ParenteBeard and Presscott Associates Combine Practices

ParenteBeard LLC, a top 25 U.S. accounting firm, recently announced that it has combined its practice with Presscott Associates, Ltd. Presscott Associates will continue to operate under their own name as a division of ParenteBeard. Presscott Associates is a healthcare management consulting firm.

“Presscott Associates has a reputation for excellence and an entrepreneurial spirit consistent with ParenteBeard’s values and principles,” said Bob Ciaruffoli, ParenteBeard Chairman and CEO. “This combination capitalizes on the strengths of each to create an organization recognized as both a CPA and healthcare management consulting firm, benefitting our clients and the larger business community.”

The combined firms will serve the Pennsylvania, New Jersey, New York, Delaware, Connecticut, Texas and Maryland areas. Presscott’s clients will now have access to healthcare management consulting services as well as accounting and advisory solutions through ParenteBeard. Presscott currently serves hospitals, physicians, integrated delivery systems and national and regional health plans, as well as life sciences and technology companies.

“While Presscott Associates is becoming a division of ParenteBeard, clients will still be working with the same people they have come to know and trust through the years,” said Neil Pressman, President, Presscott Associates. “In combining with ParenteBeard, we are positioning ourselves to strengthen the range of personalized services we deliver.”