Miriam Allred (00:10)
Hey everyone, welcome back
to the Home Care Strategy Lab. I'm your host, Miriam Allred. It's great to be back with you in the lab. Thanks for joining us. Today in the lab, I am
joined by Adam Shriver, the client CFO at the Home Care CPAs. Adam, welcome to the show.
Adam Shriver (00:25)
Thanks for having me, Miriam. Excited to be here.
Miriam Allred (00:28)
Yeah, likewise. I've known Dana and the team over the years and you were brought on board, I believe, kind of early twenty twenty six. So this is our first time, you know, in an interview setting. But it's great to meet you and excited to get you in front of the audience and learn a little bit about you and about your expertise in kind of the financial side of helping these home care businesses.
Adam Shriver (00:48)
Yeah, likewise. And on a on a personal note before joining the home care CPAs, I worked in public accounting at one of the big four firms. I was in their transaction advisory space. I did a lot in healthcare, but I hadn't dug in as deep in home care. So listening to your podcast was one of the big ways that I like actually learned about the the industry really got myself immersed in it but before before starting. and then, you know, l love keeping up and he hearing all the guests you bring on.
Miriam Allred (01:27)
Yeah, appreciate that. I told
you before we started recording, but I think the reason why I love this industry is really the people and even in six months you've become acquainted with probably hundreds of home care owners at this point and just it's it's a great industry. There's a lot of really great people, the work that they're doing is really impactful. And I feel like, you know, people like us, we get to indirectly help the the agencies that then in turn help the families and the clients and the caregivers. And so it's just really fulfilling. So
you just kinda teased it there, but talk talk a little bit about your background. Tell everyone a little bit more about yourself and where you're located and what led you to the home care CPAs.
Adam Shriver (02:03)
Yeah, absolutely. I am located in Kansas City, originally from Omaha, Nebraska. prior to joining The Home Care CPAs I worked at PwC, which is one of the big four public accounting firms. I was in their MA Transaction Advisory Group. and I specialized in business valuation. So helping companies evaluate how much their own business was worth, other businesses were worth.
and then valuing the assets of of those business. So how much value their customer relationships are, their technology. and so it's it was, you know, definitely a different space, but you know, I even it being at the home care CPAs, you know, the core of what we do is focused on you know, re recurring accounting services, fractional CFO work, which which we'll talk about as well.
but I love talking with business owners about like the valuation side because I I think that's a really common question that business agency owners have is how how much is this business that I'm building actually worth? and typically it's you know one of their biggest sources of if not the biggest source of like their wealth and and personal income. and you know.
even if they're planning to operate it for for five, 10 plus more years, they kind of want to know like, hey, is is what I'm building valuable? and I I love talking with them and just kind of being a sounding board about things that they can do and ways that we can increase that value. So then when they do decide to to retire or or exit or you know
At least they they have a long term sense of like what the value is that they're they're building. I love that aspect of it. and that's what I specialize in before. And then now I'm primarily working as a a fractional CFO here at The Home Care CPAs.
