanding its reach and capabilities.

Carl Marks Healthcare Partners works with organizations — such as hospitals, health systems, secured lenders, and equity sponsors — toward renewed and lasting viability by enhancing performance or implementing necessary restructuring to achieve significant performance improvement. In every engagement CMHP develops and implements targeted solutions that lead clients to long-term success.