Fischer Barr & Wissinger LLC, Principal Quoted in NJBIZ
Monica Kaden Spoke With NJBIZ Reporter Beth Fitzgerald On How Medical Practice Mergers Present Doctors With Both Opportunities AND Challenges.
- (1888PressRelease) September 25, 2014 - Parsippany, NJ - Monica Kaden, MBA, ASA, Principal, Fischer Barr & Wissinger LLC, was recently quoted in NJBIZ "Healthcare Weekly."
The article, "Doctors responding to health care changes by merging practices, but there are risks to that, too," focused on how mergers present doctors with opportunities and risks, and the experts who advise physicians try to maximize the financial advantages - and design exit strategies in case the deal doesn't work.
Monica Kaden, one of the experts highlighted states, "This is a period of uncertainty for a lot of physicians, and there is comfort in becoming part of a larger group. But doctors who have grown accustomed to autonomy may not adapt well to being part of a very large practice, or becoming employed by a hospital. For that reason, a deal may allow doctors to keep their own Medicare reimbursement number post-merger, so they can more easily go back to being independent if there's a parting of the ways." She goes on to offer additional comments throughout the article.
To read the article in its entirety, please click here.
Monica Kaden is an accredited senior appraiser ("ASA") with the American Society of Appraisers. She has been performing business valuations for two decades and has focused her valuation practice in the health care industry. Ms. Kaden specializes in valuing medical practices, ambulatory surgery centers and other health care entities. She can be contacted at mkaden ( @ ) fbwcpas dot com dot
She is the author of several articles, "The State of Medicine on the Provider Side," published in Physician's Money Digest, December 2013; "Valuing Your Medical Practice For Sale," published in Physician's Money Digest, July 2012; "Now Is The Time to Gift," published in the Real Estate Journal, Mid Atlantic region, February 2009 and "Medical Practice Valuation," published in M.D. News Magazine, May 2000.
A sought after thought leader, Monica has been quoted in "ACOs Not The Only Future Path; Alternative Strategies Emerge," June 2014, Managed Care Contracting and Reimbursement Advisor; "Spring Clean Your Finances With These 5 Pro Tips," published in Forbes, March 2013, "Reform brings a rush to determine value," NJBIZ, February 2013 and "Consolidation slow to reach N.J., but is the norm around country," NJBIZ, February 2013. For additional information on Monica Kaden, please click here.
Ms. Kaden is a graduate of Brandeis University with a Bachelor of Arts and the University of Michigan, Ann Arbor, with a Master of Business Administration. She received her accreditation as an accredited senior appraiser with the American Society of Appraisers in 2005, and was recertified in 2010. Ms. Kaden is presently in a post-MBA graduate program at Fairleigh Dickinson University.
She started her career at a Big Four CPA firm in the corporate finance group performing valuations primarily for purchase price allocations associated with acquisitions, and valuing intangible assets. She has worked for large NJ accounting firms for the last eighteen years specializing in business valuation and litigation support.
The Partners, Principals and Managers of Fischer Barr & Wissinger LLC offer more than a century of combined expertise in the areas of tax planning, business and medical practice valuation, litigation support, accounting, auditing and consulting services.
The firm maintains the professional practice which has continuously served the regional business community from its Morris County offices since 1968. Clients receive the same types of services offered by national and regional firms but with a distinctly different personal touch.
Our Partners, Principals and Managers hold memberships in the American Institute of Certified Public Accountants (AICPA), the New Jersey Society of Certified Public Accountants (NJSCPA), the New York State Society of Certified Public Accountants (NYSSCPA), the American Society of Appraisers (ASA), the National Association of Certified Valuation Analysts (NACVA), the Association of Certified Fraud Examiners (ACFE) and the Morris County Chamber of Commerce.
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