Ronald J. Adams, C.P.A., A.B.V., C.V.A., C.B.A., C.F.F., F.V.S., C.G.M.A.

Managing Director – Valuation Practice Head
Mansfield, Massachusetts 02048

Position/ Valuation Specialty:

As a Director and Principal for Foxboro Consulting Group, Inc., Ron is responsible for the sales of all appraisal and valuation engagements in Massachusetts, Rhode Island, New Hampshire, Maine, Connecticut and metropolitan New York.

Valuation/ Appraisal Experience:

Ron Adams prepared over 200 business enterprise valuations (“BEV”), and has advised numerous clients in mergers and acquisitions, asset divestiture, new business planning and development, managed care contract negotiations, strategic pricing and sensitivity, business valuations. He provides litigation support and expert witness testimony in various legal matters involving business valuations, economic damages, loss of income and compensation. He assisted two internet based e-commerce companies grow their businesses through an acquisition strategy. He prepared feasibility studies for acquisitions, developed financing plans, structured numerous acquisition term sheets and developed revenue maximization strategies. He prepared numerous financial forecasts for inclusion in debt offering circulars including forecasted income statement, balance sheet, cash flows, and statements of shareholders’ equity, including notes and assumptions.

Over the past ten years Ron has broadened his consulting skill set by serving as a Director of healthcare consulting with a “big five” public accounting firm, as Vice President for Finance of a 200+ bed acute care community hospital, and as the founder and president of his own management consulting firm.

Ron specialized in operations improvement, business office reviews, strategic and financial planning, and third party reimbursement maximization strategies. Ron prepared planning studies for two community hospitals and a six physician hematology/oncology group involved in an outpatient “cancer center”. Ron prepared numerous business plans and negotiated manage care contract arrangements on behalf of hospitals.

Ron has served as Vice President for Finance for a 217 bed acute care hospital with five off-site OPD clinics. He was responsible for the financial viability of the hospital and for the development and maintenance of all policies and procedures required to assure financial control of the hospital and related entities, including a development foundation and management company.


Temple University
Philadelphia, Pennsylvania Certificate in Management and Hospital Reimbursement 1991
Northeastern University
Boston, Massachusetts Master of Business Administration, Finance. 1979
Northeastern University
Boston, Massachusetts Bachelor of Science, Business Administration 1974

State License

Commonwealth of Massachusetts:Certified Public Accountant – 1981

Professional Certifications

  • Certified Valuation Analyst (CVA) – National Association of Certified Valuation Analysts (NACVA) – Certificate #041370
  • Accredited in Business Valuation (ABV) – American Institute of Certified Public Accountants (AICPA) – Certificate #3492
  • Certified Business Appraiser (CBA) – Institute of Business Appraisers (IBA) – Certificate #10792
  • Certified in Financial Forensics (CFF) –  American Institute of Certified Public Accountants (AICPA) – Certificate #3219
  • Certified in Forensic & Valuation Services (FVS) –  American Institute of Certified Public Accountants (AICPA) – August 2011
  • Chartered Global Management Accountant (CGMA) American Institute of Certified Public Accountants (AICPA) – Certificate # 110010714
Bachelor of Science in Business Administration
Certified Public Accountants Inc.
Board of Public Accountancy
Ronald J. Adams
Special Certificate
Society of Certified Public Accountants
Ronald J. Adams Certification
Internal Revenue Service - Dept. of the Treasury - Background Clearance - 08-10-2010

Professional Affiliations

Fellow of the Massachusetts Society of Certified Public Accountants; a member of the American Institute of Certified Public Accountants; a member of the Institute of Business Appraisers; a member of the Association for Corporate Growth; and, an advanced member of the Healthcare Financial Management Association.

Course Training

Date Course Instructor
10/2004 Practicing CPAs Business Valuations – II M. Dietrich MSCPAs
09/2004 Valuation of Intangible Assets C. Mellin IBA
05/2004 Minimizing Real Estate Tax Liabilities through Cost Segregation P.Mann MSCPAs
05/2004 Advanced Tax Issues for Limited Liability Companies & Limited Liability Partnerships J. Evanich MSCPAs
05/2004 Evolving S Corporation Issues – Advanced Planning J. Evanich MSCPAs
05/2004 Advanced Strategies & Tactics for Wealth Accumulation and Retirement G. Gheszzi MSCPAs
05/2004 CPA’s Business Valuation – I M. Dietrich MSCPAs
06/2001 Valuation Issues Update Various IBA
11/2000 Valuation Project Management T. Brown AAA
10/2000 Valuations E-Commerce Companies S. Kursh NEU
02/2000 Litigation Support and Expert Witness Training for the Business Appraiser S. Schroeder IBA
02/2000 Business Appraisal M.G. Miles IBA
02/2000 Business Appraisal Services B.Walters IBA
02/2000 Mediation/Valuation J. Casalena IBA
02/2000 Income Approach, Invested Capital Methodology, and Risk Management L.J. Sliwoski IBA
02/2000 Valuing Companies In The World of E-Commerce F.C. Evans IBA
02/2000 Trends & Changes in Information Sources on FLP Discounts M.J. Eggers IBA
11/1997 Nuts & Bolts of Using RVUs to Cost Out Physician Services M. Berlin UCG
11/1997 Prevent Fraud & Abuse Violations by Your Compensation Plan W.Sarraille UCG
11/1997 Built to Last: Scripps Compensation Formula That Grows With Your Practice J. Mulvey UCG
11/1997 Using RVUs to Drive Physician Salaries & Bonuses T. Smith UCG
11/1997 How Kelsey Seybold Clinic Compensates Its Physicians S. Moore UCG
11/1997 Compensation Plans: Finding What Works for Your Practice R. Erra UCG
11/1997 How Health Care Industry Trends Affect Physician Compensation R. Erra UCG
10/1994 Business Valuations – Methods and Approaches – For Accountants, Brokers and Appraisers R.Miles IBA
  • IBA – Institute of Business Appraisers
  • UCG – United Communications Group
  • NEU – Northeastern University
  • AAA – American Appraisal Associates
  • MSCPAs – Massachusetts Society of CPAs

Litigation – Testimony – Case Summary

Year Case name Attorney Jurisdiction
2000 Community Medical Services v. Community Medical Associates, Inc. M. Cahill Suffolk Superior Court
2000 Ksander v. Women’s Health, Inc. S. Meyers Essex Superior Court
1997 Caplan v. Caplan R. McGrath Probate Court New Bedford
1995 V.Cordone v. Medical Team Management, Inc. P. Wilson Essex Superior Court
1994 Trembowicz v. Arcidi W. Curry Superior Court Essex

References will be furnished upon request