Medical Synergy Collaboration with VS Diagnostics (VSD) and Healthcare Practice Sale (HPS)

Medical Synergy is working with VS Diagnostics (VSD) and Healthcare Practice Sale (HPS) to prove the hypothesis that integrating VSD into medical practices can significantly enhance their value, potentially increasing sale prices by $1 million or more. Medical Synergy seeks to recruit medical practices willing to incorporate VSD into daily operations. If successful, this strategy should position VSD for a company-wide sale exceeding $250 million.

Why Was VSD Chosen as the Ancillary?

VSD is a leading ancillary program in the medical field, playing a crucial role in saving lives while reducing hospital admissions. It has maintained a stable and reliable reimbursement structure for over 15 years, ensuring a sustainable revenue stream for participating practices. Additionally, medical necessity for testing can be established for a high percentage of patients, further reinforcing its value.

Roles & Responsibilities

Practice Responsibilities

Acquire the VSD system.
Complete VSD training and integrate a testing center within the practice with minimal disruption.
Use its best efforts to conduct an average of two patient tests per day, adhering to medical necessity guidelines.
Utilize VSD’s expert billing guidance to maximize reimbursements.
Establish a performance-tracking dashboard with HPS to monitor:

Number of tests conducted
Average reimbursement rates based on location
Projected increase in practice valuation from test volume

If interested in selling, provide HPS with necessary documentation for practice profile creation.

VSD Responsibilities

Practice Responsibilities

Deliver comprehensive training for seamless testing implementation.
Assist with billing, patient identification, and education while offering 24/7 customer support.
Collaborate with HPS to provide real-time data on test volume and projected reimbursements. Only aggregate test numbers will be shared with HPS; patient information remains confidential.

HPS Responsibilities

Medical Synergy Responsibilities

Develop a personalized dashboard for each participating doctor, offering real-time insights into:

Number of tests conducted
Projected reimbursement rates by region
Estimated increase in practice valuation based on testing activity

Facilitate the sale of practices for interested participants, with no obligation to sell.
Create and anonymously list practice profiles for potential buyers if the doctor decides to sell.

Medical Synergy Responsibilities

Act as the central coordinator, ensuring smooth collaboration among all stakeholders.
Implement security measures to protect participants, ensuring they can opt out without financial loss.
Share a portion of proceeds from the eventual VSD sale with participating doctors based on pre-agreed percentages.
Work with HPS and VSD to ensure collected data is presented to prospective buyers.

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