RS&F Announces Acquisition Of SHR Associates, Inc.
Owings Mills, MD, April 4, 2016 – Rosen, Sapperstein & Friedlander, LLC, a business consulting and accounting firm, today announced it has acquired SHR Associates, Inc., a prominent regional healthcare consulting firm based in Annapolis, Maryland.
SHR’s President and CEO Nancy Smit, has joined RS&F as a partner of the firm. In this role, Smit, a seasoned medical practice management executive with over 30 years of experience supporting physicians, hospitals, community health centers, and other healthcare organizations, will oversee RS&F Healthcare Advisors (RSFHA).
“Our acquisition of SHR Associates, Inc. complements RS&F’s overall healthcare service offering so we can now assist healthcare clients through revenue enhancement, practice expansion advisory, operations assessments, risk reduction, and more,” said Jeffrey Rosen, a director with RS&F. “This investment enhances our ability to position clients for growth and success, offering the most comprehensive business advisory, consulting, accounting, auditing, and tax services along the East Coast. It’s an honor to have the SHR team join RS&F. Not only are they the best at what they do, but they share our values and truly care for their clients.”
RSFHA offers a comprehensive suite of services to address the strategic, operational and accounting needs of healthcare organizations. Services offered comprise strategic planning, including merger and acquisition advisory, business planning, corporate structure analysis, and capital formation; specialized healthcare services, including practice administration, compliance plan and coding audits, revenue cycle management, fee schedule and relative value unit analyses, and operational assessments; practice organization, including marketing, human capital evaluation, and IT; and accounting and tax services, including audits, estate planning, tax strategies, and partner disputes.
“As healthcare reimbursement changes from rewarding volume to rewarding value,” said Smit, “we help physicians and healthcare practices adapt. Merging services with RS&F allows us to provide the full spectrum of strategic, accounting, financial, and operational services our clients need to be successful, grow profits and remain compliant. RSFHA is now positioned to better solve one of the biggest struggles for healthcare practitioners today: adjusting to a system with a renewed emphasis on patient quality and provider efficiency.”
RSFHA’s practice management consultants and certified coders work with physicians, clinics, practice groups, public health providers, and hospitals to increase revenue, maximize profitability, and reduce risk through operational best practices.
About Rosen, Sapperstein and Friedlander, LLC
Founded in 1979, Rosen, Sapperstein and Friedlander, LLC (RS&F) is a business consulting and accounting firm that caters to middle-market businesses and high net worth families. RS&F delivers services mainly along the East Coast but has clients residing throughout the United States. As a full-service CPA firm, RS&F provides consulting, tax, audit, and accounting services. The firm works with clients in a variety of industries, including healthcare, real estate, nonprofits, government contractors, construction, business services, automotive dealerships, manufacturers, distributors, print/packaging, and mortgage lending.