Todd A. Zigrang, MBA, MHA, FACHE, CVA, ASA, is the President of HCC, where he focuses on the areas of valuation and financial analysis for hospitals, physician practices and other healthcare enterprises. Mr. Zigrang has over 22 years of experience providing financial, valuation, transaction, and strategic advisory services nationwide in over 1,000 transactions and joint ventures involving long-term care facilities; acute care hospitals and health systems; physician practices; ambulatory surgery centers; diagnostic imaging centers; accountable care organizations, managed care organizations, and other third-party payors; dialysis centers; home health agencies; and, numerous other ancillary healthcare service businesses. Mr. Zigrang is also considered an expert in the field of healthcare compensation for physicians, executives and other professionals. Mr. Zigrang is the co-author of “The Adviser’s Guide to Healthcare – 2nd Edition” [AICPA - 2015], numerous chapters in legal treatises and anthologies, and peer-reviewed and industry articles such as: The Accountant’s Business Manual (AICPA); Valuing Professional Practices and Licenses (Aspen Publishers); Guide to Valuing Physician Compensation and Healthcare Service Arrangements, Second Edition (Business Valuation Review/American Health Lawyers Association); Valuation Strategies; Business Appraisal Practice; and, NACVA QuickRead. Additionally, Mr. Zigrang has served as faculty before professional and trade associations such as the American Society of Appraisers (ASA); the National Association of Certified Valuators and Analysts (NACVA); the American Health Lawyers Association (AHLA); the American Bar Association (ABA); the Physician Hospitals of America (PHA); the Institute of Business Appraisers (IBA); the Healthcare Financial Management Association (HFMA); and, the CPA Leadership Institute.
John R. Chwarzinski, MSF, MAE, is the Senior Vice President of HCC. Mr. Chwarzinski holds a Master's Degree in Economics from the University of Missouri - St. Louis, as well as, a Master's Degree in Finance from the John M. Olin School of Business at Washington University in St. Louis. Mr. Chwarzinski's areas of expertise include advanced statistical analysis, econometric modeling, and economic and financial analysis. He is a member of the St. Louis Chapter of the American Society of Appraisers, as well as a candidate for the Accredited Senior Appraiser designation from the American Society of Appraisers. He is co-author of numerous peer-reviewed journal articles published by groups such as the Business Valuation Review, and National Association of Certified Valuators and Analysts (NACVA).
Jessica L. Bailey-Wheaton, Esq.,is the Vice President & General Counsel of HCC. Ms. Bailey-Wheaton is a member of the Missouri and Illinois Bars and holds a J.D., with a concentration in Health Law, from Saint Louis University School of Law. She conducts project management and consulting services related to the impact of both federal and state regulations on healthcare exempt organization transactions, and provides research services necessary to support certified opinions of value related to the Fair Market Value and Commercial Reasonableness of transactions related to healthcare enterprises, assets, and services. She is the co-author of several peer-reviewed journal articles published by groups such as the American Bar Association (ABA), and has previously presented before the ABA, NACVA, and other groups.
Daniel J. Chen, MSF, serves as Senior Financial Analyst of HCC a nationally recognized healthcare financial and economic consulting firm headquartered in St. Louis, MO, serving clients in 49 states since 1993. Mr. Chen develops fair market value and commercial reasonableness opinions related to healthcare enterprises, assets, and services. In addition, he prepares reviews and analyzes forecasted and pro forma financial statements to determine the most probable future net economic benefit related to healthcare enterprises, assets, and services and applies utilization demand and reimbursement trends to project professional medical revenue streams and ancillary services and technical component (ASTC) revenue streams. Mr. Chen has a Master of Science in Finance from Washington University St. Louis.
Robert J. Cimasi, MHA, ASA, FRICS, MCBA, CVA, CM&AA, served as Chief Executive Officer for HCC. Mr. Cimasi had over 35 years of experience in serving clients, with a professional focus on the financial and economic aspects of healthcare service sector entities including: valuation consulting and capital formation services; healthcare industry transactions, including joint ventures, mergers, acquisitions, and divestitures; litigation support & expert testimony; and, certificate-of-need and other regulatory and policy planning consulting. He held a Masters in Health Administration from the University of Maryland, as well as several professional designations: Accredited Senior Appraiser (ASA – American Society of Appraisers); Fellow Royal Institution of Chartered Surveyors (FRICS – Royal Institution of Chartered Surveyors); Master Certified Business Appraiser (MCBA – Institute of Business Appraisers); Certified Valuation Analyst (CVA – National Association of Certified Valuators and Analysts); and, Certified Merger & Acquisition Advisor (CM&AA – Alliance of Merger & Acquisition Advisors). He had served as an expert witness on cases in numerous courts, and has provided testimony before federal and state legislative committees. He was a nationally known speaker on healthcare industry topics, the author of several books, the latest of which include: "The Adviser's Guide to Healthcare – 2nd Edition," co-authored with Todd Zigrang, MBA, MHA, FACHE, ASA [2015 - AICPA]; “Healthcare Valuation: The Financial Appraisal of Enterprises, Assets, and Services” [2014 – John Wiley & Sons]; “Accountable Care Organizations: Value Metrics and Capital Formation” [2013 - Taylor & Francis, a division of CRC Press]; and, “The U.S. Healthcare Certificate of Need Sourcebook” [2005 - Beard Books]. Mr. Cimasi was the author of numerous additional chapters in anthologies; books, and legal treatises; published articles in peer reviewed and industry trade journals; research papers and case studies; and, is often quoted by healthcare industry press. Mr. Cimasi served on the Editorial Board of The Value Examiner and QuickRead of the National Association of Certified Valuators and Analysts (NACVA). In 2006, Mr. Cimasi was honored with the prestigious "Shannon Pratt Award in Business Valuation" conferred by the Institute of Business Appraisers (IBA). In 2007, he was named a member of College of Fellows of the IBA. In 2011, he was named a Fellow of the Royal Institution of Chartered Surveyors (RICS). In 2016, Mr. Cimasi was named a "Pioneer of the Profession" as part of the recognition of the NACVA "Industry Titans" awards, which distinguishes those whom have had the greatest impact on the profession.