Citizens M&A Advisory served as the exclusive financial advisor to Simple Admit, a provider of automated patient relationship management solutions for surgery centers, on its merger with HST Pathways, a Bain Capital portfolio company and provider of cloud-based software focused on the ambulatory surgery center (ASC) space.
For more than a decade, Simple Admit has crafted software solutions that connect patients with ASC staff through online services. The combined HST Pathways and Simple Admit platform will aim to deliver an improved approach to outpatient surgery, transforming revenue cycle management, the patient experience and case volumes.
“We greatly appreciate the efforts made by Dominic Barakat, Justin Bentley and the entire Citizens team in bringing about a successful outcome for Simple Admit,” Dan Coholan, founder and CEO of Simple Admit, said. “Their knowledge of front-end patient access and workflow software, along with deep experience executing transactions in the sector, helped us find the perfect partner with whom to build a disruptive, wholistic platform focused on the ASC space.”
“We’re thrilled to aid Dan and his team in achieving a fantastic result with a great partner,” Bentley, who is a managing director at Citizens, said. “Simple Admit’s technology, in combination with HST Pathways, will provide ASCs and their patients with better experiences, connectivity and efficiencies.”