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Medical Waste Incineration Company An eastern U.S. city's largest medical waste
disposal facility, upon which 22 regional hospitals and numerous clinics depended, was being crushed by debt and was close to mechanical and operational collapse. The company's owners and customers were
desperate for solutions to maintain this critically important service.A venture capital firm asked McShane Group to help them develop viable options. A plan was developed and executed which restructured
ownership, management and debt. The plan also provided for a capital infusion from the venture firm. Simultaneous with the funding, McShane Group was hired to manage the operations of the
company through a four million dollar capital improvement project and financial turnaround. Within 60 days, McShane Group revamped the entire transportation system improving on-time
performance from less than 50% to 99%. The capital improvement project is proceeding on schedule along with substantially improved operating and financial performance.
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