BUSINESS NEWS

HST Pathways, SYNERGEN Collaborate to Enhance RCM Services for ASCs

SEPTEMBER 5, 2024

HST Pathways, a cloud-based software solutions company for ASCs, has established a partnership with SYNERGEN Health, a provider of technology-enabled revenue cycle management (RCM) services, according to a release. This partnership is designed to provide ASCs with a fully integrated revenue cycle solution, combining the strengths of HST’s ASC-specific software with SYNERGEN’s comprehensive end-to-end RCM services. This integrated solution will help centers get paid faster, increase overall cash collections and decrease bad debt.

“By expanding our partnership with SYNERGEN Health, we are not only enhancing the capabilities of our software but also providing our clients with a seamless, integrated solution that addresses both operational and financial challenges,” said David Thawley, chief executive officer of HST Pathways, in the release. “SYNERGEN is currently processing over 2 million claims per month, so they have a proven model for scale. We are excited to combine our RCM expertise to help ASCs achieve stratified performance and proactive operations.”

This collaboration is set to elevate ASC performance by providing accurate, real-time financial data, reducing errors, and increasing the speed and accuracy of billing processes, according to the release. The integrated approach will enable ASCs to focus more on patient care, knowing that their financial and administrative processes are handled with precision.

“By partnering with HST Pathways, we are combining our collective expertise and best-in-class technologies to deliver changed value to ASCs,” said Mel Gunawardena, cofounder and managing partner of SYNERGEN Health, in the release. “Financial outcomes play a significant role in the overall patient experience, and together, we aim to redefine standards for RCM and practice management in the ASC industry.”