SYNERGY FRANCHISING
Align Yourself with Experience
Welcome and thank you for considering Synergy Healthcare Resources in your search for business and franchise opportunities.
If you’re the type of person who enjoys the healthcare industry, working in your community and solving problems then a Synergy franchise could be for you.
Our franchise owners are dedicated and passionate about the business they are in. They develop their own financial independence and security, fulfill their entrepreneurial desires, earn what they're worth, build equity in their businesses, control their own futures and feel an overall sense of pride, satisfaction and accomplishment working within their community while being a part of Synergy's dedication to excellence in service. |
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Be in Business for Yourself, but not by Yourself
As a Synergy franchise owner you become part of the success and history of this exciting company, while maintaining your independence and fulfilling your entrepreneurial desires. What’s more, the corporate infrastructure of our industry driving, successful company is your resource. Synergy provides continuing advisory and operational assistance, advertising & promotional plans, written communications and software applications that keep you connected to the corporate network. This means you eliminate many operating costs associated with running your business and can stay focused on developing and growing your business. |
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A Winning Team
Synergy is very selective about the candidates it considers to be potential franchisees. It’s an exciting, rewarding challenge that requires special individuals, and as a result the rewards are quite wonderful. Before entering into any franchise agreement, ask yourself, “is this the right thing for me?” We ask ourselves the same question when considering a potential franchisee owner. The key is to work together as a team to build a mutually beneficial, profitable and lasting business relationship. So to protect our Synergy name and franchise owners, we employ a carefully researched selection process with the ultimate goal of establishing a valuable and productive business partnership. |
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Synergy works to empower entrepreneurs to achieve their business potential. With Synergy, you will live the dream of business ownership while reaping the rewards of our resources, knowledge & experience and firm position as the industry leader in the healthcare medical billing industry.
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Unparalleled Support
As a Synergy franchise, you will be equipped with extensive training, information and support programs needed to start your business off strong. Plus, you’ll enjoy the reputation of an industry leader with the expertise and experience needed to deliver service excellence.
As a Synergy owner, you receive the resources and support you need to hit the ground running. Our services enable you to stay ahead of the game-training, mentoring, marketing, billing, invoicing, technology services, software, financial assistance and business consulting. |
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And through Synergy’s dynamic owner community alliance, you can dive into idea sharing, advice and successful strategies.
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A High-Growth Industry
Healthcare is the nation’s leading industry with over $1.9 trillion in average annual spending (‘05). The healthcare industry is also recession-proof as healthcare services are necessary and viable in both good and bad economic times. Insurance and patient billing services; as well as, other practice management goods and services are not dependent on the economy. Health insurance is constantly witnessing more and more changes, and getting claims paid correctly requires more specialization, education and due diligence. |
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“Healthcare is operating under a growing strain to serve more patients, cut costs and maintain-and demonstrate-quality of care. We are likely to see more focus on a transformation in business processes and operations in the coming year as hospitals and networks confront these challenges. And the leaders, those who get out front, will raise the bar and create a more competitive environment among healthcare providers.”
Dee Balle, America’s provider care sector leader
In the interest of improving quality and reducing costs, healthcare payors, including Medicare, are looking to incentivize doctors and hospitals based on quality and safety performance. Which in turn, is more reason for physicians to maintain awareness regarding their billing and revenue cycle practices. With Medicare’s ever changing policies and regulations, federal mandates and laws regarding Information Privacy and Security, physicians are turning to professional assistance for their billing and revenue cycle management. The convergence of market pressures, public policy developments and cost recovery concerns in the healthcare provider sector will drive momentum for wider adoption of electronic records, improved efficiencies, greater transparency and new metrics for quality care.
Synergy franchise owners are able to tap into this exciting growth market by leveraging their expertise, credibility and knowledge base, amassed from our over 28 years of experience and leadership in the industry.
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Medical Billing Facts at a Glance
- Medical practices are spending over 25% of their gross revenue on back office services (billing, claims gross revenue on back office services (billing, claims processing), while the industry benchmark is 14%.
- With the aging baby boomer population expected to place unprecedented demands on the healthcare system, The U.S. Department of Labor predicts an additional 5.3 million healthcare employees will be needed by 2010 (2.2 million replacements, 3.1 million new positions.)
- A slice of ROI-CMS states that Medicare Part A & A slice of ROICMS states that Medicare Part A & B claims filed in ‘05 totaled just over $1 billion. With Medicare representing 40% of the US Healthcare market, non Medicare claims would total $1.5 billion. This translates to-Claims filed electronically at a rate of 75% equals 465 million new claims/ year. And with a $.73 savings/ claim this would equal $340 million.
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| Spending/Capita |
1998 |
2002 |
2003 |
2005 |
2013 |
| Health Care |
$637 |
$744 |
$788 |
$897 |
$1,391 |
| Retail |
$243 |
$305 |
$330 |
$392 |
$672 |
Represents out-of-pocket spending.
NHE = National Health Expenditures
GDP = Gross Domestic Product
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For additional information on becoming a Synergy Franchisee, or to contact a Synergy Franchising representative directly, click here.
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Synergy Franchising Corp.
1150 Eastport Drive • Suite C1 • Valparaiso, IN 46383
(800) 652-3500 • Fax: (219) 531-7540 |
