SullivanCotter Acquires McGladrey's Physician Compensation Practice

Expands service offerings and customer reach

MINNEAPOLIS, Aug. 18, 2011 /PRNewswire-USNewswire/ -- Sullivan, Cotter and Associates, Inc., announced today that it has acquired the Physician Compensation Practice of RSM McGladrey, Inc., a leading provider of tax and consulting services. The acquisition strengthens SullivanCotter's physician compensation and survey practice and further positions the firm as an industry leader.

As part of the acquisition, a team of consultants from RSM McGladrey joins the firm. The consultants bring years of experience in physician compensation design and fair market value (FMV) assessments with a focus on large medical clinics. Already a leader in physician and executive compensation surveys in the health care sector, this acquisition enhances SullivanCotter's survey capabilities for large medical clinics.

"The addition of these talented consultants and survey capabilities expands SullivanCotter's footprint beyond its current consulting focus," said SullivanCotter CEO, Ted Chien. "Extending our service offerings is another way that we continue to add value to our clients."

"We believe that SullivanCotter's deep focus and expertise in the area of physician compensation will prove to be a strong fit for RSM McGladrey's Physician Compensation practice and its clients," said Mike Stokke, RSM McGladrey's national client service strategy and delivery leader.

The consultants joining SullivanCotter include Tom Dobosenski, Managing Principal; Wayne Hartley, Senior Consultant; Courtney Helmstetter, Consultant; Sara Loos, Survey Consultant; and Brad Vaudrey, Principal.  

"SullivanCotter is a leader in all elements of total compensation planning for health care and not-for-profit organizations," said Dobosenski. "My colleagues and I look forward to joining a group of trusted and tested practitioners, and we are eager to work with them to advance the breadth and depth of their physician compensation and survey practice."

Combined with the earlier addition of Diversified Medical Management (DMM) in May 2011, this acquisition gives SullivanCotter one of the most comprehensive and largest physician consulting practices in the country, made up of more than 35 fulltime consultants.

About SullivanCotter
SullivanCotter specializes in the assessment and development of total compensation and reward programs for physicians and executives in the health care industry. Since 1992, SullivanCotter has worked closely with health care organization executives, boards and compensation committees to devise innovative compensation solutions that attract and retain leadership talent while satisfying not-for-profit missions and regulatory requirements. A leader in independent consulting, benchmarking, trends and analyses, SullivanCotter has also developed the most widely recognized physician and executive compensation surveys in the United States. For more information, visit sullivancotter.com or call (888) 739-7039.

About McGladrey
McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients' business needs. Together, they rank as the fifth-largest U.S. provider of assurance, tax and consulting services, with 7,000 professionals and associates in more than 80 offices. The two firms operate as separate legal entities in an alternative practice structure. McGladrey & Pullen is a licensed CPA firm that provides assurance services. RSM McGladrey is a leading professional services firm providing tax and consulting services. Both firms are members of RSM International, the sixth-largest global network of independent accounting, tax and consulting firms. For more information, visit the McGladrey website at mcgladrey.com, join our Facebook fan page at McGladrey News and/or follow us on Twitter @McGladrey.

SOURCE Sullivan, Cotter and Associates, Inc.