Stephen F. Dobias

Stephen F. Dobias, CPA, CGMA


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Steve is a principal on Somerset’s Heath Care team. He focuses on identifying, organizing, implementing and developing medical office buildings, skilled nursing facilities, specialty hospitals and associated ancillaries (surgery center, physical therapy, imaging, DME, urgent care, etc.). Steve is an expert in the health care real estate market which has resulted in the cumulative construction of over 1.76 million square feet for medical practices with a combined project cost of $650 million (debt and equity). In the majority of the projects, Steve was involved in the formation of the entities, raising capital (debt and equity) and the turnkey construction of the facility.

An avid runner, Steve regularly participates in half-marathons when not mountain biking, or spending time with his four daughters.


  • Identify, organize, implement and develop ambulatory surgery centers, medical office buildings and associated ancillaries, rehabilitation hospitals, specialty hospitals and skilled nursing facilities
  • Feasibility studies for specialty hospitals, acute rehab facilities and skilled nursing facilities
  • Negotiation of physician/hospital relationships for ambulatory surgery centers, ancillaries, imaging, specialty hospitals, acute rehab facilities and skilled nursing facilities
  • Strategic planning and business plan development
  • Corporate, partnership, limited liability company and individual taxation


  • BBA — Accounting, Southern College


  • Indiana CPA Society — Member
  • American Institute of CPAs — Member
  • American Association of Orthopaedic Executives — Member
  • Ambulatory Surgery Center Association — Member
  • Indiana Federation of Ambulatory Surgical Association — Member
  • Indiana Medical Group Management Association — Member