NEW YORK--(BUSINESS WIRE)--Leading accounting, tax and advisory firm, Marks Paneth LLP, announced today the expansion of its capabilities with the launch of its Healthcare Practice. The practice will be spearheaded by two industry veterans—Jacob Beniawski, Partner, and Joseph Frohlinger, Principal—each bringing more than 25 years of experience serving the healthcare industry.

With the addition of Messrs. Beniawski and Frohlinger, the firm will now offer audit, tax, advisory and financial consulting solutions to a broad spectrum of organizations within the healthcare industry, such as nursing homes, home care, managed long-term care plans (MLTCPs), health maintenance organizations (HMOs), diagnostic and treatment centers, mental health agencies and hospitals.

“The formation of our Healthcare Practice is the natural result of synergies across our firm’s practices and yet another exciting step toward our firm’s strategic vision,” said Harry Moehringer, Marks Paneth’s Managing Partner.

“The ever-evolving landscape across the healthcare sector presents opportunities and challenges both for nonprofits and for-profits,” commented Michael McNee, Partner-in-Charge of the firm’s Nonprofit and Government Group. “Leveraging the extensive capabilities of our nonprofit practice and the industry-specific expertise brought on by Jacob and Joseph, creates a specialized suite of services well-tuned to the needs of the healthcare sector.”

About Marks Paneth LLP

Marks Paneth LLP, a premier accounting firm dating back to 1907, is ranked the 34th largest accounting firm in the nation and one of the 8th largest in the Mid-Atlantic, as reported by Accounting Today and Inside Public Accounting. With a team of more than 600 people, including more than 80 partners, based out of offices throughout the Mid-Atlantic Region, Marks Paneth provides public and private businesses with a full range of audit, accounting, tax, consulting, trade remediation and valuation services, as well as litigation and financial advisory services, to domestic and international clients. The firm serves clients in a wide range of industries including real estate; hospitality; manufacturing, wholesale and distribution; retail; media and entertainment; nonprofit and government; financial and professional services industries; and high-net-worth individuals and their families.