Working with MediSync

A physician group that partners with MediSync has its own physician leadership including officers and a Board of Directors.

MediSync assigns one or more senior executives and managers exclusively to each group. Some services are supplied by our central team. Our range of services is all inclusive - we take total management responsibility for the success of the group, and we report to the Board and physicians on our performance.

It takes a lot of expertise to make a physician group highly successful in today’s healthcare economy. In the end, we mark our success based upon whether our partner medical groups are more successful with our help than before. This is measured financially, operationally and clinically. The value we add to the physicians is greater than the cost of our services.

When partnering with MediSync, our comprehensive management partnership obligations include:

• The senior MediSync team member assigned to your group becomes the Executive Director of the group. S/he reports to your physician President and Board of Directors. The Executive Director consults in the development of strategy for your medical group. The Executive Director is responsible for tying together all the aspects of management for the group.
• MediSync provides a highly trained and experienced senior clinical manager(s) to oversee practice operations for each 20 to 30 physicians. Called “Directors of Practice Operations” they often hold both clinical and MBA degrees. They directly supervise the site or practice managers at each medical office.
• MediSync provides all the central computer servers and software to perform the scheduling, billing and collections. In addition, we provide the staff to perform the billing and collections, and we pay all fees related to claims submission, claims follow-up, electronic filing, etc.
• MediSync provides accounting staff, covering the costs of staffing all your group’s accounts payables, financial statements and other financial analyses. In addition, we provide highly detailed monthly and annual financial and accounting reports.
• MediSync provides marketing and communication services. This includes the opportunity for us to create a website for each group and to develop a plan to help the group become #1 in its market.
• MediSync provides the central server and software for an electronic medical record (EMR). We also provide the training and assistance that is necessary for successful implementation of an EMR.
• MediSync provides the information systems infrastructure and the team of professionals that run it. This includes a network connecting all the offices and the billing system, e-mail, web services, the EMR to its central server, computer support, etc.
• MediSync provides high levels of financial analysis by experts who are highly experienced in evaluating and negotiating contracts with payers, creating budgets and pro formas, etc.
• MediSync has significant experience and expertise in building or renovating offices, when that becomes necessary.
• MediSync offers corporate purchasing programs to lower the cost of purchased goods and services.
• As a group grows MediSync has experts that develop and/or manage ancillary services like imaging, lab, Physical Therapy, diagnostics, etc.
• MediSync staffs and coordinates physician recruiting in conjunction with the physicians in your group, should that need arise.

Updated - May 05, 2006 (PM)