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CBIZ acquires health care practice

December 3, 2012

CBIZ acquires health care practice

Kreston’s USA member firm, CBIZ has announced its agreement to acquire the non-attest assets of PHBV, the regulatory health care consulting arm of CliftonLarsonAllen..

PHBV is a professional consulting and accounting service provider specializing in health care compliance on behalf of federal and state government agencies including Medicare and Medicaid contract compliance, investigative services, performance auditing, and audits of Medicare Advantage and prescription drug program.

With regional offices in Richmond, Virginia; Baltimore, Maryland; Indianapolis, Indiana; Austin, Texas; Cranford, New Jersey; and Raleigh, North Carolina, PHBV is expected to add some US$30m to CBIZ fee revenues and 185 professional and support staff.