Optum, a data services division of UnitedHealth Group Inc. announced it will acquire MedSynergies Inc., which provides physician practice management, revenue management, physician referral management and other business services to physician groups aligned with large health systems. Terms of the deal has not been disclosed and is subject to to regulatory approval and other customary closing conditions.
MedSynergies will provide Optum with innovative physician practice management capabilities that complement and advance the company’s focus on helping care providers improve patient care and outcomes, and reduce health care costs. In addition, MedSynergies’ proven revenue cycle management capabilities for physician practices will build upon Optum’s leading revenue management solutions for large hospitals and health systems. The combination will enable care providers across the care spectrum to improve financial performance, deliver better patient experiences and grow their practices.
The acquisiton will position Optum to integrate revenue management services, clinical analytics and clinical workflow tools to serve the needs of large, sophisticated health systems and their employed and affiliated physicians.
