---
title: CT State Receiver | The Long Hill Company
description: The Long Hill Company served as a financial advisor to the state-receiver of a chain of skilled nursing facilities.  We supplemented the state-receiver with the depth of our team to install vendor management and accounting systems.
---

**  Close

# State Appointed Receiver - A Case Study

### Financial advisor to state-receiver of a chain of skilled nursing facilities

#### $0M

Asset Value

#### 0

Beds

#### 0

Successfully Transferred to New Owners

![connecticut-flag-with-seal--logo](https://www.longhillcompany.com/hs-fs/hubfs/connecticut-flag-with-seal--logo.png?width=250&name=connecticut-flag-with-seal--logo.png)

## About the CT State Appointed Receiver

Our client was a state-appointed receiver who required support in managing a chain operation. The objective was to close the facilities or otherwise transfer operations. Maintaining resident safety and continued vendor services was critical for success.

**

 “We supported the work of a state-appointed receiver, partnering to achieve the state’s objectives of liquidating the remaining assets of a troubled portfolio. Vendor management was critical to success.”

 David Lawlor  
President and CEO, The Long Hill Company

### The Challenge

Objective of facility closure

Over-bedded markets

Resident Safety 

Fiscal Management

 

### How We Helped

The Long Hill Company served as a financial advisor to state-receiver of chain of skilled nursing facilities.  We supplemented the state-receiver with the depth of our team to install vendor management and accounting systems.  The team supported the State of Connecticut's objective of facility closure.

 

### The Results

The Long Hill Company team gained the respect of critical staff responsible for executing the capital strategy of the owners/stakeholders.

## What can The Long Hill Company do for you?

[![Contact Us](https://no-cache.hubspot.com/cta/default/5930790/22c5208e-e9ab-4f73-92d6-54305a4368be.png)](https://cta-redirect.hubspot.com/cta/redirect/5930790/22c5208e-e9ab-4f73-92d6-54305a4368be)