Case Study: Primary Health Systems Inc. streamlines complex wage claims with Stretto

Primary Health Systems Inc. - Customer Case Study

Primary Health Systems Inc., an integrated healthcare services company in Ohio, faced a significant challenge in managing complex Worker Adjustment and Retraining Notification (WARN) Act and wage claims after converting to a Chapter 7 bankruptcy. The appointed Trustee engaged the vendor Stretto to assist with the intricate process of resolving these claims while ensuring compliance with strict IRS and US Trustee reporting standards.

Stretto assembled a cross-discipline team of experts to implement a solution. They assisted the Trustee with tax analysis for the WARN Act claims and the examination of wage claims, even enhancing their proprietary software for this unique case. The team conducted meticulous multi-step reviews for accuracy and complied all necessary reports for the Court. After final distribution was approved, Stretto ensured all claimants received detailed breakdowns of their dividends, delivering added value and time efficiencies to the Trustee.