David has enjoyed a 35-year career of leadership in healthcare management, finance and strategy. A CPA by background and former manager in KPMG’s Senior Care Services consulting division, Mr. Lawlor has served as the president of Long Hill for 25 years and was the CEO of UMH before the merger. Over his career, Mr. Lawlor has led a broad range of projects, which have all centered around improving the operational stability and enhancing the value of senior living assets. His clients include institutional and private equity investors, lenders, state and federal government agencies and nonprofit organizations. His projects have ranged in size from $1 million to $350 million in overall business value.
Experience:
David has served the senior care industry for over 30 years and has in-depth knowledge of strategic planning, performance improvement, reimbursement and capital structuring. He has been involved with over $4 billion of successful senior care transactions, which have included acquisitions, divestitures and development projects. Examples of his advisory services include:
- Management Services – Responsible for the overall success of specialty turnaround management assignments of distressed situations, which have included regulatory and/or fiscal distress, leadership vacancies, and/or manager absenteeism on behalf of concerned stakeholders. David has assembled and managed the interdisciplinary teams necessary for successful outcomes. His experience in this work spans over 25 years, across 26 states in projects that have ranged in size from a single site operation to chain portfolios covering multiple states.
- Receivership Services – Responsible for all management, treasury control functions, investor reporting, court reporting (both federal and state) and regulator reporting (State DOHs, OIG, CMS, HUD, DOJ). David has assisted with the development of effective court orders and managed the turnaround strategy, liquidation and asset recovery of receivership estates.
- Transactional Services – Advises buyers and sellers in negotiating the purchase or sale of properties. Mr. Lawlor has marketed opportunities and negotiated transactions as a liaison for stakeholders.
- Feasibility Services – Evaluate project feasibility of development, expansion or repositioning in connection with a strategic plan. David has conducted feasibility analyses in connection with municipal bond offerings and serves as an independent consultant in situations of debt covenant violations.
- Reimbursement Services – Cost reporting, specialty reimbursement analyses, and associated margin analyses.
Projects:
- American Eagle – Consultant
- American Baptist Homes of Midwest – Consultant
- CareMatrix – Specialty Management
- Citizens Bank – Receiver
- Compass Bank – Receiver
- Columbia Pacific Advisors - Receiver
- Episcopal Ministries to the Aging – Feasibility Analysis
- Formation Capital – Receiver
- Forest Hills of DC - Feasibility Analysis/Specialty Management
- FTI – Consultant
- GE Capital – Receiver, Expert Witness
- Genesis Health Ventures – Reimbursement Services
- Greenburg Traurig – Consultant
- Guaranty Bank – Receiver
- HealthSouth – Assurance
- Heartland Funds – Receiver through US Bank
- HUD – Receiver
- Lapis Advisors – Specialty Management
- Marriott Senior Living Services (Sunrise) –Feasibility Analysis
- Masonic and Eastern Star Home of NC, Inc. – Feasibility Analysis
- Masonic Homes of Pennsylvania – Transactional Services
- Mintz – Consultant
- Peninsula United Methodist Homes – Feasibility Analysis
- Peoples Bank – Specialty Management
- Philadelphia Geriatric Center – Feasibility Analysis
- RBC – Consultant
- Renaissance Healthcare Corp. – Transactional Services
- Saybrook Capital – Specialty Management
- Senior Campus Living (Erickson Communities) – Feasibility Analysis
- Stamper Capital – Receiver through US Bank
- State of Connecticut – Receiver Support
- Sunwest TIC Investors – Specialty Management
- The Wesley – Specialty Management
- Touchstone Investors – Receiver through US Bank
- Trans Health Care – Transactional Services
- Tressler Lutheran Services (Diacon) – Assurance
- US Bank – Receiver
- Walker Dunlop – Receiver
- Wilmac Corporation – Assurance
Affiliations:
- Masonicare Corporation – Officer
- United Methodist Homes, Inc. and affiliates (501c3) – Board Member
- LeadingAge, Connecticut Chapter – Board Chair
- St. Vincent’s Nursing College – Board Member
- Griffin Hospital (501c3) – Corporator
- Connecticut Alliance for Long Term Care (CALTC) (501c3) – Director, Vice Chair
- Continuing Care Accreditation Commission – Analyst
Education:
- Ithaca College: BS Accounting, 1991
- Certified Public Accountant (Pennsylvania and Connecticut) (inactive status)
- Harvard Business School, Executive Education
- University of Massachusetts, Gerontological Studies
