MedSynergies Inc., a leading provider of healthcare revenue cycle services and technology, including advanced analytics and reporting platforms, announced a three-year agreement with The CORE Institute (CORE), a private medical practice with offices throughout Arizona providing a wide-range of world-class orthopedic services, to provide revenue cycle services to manage growth, leverage GE/IDX Groupcast(R) technology and allow physicians to focus on the clinical aspect of the business.
Designed to increase accuracy and convenience for patients at its nine locations throughout Arizona, MedSynergies’ services will support its existing locations and assist CORE’s expansion with new clinics opening in underserved markets in Phoenix. Specifically, MedSynergies will allow physicians to focus on patient care by providing services including:
— Payment processing
— Self-pay collections
— Denial management
— Business analytics
— Accounts receivable follow-up
— Database management
— Credentialing
— Consulting services
“With our four-year anniversary this January, we look forward to implementing MedSynergies’ revenue cycle management services to support our patients and physicians throughout Arizona,” said John Emgerholm, chief financial officer of The CORE Institute. “We are continuing to grow in the Phoenix area, and this partnership will help us increase clinical quality through better customer and payment services, timeliness and accuracy of statements. In addition, its highly trained professionals will offer a deeper level of understanding to better serve our patients.”
MedSynergies’ unique offerings provide critical operational analysis, technology and services, enabling revenue improvements in 57 specialties. Its expertise in a broad range of specialties will be key to the success of CORE’s financial plan as its group of more than 30 specialty trained physicians focus purely on orthopedic medicine.
“CORE has a history of commitment to clinical excellence, and we are pleased that they selected our solutions to achieve the same commitment to excellence in their financial management and patient services,” said John R. Thomas, president and CEO of MedSynergies. “We are excited about partnering with CORE and enabling its physicians to focus on what they do best – provide patients with the highest quality orthopedic medicine in Arizona.”
About The CORE Institute:
The Center for Orthopedic Research, also known as The CORE Institute(R) was founded in 2005 to fulfill a vision of orthopedic excellence encompassing the entire spectrum of orthopedic sciences. With over 30 physicians on staff in six clinic locations, The CORE Institute pioneers orthopedic research and development that advances orthopedic knowledge to combine cutting edge technology and excellence in patient care. CORE surgeons are from the top of their medical schools and residency classes and all are sub-specialty trained. Their clinical and research team is dedicated to pioneering research that expands orthopedic knowledge and continues to deliver state-of-the-art care. For more information, visit www.thecoreinstitute.com.
About MedSynergies Inc.:
MedSynergies is a privately held provider of revenue cycle and practice management solutions, consulting services, business process analysis and software integration that improve the daily operations of healthcare organizations, including solutions tailored to the GE/IDX Groupcast and GE Centricity billing environments. MedSynergies operates in 37 states, supports more than 3000 providers in 55 specialties and is dedicated to enhancing the strategic, financial and operating environment of physician clients, MedSynergies serves clinics, hospitalists, specialty medical groups, healthcare billing organizations and ambulatory surgical centers, nationwide. MedSynergies evaluates and implements enhanced processes and information systems that increase the overall quality of the physician practice and central billing office environment through improved billing and collections, reduced costs and operational advisory services. Founded in 1996 and based in Irving, Texas, MedSynergies has approximately 223 employees in five offices across the United States. More information on MedSynergies is available at www.medsynergies.com.
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