What it does: Provides healthcare organizations and physicians with revenue-cycle management, practice-management and other consulting services.
How it grew: MedSynergies' growth has come from the company's evolution from strictly providing revenue-cycle management to becoming a partner for major healthcare organizations by providing physician alignment, building-management services and establishing population health initiatives.
“There's no doubt the company's growth has been driven in part by healthcare reform, but also by a solid understanding of the business needs required by hospitals and health systems to address the key stages in building a new healthcare delivery model,” company spokeswoman Ariel Herr told Modern Healthcare in an e-mail.
The company currently serves more than 7,400 providers in the U.S., and in 2011, MedSynergies processed 11 million patient visits through its systems.
Location: Irving, Texas
Top executive: CEO John Thomas
Number of employees: 618
Annual revenue (2011): $92.1 million
Revenue growth (2006-11): 498.1%
Website: medsynergies.com
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