Beach Blanket Entrepreneurship: Synergy Billing

Synergy Billing-01

Daytona Beach typically conjures up images of spring breakers in swimwear and NASCAR races. Yet if Jayson Meyer has his way, this Florida coastal city will also become renowned for being an entrepreneurial hub.

Meyer is the 33-year-old CEO of Synergy Billing LLC, which provides revenue cycle management services to community health centers. Launched in 2006, the company ended 2015 with more than $8 million in annual revenue and nearly 100 employees. Growth has been particularly strong in the past three years, and Meyer aims to keep up the pace: By 2020 his goal is to have 500 employees and $25 million in annual revenue.

A precocious entrepreneur, Meyer started his first business at age 14 when he opened a booth at a local flea market to repair and build customized computers. After attracting many doctors as clients, he developed software to improve their revenue collection. Although this wasn’t the killer app Meyer hoped for, it led him to a nichier market — federally qualified health centers (FQHCs) and the launch of Synergy Billing.

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