Michael Sandnes is a Director in the Financial Advisory Services Group, with over 15 years of expertise in the health care industry. He specializes in working with healthy and distressed for-profit, nonprofit, private equity firms and business organizations.
Michael draws significant experience and talent from a turnaround management perspective, performance improvement and proven solutions to client assignments. He has worked with organizations and board of directors leading initiatives such as organizational restructuring, corporate compliance and integrity agreements, governance, and operational and strategic leadership roles and rollouts.
Michael’s experience spans a variety functions, has a proven track record while working on interim management, turnaround and restructuring, operational assessments, and downsizing, including corporation compliance where he served as a health care System Chief Operating Officer contracted to turnaround $120 million operating loss for 5 acute care hospitals. He also served as a court appointed Chief Restructuring Officer for a regional community hospital in New Mexico and performed financial and operational strategic restructuring services while successfully positioning the hospital and physician management organization for Chapter 11 filing.
As a recognized professional, Michael has been featured and published articles in various health care publications, including Hospital Trustee, Modern Healthcare and The Arab Healthcare Magazine.
Michael has also been an international keynote speaker for One Million Dollar Question: Unlocking the Secret of Hospital Success and The Untouchable Parameters beyond Profitable New Hospital Success in for-profit health care. Additionally, his has lead panel discussions on distressed health care released entities.