|By Business Wire||
|June 25, 2014 01:05 PM EDT||
MedSynergies Inc. and Sentara Healthcare, a non-profit health system serving Virginia and northeastern North Carolina, today announced MedSynergies will deliver physician management and business services as part of the companies’ joint-venture management services organization (MSO), Aleta Health. Through Aleta Health, MedSynergies will help physicians manage their practices so they can focus on delivering quality health care to their patients.
“Physicians today should be able to concentrate on keeping their patients well rather than having to dedicate valuable appointment time to day-to-day business functions,” said Stephen Porter, corporate vice president, Northern Virginia, Sentara Healthcare. “Working with MedSynergies allows us to collaborate with physicians’ practices to expand our collective community health initiatives while delivering on our mission of exceptional patient care.”
Physicians affiliated with Aleta Health will have access to the MedSynergies MSIGHTTM solutions suite, which optimizes operations and provides meaningful information and analytics to help health care providers make more informed decisions. Physicians will use MSIGHT for patient outreach, referral and scheduling, revenue cycle management, human resources, as well as reporting and analytics.
By standardizing many of these functions and using best practices, Aleta Health physicians will improve productivity and efficiency, lower costs and have more time to dedicate to a comprehensive care model for patients. Once the phased implementation is complete, MedSynergies will provide these services to approximately 250 physicians in Northern Virginia.
“This MSO model gives physicians access to a wealth of valuable services while still allowing their practices to remain financially independent,” said James Dye, chief development officer, MedSynergies. “This agreement expands the MedSynergies footprint into Virginia and allows our teams to combine experience with a proven solution to improve practice operations while driving revenue growth.”
As a national leader in developing and operating physician management services organizations, MedSynergies processes nearly 12 million patient visits each year and handles more than $1 billion in billing and collections for its 8,000-plus providers nationwide.
About Sentara Healthcare
Sentara Healthcare celebrates a 125-year history of innovation, compassion and community benefit. Based in Norfolk, VA, Sentara is a diverse not-for-profit family of 12 hospitals, an array of integrated services and a team 28,000 strong on a mission to improve health every day. This mandate is pursued through a disciplined strategy to achieve Top 10% performance in key measures through shared best practices, transformation of primary care through clinical integration and strategic growth that adds value to the communities we serve in Virginia and North Carolina. For more information, please visit www.sentara.com.
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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