Baker Tilly acquired Orchestrate Healthcare; and Mugford & DiBella merged in Daigle, Smith & Chubet.
FLORIDA: Baker Tilly acquires Orchestrate Healthcare
The deal will enable the firm to help clients with electronic medical record systems and other health care technology. It comes at a time when many health care providers are coming under pressure during the pandemic to respond with limited staff to the latest outbreaks, while also dealing with longstanding issues in coordinating payments with insurers and patients. Financial terms of the deal were not disclosed. Orchestrate Healthcare earned $20 million in revenue for the fiscal year ended Dec. 31, 2021, while Baker Tilly earned approximately $1 billion in combined revenue across its consulting, tax and assurance practice, for the year ending May 31, 2021. Baker Tilly ranked No. 12 on Accounting Today’s 2021 list of the Top 100 Firms. The firm has 6,000 professionals, including 500 partners, while Orchestrate has 120 professionals but isn’t structured as a partnership. However, Orchestrate Healthcare president Charlie Cook will be joining Baker Tilly as a partner.
“This is a powerful combination of strategic alignment and complementary solutions that will allow us to provide our clients and our team members with more across the board,” Cook said in a statement Thursday. “Baker Tilly has it all: a forward-thinking vision and a focus on talent.”
Last November, Baker Tilly acquired
“We are continuing to invest heavily in the digital space,” said Baker Tilly Consulting managing partner Angela MacPhee in a statement. “With this combination, Baker Tilly can deliver a holistic approach for healthcare providers so they can administer the best patient care while controlling costs and adopting new business models.”
CONNECTICUT: Mugford & DiBella merges in Daigle, Smith & Chubet
As part of the deal, partner Dan Daigle and principal Lucia Chubet, along with bookkeeper Sally Daigle and office manager Pat Beidler, will join the combined firm, for a total headcount of 12 (including three partners ) at Mugford.
“We are excited about this merger and welcome Dan and Lucia and their staff to our team,” said Mugford managing partner Brian DiBella in a statement Thursday. “We share the same professional values and look forward to working with our new team members and clients.”
Financial terms of the deal were not disclosed. Last October, Mugford acquired another Connecticut firm,