Catholic Health Initiatives and Irving-based MedSynergies have formed a new management-services organization, charged with delivering key business functions and physician-management services under a centralized, national organization.
The new group, Catholic Health Initiatives Physician Services, will give CHI’s providers access to a centralized model, delivering services including revenue-cycle management, patient referral and scheduling solutions, practice analytics, and practice management. CHI partnered with MedSynergies, a developer of physician-management services organizations, to provide key services within the MSO. Processing nearly 12 million patient visits a year, MedSynergies handles more than $1 billion in billing and collections for its more than 8,000 providers.
“This new joint venture with Catholic Health Initiatives demonstrates a shared commitment to deliver the best health care for the patients served by their physicians nationwide,” said MedSynergies CEO J.R. Thomas. “This relationship will provide services that drive operational and financial results for the physician organization, which positions them for long-term success in a rapidly changing health care landscape.”
Catholic Health Initiatives Physician Services will offer the resources to create a sustainable ambulatory environment for successful healthcare in the communities served by CHI, the nation’s third-largest faith-based health system.