Saunders said Synergy wouldn’t suffer should those cuts be put into effect because the type of care his company provides wouldn’t be affected. Synergy launched amid talk of cuts to Medicare’s reimbursements for at-home services next year. The 3,500-square-foot space is home to the company’s offices and pharmacy. Synergy is headquartered at 1504 Santa Rosa Road, Suite 116 in Henrico County. “The reason we’re able to deliver such a comprehensive team is that these folks consume a lot of health care resources,” Saunders said. The high cost associated with the company’s target customers has allowed it to build out a large team to facilitate its care. Saunders said that the annual medical costs for the people Synergy caters to is about $20,000 to $60,000. Synergy accepts major Medicare Advantage plans for most of its services, except for the services of in-home care aides. In addition to in-home service, Synergy also operates in independent living and assisted living homes. Saunders’ elderly parents are also patients, and he said their frustrating experience with medical care in a senior living facility was also a motivator for the concept. Synergy has about 150 patients, half of whom came by way of the acquisition. Synergy was also able to leverage the personal care agency’s existing clients to form the core of its current patient roster. Synergy filled out most of its ranks through the acquisition earlier this year of Petersburg-based personal care agency Adult Healthcare Solutions. The rest of the team includes a half dozen nurses, a couple pharmacists, a physician and an operations team of about 10 people. Fifty of them are personal care aides, who handle things like cooking and bathing for customers. Saunders said the company has 80 employees. We’re taking advantage of those programs because we understand how Medicare works,” he said. “Post-COVID Medicare has rolled out several new programs intended to keep people in the home and those programs haven’t been widely adopted. Saunders said Medicare now offers more coverage for in-home services and that shift helped motivate his decision to launch the company. Synergy looks to capitalize on pandemic-inspired changes in how Medicare works for home-based health care. health care system is dysfunctional for seniors with chronic conditions and complex medication regimens.” One of the biggest barriers is feeling safe and getting quality health care because the U.S. “People want to age in place in their home. At that age, what causes folks to have a negative change in condition is dehydration, urinary tract infections, heart failure and falls,” Saunders said. On October 30, the Commission dismissed the administrative complaint.“You don’t need rocket-science care, you need good primary care. On Septemthe district court denied the FTC motion for a PI. The Commission alleged that the challenged acquisition would eliminate likely future competition between Steris’s gamma sterilization facilities and Synergy’s planned x-ray sterilization facilities in the United States, thus depriving customers of an alternative sterilization service and additional competition. According to the FTC, it is unlikely that new competitors in the market for contract radiation sterilization services would replicate the competition that would be eliminated by the merger. The Commission also authorized agency staff to seek a temporary restraining order and preliminary injunction in federal court to maintain the status quo pending an administrative trial on the merits. The FTC issued an administrative complaint charging that Steris Corporation’s proposed $1.9 billion acquisition of Synergy Health plc would violate the antitrust laws by significantly reducing future competition in regional markets for sterilization of products using radiation, particularly gamma or x-ray radiation. About the FTC Show/hide About the FTC menu items.News and Events Show/hide News and Events menu items. ![]() ![]() Advice and Guidance Show/hide Advice and Guidance menu items.Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.
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