Rosen, Sapperstein & Friedlander, an accounting and consulting firm based in Owings Mills, has acquired SHR Associates Inc., a health care consulting firm based in Annapolis.
Terms of the deal were not disclosed, but Nancy Smit, SHR's President and CEO, has joined RS&F as a partner and will oversee RS&F Healthcare Advisors.
RS&F's new health care practice will offering a varierty of services in support of doctors, hospitals, clinics and other healthcare groups, including strategic planning and practice administration, as well as accounting and tax services.
"As healthcare reimbursement changes from rewarding volume to rewarding value, we help physicians and healthcare practices adapt," Smit said in a statement. "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."
Founded in 1979, RS&F now employs 65 and has offices in Owings Mills, Columbia and Annapolis, offering a range of services to middle-market businesses and high net worth families.