A Principal with Simione Healthcare Consultants since 2006 who joined the company in 1998, David J. Berman has 17 years of experience leading financial improvement initiatives and mergers and acquisitions in the home care and hospice industry. David earned a B.S. in accounting from the University of Connecticut, and is a Certified Public Accountant, Certified Global Management Accountant, and Certified Valuation Analyst. In 2015, he was named to the distinguished panel of 40 Under Forty by the National Association of Certified Valuators and Analysts and Consulting Training Institute, recognizing his expertise, commitment to excellence, and spirit of pioneering in the fields of health care finance and mergers and acquisitions.
David’s extensive work with mergers and acquisitions includes financial due diligence, business valuation, work flow and market assessment, and strategic planning for home health, hospice and private duty companies, including support for acquirers with the transition of ownership. He has been instrumental in helping numerous organizations improve financial performance and sustain successful business operations, having served as an interim financial executive for a $160M freestanding home health, hospice and private duty agency, a $10M hospital-affiliated home health, hospice and private duty agency, a $6M freestanding home health and hospice agency, and a $5M freestanding home health agency.
Active in his profession and the community, David is a member of the National Association for Home Care & Hospice, Connecticut Association for Healthcare at Home, Home Care Alliance of Massachusetts, Connecticut Society of Certified Public Accountants, American Institute of Certified Public Accountants, National Association of Certified Valuation Analysts, and the Home Care and Hospice Financial Managers Association. David has served on the Business and Finance Committee for the Connecticut Association for Healthcare at Home. He is a seasoned national speaker on topics such as Medicare billing, Medicare’s Prospective Payment System, revenue recognition, mergers and acquisitions, inpatient hospice startups and financial benchmarking.