CBIZ Acquires PHBV Partners, LLP

                       CBIZ Acquires PHBV Partners, LLP


PR Newswire

CLEVELAND, Jan. 2, 2013

CLEVELAND, Jan. 2, 2013 /PRNewswire/ --CBIZ, Inc. (NYSE: CBZ) today announced
that it closed the previously announced definitive agreement to acquire the
non-attest assets of PHBV Partners, L.L.P., ("PHBV"), the government health
care practice and separate legal entity of CliftonLarsonAllen, on December 31,

Concurrent with this transaction, Myers and Stauffer L.C. announced the
acquisition of the attest business of PHBV Partners L.L.P. CBIZ, Inc.
maintains an administrative service agreement with Myers and Stauffer L.C. The
two companies are separate and independent legal entities that have worked
together since 1998 to serve clients' business needs.

PHBV is a professional consulting and accounting service provider specializing
in health care compliance on behalf of federal and state government agencies.
PHBV specializes in Medicare and Medicaid contract compliance, investigative
services, performance auditing, and audits of Medicare Advantage and
prescription drug program. With regional offices in Richmond, Virginia;
Baltimore, Maryland; Indianapolis, Indiana; Austin, Texas; Cranford, New
Jersey; and Raleigh, North Carolina, PHBV is expected to add approximately 185
employees to CBIZ.

This transaction is expected to add approximately $30 million to CBIZ revenue
and approximately $0.04 - $0.05 to diluted earnings per share in 2013.

CBIZ, Inc. provides professional business services that help clients better
manage their finances and employees. CBIZ provides its clients with financial
services including accounting, tax and consulting, internal audit, merger and
acquisition advisory and valuation services. Employee services include
employee benefits consulting, property and casualty insurance, retirement plan
consulting, payroll, life insurance, HR consulting, and executive
recruitment. CBIZ also provides outsourced technology staffing and support
services, real estate consulting services, healthcare consulting, and medical
practice management. As one of the largest benefits specialists and one of the
largest accounting, valuation, and medical practice management companies in
the United States, the Company's services are provided through more than 130
Company offices in 37 states.

Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to certain risks and uncertainties
that could cause actual results to differ materially from those projected.
Such risks and uncertainties include, but are not limited to, the Company's
ability to adequately manage its growth; the Company's dependence on the
current trend of outsourcing business services; the Company's dependence on
the services of its CEO and other key employees; competitive pricing
pressures; general business and economic conditions; and changes in
governmental regulation and tax laws affecting its insurance business or its
business services operations. A more detailed description of such risks and
uncertainties may be found in the Company's filings with the Securities and
Exchange Commission.

For further information regarding CBIZ, call our Investor Relations Office at
(216) 447-9000 or visit our web site at www.cbiz.com.


Website: http://www.cbiz.com
Contact: Lori Novickis, Director, Corporate Relations, CBIZ, Inc.,
Press spacebar to pause and continue. Press esc to stop.