|By Business Wire||
|March 31, 2014 11:30 AM EDT||
MedSynergies Inc. and KentuckyOne Health today announced MedSynergies is establishing a physician billing service center in Louisville to serve physicians at KentuckyOne Health, a Catholic Health Initiatives (CHI) healthcare organization.
Last year, MedSynergies and CHI announced an agreement to build a national management services organization (MSO), Catholic Health Initiatives Physician Services (CHIPS). The Louisville service center will provide key MSO services for KentuckyOne Health’s employed physicians.
“The roots of our mission are in providing convenient access to quality care for the patients in the areas we serve,” said Charlie Powell, president, KentuckyOne Health Medical Group. “With MedSynergies taking on these important back office functions, we’re able to focus more on our mission and meeting today’s healthcare industry challenges while remaining focused on delivering high-quality patient care.”
In establishing the service center, 150 KentuckyOne Health employees will transition to MedSynergies beginning this summer. These employees currently reside in a service center dedicated to KentuckyOne Health physician services. As part of this transition, the employees will move to a new MedSynergies facility located at 401 South Fourth St., Louisville, KY 40202. In addition to the service center employees, the new facility will house more than 30 employees dedicated to CHIPS.
“Louisville is a global leader in the health, wellness and aging care sector and the heart of that activity is downtown,” said Louisville Mayor Greg Fischer. “It’s great to add more than 150 employees downtown and to see MedSynergies moving closer to the healthcare clients they are helping support and grow.”
As a company that specializes in providing physician services, MedSynergies will provide revenue cycle management, practice management and analytics, human resources and patient outreach, among other functions through this service center and CHIPS. By establishing standardization and best practices in these areas, KentuckyOne Health will strengthen its ambulatory operations to focus on providing quality patient care.
“This acquisition adds a talented workforce and expands our abilities to support critical business functions for KentuckyOne Health physicians and patients,” said J.R. Thomas, chief executive officer, MedSynergies. “The MedSynergies team is thrilled to come to Louisville to be closer to our clients and to have room for our business and our employees to grow while providing the quality service KentuckyOne Health’s employed physicians and patients expect.”
MedSynergies will occupy floors 16 and 17 of the 26-story downtown office. The company expects to open the service center in mid-July following the design and development of the office space.
“We are delighted that MedSynergies has decided to open a new location in downtown Louisville. This company represents the kind of talent attraction and investment that adds significantly to the region’s economic development and quality of life,” said Daryl Snyder, vice-president, economic development, Greater Louisville Inc. “The professional jobs the company offers mesh well with the important services they bring to the healthcare community. This is a win on every level.”
About KentuckyOne Health
KentuckyOne Health was formed when two major Kentucky health care organizations came together in early 2012. KentuckyOne Health combines the Jewish and Catholic heritages of the two former systems – Jewish Hospital and St. Mary’s Healthcare and Saint Joseph Health System. In late 2012, the organization formed a partnership with the University of Louisville Hospital James Graham Brown Cancer Center. The nonprofit system is committed to improving the health of Kentuckians by integrating medical research, education, technology and health care services wherever patients receive care. KentuckyOne Health has more than 200 locations including hospitals, physician groups, clinics, primary care centers, specialty institutes and home health agencies across the state of Kentucky and southern Indiana. KentuckyOne Health is the largest health system in Kentucky.
About MedSynergies Inc.
MedSynergies partners with health care organizations and physicians to align their operations by providing revenue cycle management, practice management, consulting services, business process analysis and software integration solutions. Leveraging its knowledge and experience in hospital-physician alignment, MedSynergies improves processes, optimizes technology and builds on trusted patient relationships, enabling hospitals and physician practices to offer quality health care. Founded in 1996, MedSynergies is privately held and headquartered in Irving, Texas. MedSynergies currently partners with hospitals and health networks and serves more than 9,300 providers across the United States. For more information, please visit www.medsynergies.com.
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