Case Study:
 Parthenon Management Group
Takes the Case Management Society of America in a New Direction
With the help of AMC Parthenon Management Group (PMG), the Case Management Society of America (CMSA) was able to reverse a 10-year trend of negative profitability and come back from the brink of bankruptcy in just one year.
With the help of AMC Parthenon Management Group (PMG), the Case Management Society of America (CMSA) was able to reverse a 10-year trend of negative profitability and come back from the brink of bankruptcy in just one year.
Case Study:
Parthenon Management Group
Takes the Case Management Society of America in a New Direction
With the help of AMC Parthenon Management Group (PMG), the Case Management Society of America (CMSA) was able to reverse a 10-year trend of negative profitability and come back from the brink of bankruptcy in just one year.
Case Study:
Parthenon Management Group
Takes the Case Management Society of America in a New Direction
With the help of AMC Parthenon Management Group (PMG), the Case Management Society of America (CMSA) was able to reverse a 10-year trend of negative profitability and come back from the brink of bankruptcy in just one year.
Case Study:
Parthenon Management Group
Takes the Case Management Society of America in a New Direction
Case Study:
Parthenon Management Group Takes the Case Management Society
of America in a New Direction
With the help of AMC Parthenon Management Group (PMG), the Case Management Society of America (CMSA) was able to reverse a 10-year trend of negative profitability and come back from the brink of bankruptcy in just one year.
The Challenge
In the fall of 2020, CMSA was struggling to survive. At a time when the pandemic was greatly affecting the healthcare workforce and the professional practice of case management, they were struggling with:
  • Plummeting membership numbers, both in person and virtual, with a steady decline in net profit yearly and a net loss.
  • Lack of reserves available to help carry the organization through a tough time, forcing the former management to secure a government disaster loan, further adding to the growing list of the organization’s liabilities.
  • CMSA’s independent Chapter network, on which the organization depends to add value and grow membership, was in disarray and lacking in leadership, support, and momentum.
The Challenge
In the fall of 2020, CMSA was struggling to survive. At a time when the pandemic was greatly affecting the healthcare workforce and the professional practice of case management, they were struggling with:
  • Plummeting membership numbers, both in person and virtual, with a steady decline in net profit yearly and a net loss.
  • Lack of reserves available to help carry the organization through a tough time, forcing the former management to secure a government disaster loan, further adding to the growing list of the organization’s liabilities.
  • CMSA’s independent Chapter network, on which the organization depends to add value and grow membership, was in disarray and lacking in leadership, support, and momentum.
The Challenge
In the fall of 2020, CMSA was struggling to survive. At a time when the pandemic was greatly affecting the healthcare workforce and the professional practice of case management, they were struggling with:
  • Plummeting membership numbers, both in person and virtual, with a steady decline in net profit yearly and a net loss.
  • Lack of reserves available to help carry the organization through a tough time, forcing the former management to secure a government disaster loan, further adding to the growing list of the organization’s liabilities.
  • CMSA’s independent Chapter network, on which the organization depends to add value and grow membership, was in disarray and lacking in leadership, support, and momentum.
The Challenge
In the fall of 2020, CMSA was struggling to survive. At a time when the pandemic was greatly affecting the healthcare workforce and the professional practice of case management, they were struggling with:
  • Plummeting membership numbers, both in person and virtual, with a steady decline in net profit yearly and a net loss.
  • Lack of reserves available to help carry the organization through a tough time, forcing the former management to secure a government disaster loan, further adding to the growing list of the organization’s liabilities.
  • CMSA’s independent Chapter network, on which the organization depends to add value and grow membership, was in disarray and lacking in leadership, support, and momentum.
The Challenge
In the fall of 2020, CMSA was struggling to survive. At a time when the pandemic was greatly affecting the healthcare workforce and the professional practice of case management, they were struggling with:
  • Plummeting membership numbers, both in person and virtual, with a steady decline in net profit yearly and a net loss.
  • Lack of reserves available to help carry the organization through a tough time, forcing the former management to secure a government disaster loan, further adding to the growing list of the organization’s liabilities.
  • CMSA’s independent Chapter network, on which the organization depends to add value and grow membership, was in disarray and lacking in leadership, support, and momentum.
The Process
The board of directors, dedicated to the survival of the association, decided to put their trust in Parthenon Management Group, an AMC with the experience and proven track record to set them on the right course. Prioritizing the stabilization of CMSA in all aspects, PMG put together a plan to reduce spending without sacrificing the services and value the members had come to rely on. This plan included:

  • A one-year strategic plan to focus on rebuilding the value, reputation, and financial footing of the association.
  • A scrubbing of the membership database to validate membership and decrease fees.
  • Weekly reviews of all expenses to bring cash flow under control.
  • Finally, PMG allotted time to learn about CMSA as an organization and its immediate needs while putting in place a plan for the association’s growth in the future.
The board of directors, dedicated to the survival of the association, decided to put their trust in Parthenon Management Group, an AMC with the experience and proven track record to set them on the right course. Prioritizing the stabilization of CMSA in all aspects, PMG put together a plan to reduce spending without sacrificing the services and value the members had come to rely on. This plan included:

  • A one-year strategic plan to focus on rebuilding the value, reputation, and financial footing of the association.
  • A scrubbing of the membership database to validate membership and decrease fees.
  • Weekly reviews of all expenses to bring cash flow under control.
  • Finally, PMG allotted time to learn about CMSA as an organization and its immediate needs while putting in place a plan for the association’s growth in the future.
The Process
The board of directors, dedicated to the survival of the association, decided to put their trust in Parthenon Management Group, an AMC with the experience and proven track record to set them on the right course. Prioritizing the stabilization of CMSA in all aspects, PMG put together a plan to reduce spending without sacrificing the services and value the members had come to rely on. This plan included:

  • A one-year strategic plan to focus on rebuilding the value, reputation, and financial footing of the association.
  • A scrubbing of the membership database to validate membership and decrease fees.
  • Weekly reviews of all expenses to bring cash flow under control.
  • Finally, PMG allotted time to learn about CMSA as an organization and its immediate needs while putting in place a plan for the association’s growth in the future.
The Process
The board of directors, dedicated to the survival of the association, decided to put their trust in Parthenon Management Group, an AMC with the experience and proven track record to set them on the right course. Prioritizing the stabilization of CMSA in all aspects, PMG put together a plan to reduce spending without sacrificing the services and value the members had come to rely on. This plan included:

  • A one-year strategic plan to focus on rebuilding the value, reputation, and financial footing of the association.
  • A scrubbing of the membership database to validate membership and decrease fees.
  • Weekly reviews of all expenses to bring cash flow under control.
  • Finally, PMG allotted time to learn about CMSA as an organization and its immediate needs while putting in place a plan for the association’s growth in the future.
The Process
The Process
The board of directors, dedicated to the survival of the association, decided to put their trust in Parthenon Management Group, an AMC with the experience and proven track record to set them on the right course. Prioritizing the stabilization of CMSA in all aspects, PMG put together a plan to reduce spending without sacrificing the services and value the members had come to rely on. This plan included:

  • A one-year strategic plan to focus on rebuilding the value, reputation, and financial footing of the association.
  • A scrubbing of the membership database to validate membership and decrease fees.
  • Weekly reviews of all expenses to bring cash flow under control.
  • Finally, PMG allotted time to learn about CMSA as an organization and its immediate needs while putting in place a plan for the association’s growth in the future.
After 10 years of negative net profit and depletion of CMSA’s reserves, Parthenon Management Group was able to change the direction of the association with the following results: 
273% increase in net profit in the first year of management. 
Increase in the organization’s equity position by 116% in 3 years.
Positive annual net income each year since CMSA became a client. 
Increase in the organization’s assets by over 269% in 3 years.
Decrease in the organization’s liabilities by 58% in 3 years.
Positive equity after year 2 following 5 years of negative equity.
The Results
Within one year, the partnership with PMG showed improvement in the organization's financial situation. A large educational grant was secured, and CMSA began to see positive net income for the first time in years while additional value was delivered to the membership.  

Thanks to the partnership of Parthenon Management Group and the Case Management Society of America’s Board of Directors and leadership team, the association has improved its financial status and has risen to new heights over the past three years.
After 10 years of negative net profit and depletion of CMSA’s reserves, Parthenon Management Group was able to change the direction of the association with the following results:
273% increase in net profit in the first year of management. 
Increase in the organization’s equity position by 116% in 3 years.
Positive annual net income each year since CMSA became a client. 
Increase in the organization’s assets by over 269% in 3 years.
Decrease in the organization’s liabilities by 58% in 3 years.
Positive equity after year 2 following 5 years of negative equity.
The Results
Within one year, the partnership with PMG showed improvement in the organization's financial situation. A large educational grant was secured, and CMSA began to see positive net income for the first time in years while additional value was delivered to the membership.  

Thanks to the partnership of Parthenon Management Group and the Case Management Society of America’s Board of Directors and leadership team, the association has improved its financial status and has risen to new heights over the past three years.
After 10 years of negative net profit and depletion of CMSA’s reserves, Parthenon Management Group was able to change the direction of the association with the following results: 
273% increase in net profit in the first year of management. 
Increase in the organization’s equity position by 116% in 3 years.
Positive annual net income each year since CMSA became a client. 
Increase in the organization’s assets by over 269% in 3 years.
Decrease in the organization’s liabilities by 58% in 3 years.
Positive equity after year 2 following 5 years of negative equity.
The Results
Within one year, the partnership with PMG showed improvement in the organization's financial situation. A large educational grant was secured, and CMSA began to see positive net income for the first time in years while additional value was delivered to the membership.  

Thanks to the partnership of Parthenon Management Group and the Case Management Society of America’s Board of Directors and leadership team, the association has improved its financial status and has risen to new heights over the past three years.
After 10 years of negative net profit and depletion of CMSA’s reserves, Parthenon Management Group was able to change the direction of the association with the following results: 
273% increase in net profit in the first year of management. 
Increase in the organization’s equity position by 116% in 3 years.
Positive annual net income each year since CMSA became a client. 
Increase in the organization’s assets by over 269% in 3 years.
Decrease in the organization’s liabilities by 58% in 3 years.
Positive equity after year 2 following 5 years of negative equity.
The Results
Within one year, the partnership with PMG showed improvement in the organization's financial situation. A large educational grant was secured, and CMSA began to see positive net income for the first time in years while additional value was delivered to the membership.  

Thanks to the partnership of Parthenon Management Group and the Case Management Society of America’s Board of Directors and leadership team, the association has improved its financial status and has risen to new heights over the past three years.
273% increase in net profit in the first year of management. 
Positive annual net income each year since CMSA became a client.  
Increase in the organization’s equity position by 116% in 3 years. 
Positive equity after year 2 following 5 years of negative equity. 
Decrease in the organization’s liabilities by 58% in 3 years. 
The Results
After 10 years of negative net profit and depletion of CMSA’s reserves, Parthenon Management Group was able to change the direction of the association with the following results: 
Within one year, the partnership with PMG showed improvement in the organization's financial situation. A large educational grant was secured, and CMSA began to see positive net income for the first time in years while additional value was delivered to the membership.  

Thanks to the partnership of Parthenon Management Group and the Case Management Society of America’s Board of Directors and leadership team, the association has improved its financial status and has risen to new heights over the past three years.
Increase in the organization’s assets by over 269% in 3 years. 

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