SIS Enhances Offerings with Acquisition of Surgical Notes
Enhancing Revenue Cycle Management (RCM) Services to Meet Growing Customer Demand
Surgical Information Systems (SIS), the leading provider of business and clinical surgical software for ambulatory surgery centers (ASCs), is thrilled to announce its latest acquisition of Surgical Notes. This strategic move is designed to elevate SIS's capabilities in revenue cycle management and provide advanced support to ASCs.
The acquisition aligns perfectly with SIS' mission of empowering ASCs to Operate Smart™. By incorporating Surgical Notes' specialized expertise in transcription, coding, and RCM, SIS is better equipped to meet the increasing demand for advanced services in the ASC market.
Outsourcing RCM has become a necessity for many ASCs struggling with staffing challenges and the complexities of billing. With technological innovations at its core, SIS plans to combine its advanced technology-driven solutions with Surgical Notes' targeted services, creating a suite of cost-effective and innovative offerings tailored specifically for surgical facilities.
In fact, SIS has been experiencing robust growth, with a remarkable five-year average annual growth rate of nearly 20% in its current RCM business. Tom Stampiglia, CEO of SIS, expressed his enthusiasm by stating, "Acquiring Surgical Notes enables us to further enhance our offerings and serve a broader customer base. Combining our existing product and service expertise with Surgical Notes' experience will help address the growing need for cost-effective solutions that can accelerate revenue cycles and improve financial health for ASCs."
Notably, Surgical Notes does not only bring billing and coding capabilities but also offers a state-of-the-art chart automation and document management solution known as ScanChart ASC. This further diversifies the SIS portfolio, enhancing its overall service spectrum.
Randy Bishop, CEO of Surgical Notes, remarked, "Joining forces with SIS, an industry software leader, is an achievement for ASCs, our customers, and our teams. SIS's comprehensive solutions offer surgical centers the flexibility to either utilize in-house staff technology or completely outsource their RCM needs, ensuring optimal efficiency and effectiveness."
Surgical Notes' billing platform is designed to integrate seamlessly with all leading ASC practice management systems, allowing SIS to extend its service offerings while leveraging advanced data analytics, business intelligence, and cutting-edge automation.
With this acquisition, SIS is excited about working alongside the talented team from Surgical Notes and their impressive customer base, which collectively empowers them to service over 2,700 ASCs and hospitals.
About Surgical Information Systems
For over 28 years, Surgical Information Systems has been committed to providing surgical care providers with the necessary software solutions to Operate Smart™. Their comprehensive ASC cloud solution includes ASC management, electronic health records (EHRs), and patient communication capabilities, while the SIS hospital perioperative IT suite encompasses OR scheduling, nursing and anesthesia documentation, patient tracking, charging, and analytics. The company's solutions have earned various accolades, including recognition as the Best in KLAS for ASC Software.
About Surgical Notes, Inc.
Surgical Notes stands out as the premier partner for revenue cycle management and billing services aimed at ambulatory surgery centers and surgical hospitals. With a specialized team possessing ASC-specific experience, they offer scalable billing, transcription, coding, and document management solutions that fully integrate with leading ASC practice management systems. The collaboration with Surgical Notes leads to immediate operational and financial improvements, setting industry benchmarks for performance.
Frequently Asked Questions
What is the significance of SIS acquiring Surgical Notes?
The acquisition allows SIS to enhance its revenue cycle management services and provide better support to ambulatory surgery centers.
How long has SIS been in operation?
SIS has been providing innovative software solutions for over 28 years, focusing on supporting surgical care providers.
What does the acquisition mean for ASCs?
The acquisition offers ASCs improved services and solutions that cater to their specific operational needs, further enhancing their financial performance.
What are some capabilities of Surgical Notes?
Surgical Notes specializes in RCM, transcription, and coding services, with leading chart automation solutions to streamline operations.
How does SIS plan to utilize Surgical Notes expertise?
SIS intends to bolster its existing technology-enabled solutions, optimize revenue cycles, and leverage advanced billing and coding skills from Surgical Notes.
