Texas Health Resources Organization for Physicians and MedSynergies Create Joint Venture to Offer Management Services to Physicians

New Engagement Approach with Healthcare Providers Leverages MedSynergies`
National Expertise to Provide Range of Support Services
DALLAS--(Business Wire)--
Texas Health Resources Organization for Physicians (THRP) and MedSynergies Inc.
have created a management services organization called Texas Health MedSynergies
(THM) that will offer physicians a range of office management and other business
services to support their practices. The new organization is a joint venture
between Texas Health Resources and MedSynergies, and it creates a new model for
engagement between physicians and hospitals.

As part of the agreement, MedSynergies will constitute the foundation of revenue
cycle management services, including technology, financial and patient services,
account resolution, analytical, human resource processing, accounting,
consulting services and credentialing.

"We believe collaboration among physicians, THRP and MedSynergies will provide
physicians with autonomy and daily operations that closely mirror private
practice, opportunities for enhanced compensation, a more stable practice
environment in a rapidly changing market and financial resources to support
growth," said Michael Stoltz, M.D., president of THRP. "MedSynergies has a
national reputation for physician management services and is headquartered in
North Texas. THM will offer physicians up-to-date, technologically advanced
capabilities for cost-efficient management of their practices. This is one of
the many new approaches Texas Health is taking to enhance engagement between
physicians and our hospitals."

"We are honored to be selected as the partner to help Texas Health develop this
new management services organization and look forward to our mutual success,"
said John R. Thomas, president and CEO of MedSynergies. "THM will offer
physicians an opportunity to work together to improve delivery of care to
patients and enhance quality through a continuum of care strategy. We believe
that this collaborative approach will address the quality needs of patients and
physicians in the community."

Stoltz added, "One of the goals of THM is to help physicians improve quality of
care by allowing them to spend more time with patients delivering care and less
time on the business side of their practices."

THM is expected to begin operations in early 2009.

About Texas Health Resources:

Texas Health Resources is one of the largest faith-based, nonprofit health care
delivery systems in the United States and the largest in North Texas in terms of
patients served. The Texas Health system of 13 hospitals includes Harris
Methodist Hospitals, Arlington Memorial Hospital and Presbyterian Healthcare
System, and a medical research organization. THR is a corporate member or
partner in six additional hospitals and surgery centers. For more information
about Texas Health Resources, visit www.texashealth.org.

About MedSynergies Inc.:

MedSynergies is a privately held provider of revenue cycle and practice
management solutions, consulting services, business process analysis and
software integration that improve the daily operations of healthcare
organizations, including solutions tailored to the GE/IDX Groupcast and GE
Centricity billing environments. Dedicated to enhancing the strategic, financial
and operating environment of physician clients, MedSynergies serves clinics,
hospitalists, specialty medical groups, healthcare billing organizations and
ambulatory surgical centers, nationwide. MedSynergies evaluates and implements
enhanced processes and information systems that increase the overall quality of
the physician practice and central billing office environment through improved
billing and collections, reduced costs and operational advisory services.
Founded in 1996 and based in Irving, Texas, MedSynergies has approximately 236
employees in five offices across the United States. More information on
MedSynergies is available at www.medsynergies.com.

HCK2 Partners for MedSynergies Inc.
Erin Groover, 972-716-0500, ext. 41
erin.groover@hck2.com
or
MedSynergies Inc.
Patti McCoy, 972-791-1224, ext. 1651
pmccoy@medsynergies.com
or
Texas Health Resources
Wendell Watson, 682-236-6963
wendellwatson@texashealth.org

Copyright Business Wire 2009