For Immediate Release
Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that on December 16, 2022, its portfolio company, Synergy IOM LLC (“Synergy”) recapitalized Premier Health Billing Services, LLC (“Premier”). Based in the San Diego area, Premier provides outsourced medical billing services, including billing, medical coding, A/R denials, insurance collections, credentialling, payor contracting, and group formation.
“We are excited to partner with Jason Rogers and his team, who have built an impressive organization that provides top quality service to their clients.”, said Terry Sisco, President of Synergy. “We look forward to utilizing their knowledge to further our internal processes at Synergy as well as help the team expand their services to new customers across the region.”
“Premier is excited to take our organization to the next level and unlock the numerous synergies between the two organizations”, said Jason Rogers of Premier. “We look forward to working alongside Terry and the rest of the team to build a top-quality organization focused on assisting healthcare providers with their various needs.”
Premier represents the third recapitalization by Synergy, which was recapitalized by Monument in November 2020.
About Synergy IOM, LLC
Founded in 2012, Synergy provides Intraoperative Neurophysiological Monitoring (IONM), or neuromonitoring for spinal, cranial, and pain management surgical procedures. The Company also continues to operate under the names of their prior acquisitions, Vigilant and Satellite.
About Monument MicroCap Partners, LLC
Monument is a Midwest-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.