Gibbins Advisors Expands Leadership Adding James Davis as Managing Director
The experienced healthcare and finance executive joins the team in response to business growth and increasing market demand
NASHVILLE, TN — FEBRUARY 14, 2023
Gibbins Advisors, a leading turnaround and restructuring advisory firm expert in the healthcare sector has appointed James Davis as Managing Director.
“Jim is a huge asset to our team in bringing the deep operations and transaction expertise that is needed to effectively lead organizations through turbulent times,” said Ronald Winters, Principal and co-founder of Gibbins Advisors. “We’ve collaborated with him over many years and are enthusiastic to have him on board as a leader of the firm.”
Davis will be based in Dallas, Texas, expanding the strategic footprint of Nashville-based Gibbins Advisors.
“Gibbins Advisors has successfully developed its niche providing restructuring and turnaround services to the middle market healthcare sector, and it’s a great platform for doing the range of work that I enjoy, from restructuring to transactions, turnarounds and operations leadership,” said Davis. “The team is impressive and I’m very excited about the opportunity.”
Davis Brings Extensive Experience in Healthcare Leadership
Davis is a 25-year veteran of the healthcare and finance industries. He has extensive experience operating in permanent and interim roles that have included CEO, COO, CNO and Chief Restructuring Officer. Prior to joining Gibbins Advisors, he led healthcare transactions for Chiron Financial, LLC, an investment banking firm where he oversaw M&A, private debt and equity placements and financial restructurings for clients across multiple healthcare sectors.
With a clinical background, diverse skillset and innate ability to influence, Davis excels in the leadership of healthcare organizations through periods of change including turnaround, transformation, M&A and wind down. He has executive operations leadership experience across several subsectors including acute hospital, behavioral health, outpatient services, pediatrics and DME.
Davis holds Master of Business Administration and a Bachelor of Science degree in Nursing from the University of Alabama and is a member of the American College of Healthcare Executives and the American Organization of Nurse Executives.
Expansion Comes as Gibbins Advisors sees Acceleration in Healthcare Industry Distress
Davis’s addition expands Gibbins Advisors leadership at a time where the market is dictating increased need for healthcare restructuring. A January report by Gibbins Advisors found an 84% increase in bankruptcy filings for companies with liabilities greater than $10 million in the health and medical sector in 2022 over 2021.
In the outlook for 2023, Gibbins Advisors sees continued distress and market consolidation in Senior Care and Pharma/Biotech sectors and expects an increase in hospital distress (particularly rural / standalone hospitals) given the continued “margin squeeze” seen in 2022 and the continuation of macroeconomic forces changing care delivery.
For more information on Gibbins Advisors, visit: https://gibbinsadvisors.com/