SYNERGEN Health Partners with Compass Surgical to Enhance Financial Operations for ASCs

Introduction

In a significant move aimed at improving financial efficiencies in healthcare, SYNERGEN Health has announced a strategic collaboration with Compass Surgical Partners. This partnership seeks to transform the financial operations of ambulatory surgery centers (ASCs) across the country, ensuring that these facilities can scale confidently while maintaining high standards of care.

The Nature of Collaboration

SYNERGEN Health, recognized for its expertise in revenue cycle management (RCM), has been selected as the end-to-end RCM provider for Compass. The initial rollout of this collaboration is already active across seven ASCs, with additional centers expected to join by the year’s end. By leveraging SYNERGEN's technology-driven financial solutions, Compass aims to streamline its administrative processes, reduce operational burdens, and enhance financial visibility.

The Benefits of Partnership

This alliance is more than just a functional collaboration; it represents a shared vision of success and excellence in patient care. Emily McCarthy, Senior Vice President of Enterprise Operations at Compass Surgical Partners, articulated the importance of this partnership, stating, “SYNERGEN brings the innovation, expertise, and scalability we look for in a provider.” This is especially crucial as Compass expands its national footprint.

The nature of this collaboration allows ASCs to simplify their operations. SYNERGEN Health utilizes advanced tools powered by artificial intelligence and real-time analytics, which not only optimize revenue collection but also reduce costs by as much as 30%. These enhancements are vital for ASCs looking to remain competitive in a rapidly evolving healthcare landscape.

Tailored RCM Services for ASCs

The services provided by SYNERGEN Health will be customized to address the specific needs of ASCs, focusing on maintaining compliance while facilitating growth. The administrative ease that this partnership promises will enhance the operational capabilities of Compass-managed facilities, enabling them to deliver high-quality outpatient care without overextending their resources.

Notably, through data analytics and automation, the collaboration anticipates boosting revenue generation for these facilities by up to 25%. The objective is clear: to provide ASCs with a scalable, compliant platform that allows them to focus on what truly matters — patient care.

A Shared Mission

Mel Gunawardena, Managing Partner at SYNERGEN Health, emphasized the core values that underpin this partnership: service, teamwork, and accountability. These shared principles reinforce their commitment to transforming the healthcare sector for the better. “We are proud to be the revenue cycle provider of choice for Compass Surgical Partners,” said Gunawardena.

Together, these two organizations are working toward creating a robust operational and financial structure. This structure is essential for ASCs to not only operate effectively but also to thrive amidst the challenges of today's healthcare environment.

Conclusion

SYNERGEN Health and Compass Surgical Partners’ collaboration highlights a proactive approach to addressing the challenges faced by ambulatory surgery centers. By uniting their strengths, the two organizations are paving the way for a future where ASCs are not only efficient in financial operations but are also able to provide exceptional outpatient care to their communities. Their ongoing efforts will undoubtedly shape the landscape of healthcare delivery and strengthen partnerships between healthcare providers and patients alike.

For more information about SYNERGEN Health and its innovative solutions, visit synergenhealth.com. Similarly, to learn more about Compass Surgical Partners and their commitment to improving ASC operations, check out compass-sp.com.