Case: 90-Day Resuscitation From Reimbursement Reduction

Situation: Veltri assumed leadership of a company that was both stagnant and faced with a large industry wide government reimbursement reduction that would reduce Operating Income by 25%.

Resolution: Within 90 days of assuming control, Veltri completely revitalized the structure, eliminated several layers of management and streamlined the organization. This was accomplished without impacting operations or the customer base. As a result, the company began to operate more efficiently, the reimbursement reduction was more than absorbed and Operating Income increased over prior years.