United Healthcare's shopping spree continues, as it acquires a Texas company with practice management, revenue cycle, physician referral management and other ambulatory-focused technology.
United's Optum is buying Irving, Texas-based MedSynergies, for an undisclosed sum.
The deal, Optum leaders say, will improve its practice management capabilities, helping its mission to lower outpatient costs while improving outcomes. At the same time, MedSynergies' provider-facing RCM tools will build upon Optum's revenue management technologies for large hospitals and health systems.
"MedSynergies is a proven innovator in helping physician practices improve performance, and shares our commitment to supporting care providers in continually elevating the quality of patient care in the communities they serve," said Optum Chief Executive Officer Larry Renfro, in a press statement.
MedSynergies hopes to enhance its services for large health systems across the country by offering more robust and customized tools to help practices manage patient panels and perform targeted patient outreach.
The deal will help Optum better integrate revenue management services and clinical analytics and workflow tools aimed at large health systems and their employed and affiliated physicians, officials say.
Meanwhile, Optum's analytics should offer physicians precise metrics to better understand their patients, allowing them to better target care delivery.
The alliance will help MedSynergies "help our care provider clients and partners successfully transform to meet the changing needs of the their patients, communities and practices," said J. R. Thomas, MedSynergies CEO, in a press statement.