Advantages of Outsourcing to MediSync
Strategic outsourcing allows a company to focus capital, talent and leadership on its core competencies. Outsourcing is a way to harness the creativity, capital and skills of sector specialists in areas that are vitally important but not core competencies.
MediSync is dedicated solely and exclusively to medical group management and performance improvement. For more than a dozen years our team has invested millions of dollars to research, create, implement and improve systems and processes that enabled our medical group partners to succeed well beyond the market and national averages.
Many medical groups – whether part of a health system, affiliated with a hospital or independent – struggle to find and maintain the resources to achieve these results.
The Cost and Rewards of Success
For more than a decade, MediSync has invested literally millions of dollars on:
- Black and Green Belt Six Sigma training for the majority of management personnel
- A Lean Six Sigma Master Black Belt consultant, full time on our team
- A team of 5-9 highly skilled, management-level team members without direct management responsibility available to be deployed to improvement projects
- 6-10 improvement projects per year covering practice operations, clinical care, EHR deployment
- Numerous “inventions” that have been tried and tested by our current partner medical groups. Many are now being re-sold to other medical groups and are reported to help other groups significantly
- Massive investments in the development of physician leaders to enable physician groups to achieve higher outcomes in all areas – clinical, financial and operational
The reward for all of this has been highly successful medical groups in which third-party compensation has increased 40% over several years, market-leading new patient volumes, high patient retention and financial success.
If we can do all this, another organization likely can, too. However, we have the advantage of a multi-year head start. We've already made a lot of the mistakes and discovered several roads to nowhere (often having traveled down them for a bit).
MediSync is headquartered in Cincinnati, Ohio, which is home to some of America’s best and most successful companies – Proctor & Gamble, GE’s Transportation including its jet engines business, Toyota’s North American headquarters, Kroger, and Macy’s. All of these companies have increased their success in part by using outsourcing strategies.
