I received my B.A. in Psychology at Hunter College (City University of New
York) in 1969. I began working as a Hospital Personnel Assistant at Beth
Israel Medical Center, New York City. Later I became Assistant Director
of Personnel at the Jewish Hospital and Medical Center, Brooklyn, New York.
After first attending Cornell University Graduate School of Industrial and
Labor Relations in New York, I entered a full time program to pursue my
interest in hospital management. I presently hold a Masters Degree in Hospital
Administration from Columbia University, School of Public Health and Administrative
Medicine, Columbia-Presbyterian Medical Center, New York City. After completing
two "Administrative Residencies", at both United Hospital in Port
Chester, New York and Thayer Hospital in Waterville, Maine, I received my
M.S. Degree in 1972. I was the first recipient of the prestigious "Anthony
Marenga Memorial Award" for an article I had published while at Columbia.
I was then employed as a Hospital Administrator at Jamaica Hospital and
Medical Center and Hillcrest Hospital, both in Queens, New York.
I had worked with the medical staff at seven different hospitals, and
by 1976, I sold my first practice to my former chief resident (in medicine)
at Jamaica Hospital. I began to familiarize myself with other types of
practices. Later that year I organized two corporations, Medigroup Inc.
and Medigroup Realty Inc. They specialized in the sale of medical, dental,
podiatry, optometry, chiropractic, and other professional practices. Some
included real estate such as home-office combinations, professional condominiums
and cooperative apartments. Over the next several years, I attended numerous
meetings and conventions. These included those sponsored by the New York
State Medical Society, The Greater New York Dental Association, in addition
to other professional associations. In 1986, after some attempts at franchising
my corporations, I began functioning independently under my own name.
I have assisted hundreds of practitioners over the past 28 years, appraising
and selling their practices. I am an "expert witness", having
testified as to the value of these assets on numerous occasions. Many cases
involve "equitable distribution" when the value of the professional
practice becomes an issue in a divorce. Other cases involve partnership
disputes. I have been quoted in Physician's Management Magazine in articles
concerning professional practice transfer. I have also been a guest speaker
at workshops for attorneys as well as financial planners. I have been licensed
as a Real Estate Broker in New York State since 1976, in order to arrange
transactions when real estate is included in the sale. I provide consulting
and brokerage services to professionals who are selling their practices.
In addition, I represent prospective purchasers when they are seeking new
opportunities. They can be individual practitioners, groups, or hospitals,
who contact me when they require consultation to ascertain a value for
practices they wish to purchase. I negotiate the arrangements for the acquisition
of the practice and recommend contractual terms to attorneys who draft
the legal agreements. I am also licensed to assist with financial planning
matters. Therefore, I can give disability, pension and retirement advice
to professionals who are buying or selling practices.