Stout served as debtor advisor to Acadiana Management Group (AMG) as they consummated a restructuring through a new money plan of reorganization.
At its peak, AMG, a privately owned operator of long-term acute-care (LTAC) hospitals and inpatient rehabilitation services, was a top five post-acute hospital system nationally with more than $100 million in annual revenue. The company prospered until the phase-in of a Medicare reimbursement change that dramatically impacted the LTAC industry. As a consequence, in June 2017, AMG filed for bankruptcy in the Western District of Louisiana.