The merger will enhance and expand services for existing clients of both organizations through best-in-class, cloud-based technology solutions for patients and clinicians
NASHVILLE, TN, May 4, 2021 —
HST Pathways today announced a merger with innovative technology provider Simple Admit, LLC, as part of the HST Pathways offerings. The cohesive integration of Simple Admit with HST Pathways will offer clients an immediate, strong return on investment through enhanced patient communications, workflow efficiencies, and collections.
HST Pathways has more than 15 years of experience in cloud-based ASC software development. This merger falls on the heels of HST Pathways’ launch of “HST One,” and “HST One+” a premier membership-based SaaS platform that encompasses the full life cycle of a surgical case, including the physician office, surgery center, and pre- and post-surgery patient experience. For more than a decade, Simple Admit has crafted industry-leading software solutions that connect patients with Ambulatory Surgery Center (ASC) staff through user-friendly online services that improve efficiencies, communication, and cost savings from pre-admissions through post-op care.
“Simple Admit has enjoyed a great relationship with HST Pathways for several years since we first began aligning with the company on our client offerings,” said Dan Coholan, CEO of Simple Admit. “We are confident our combined solutions will have a transformative effect on revenue cycle management, the patient experience, and case volume. Together, the products and services of our companies provide a best-in-class wraparound approach to outpatient surgery that is unparalleled in the market.”
Multiple Simple Admit solutions will be included with the HST Pathways offerings, providing clients with an all-encompassing suite of patient-relationship management services, including an industry-leading online pre-op admission service; an embedded way for patients to review and pay their financial responsibility prior to their surgery date; and a full-service patient registration process conducted by Simple Admit’s top-rated Patient Engagement Center.
“Today’s patients are increasingly expecting a more intuitive, easy-to-navigate process related to their procedure, and that experience impacts their overall quality assessment of their outpatient surgery,” said CEO & Founder of HST Pathways, Tom Hui. “The patient experience at an ASC is a big differentiator to other surgical settings. Enhancing HST Pathways’ patient engagement features through the addition of Simple Admit’s solutions will make it easy for ASCs to improve their patient experience without straining their financial resources or clinical staff.”
The addition of Simple Admit is the latest in HST Pathways’ rapid growth over the past year, building upon the November 2020 growth investment from Bain Capital Tech Opportunities and Nexxus Holdings, merger with industry partner Casetabs, and second consecutive recognition on the Inc. 5000 list.
“Enhancing patient engagement and experience is paramount to HST Pathways’ goal of building the premier, all-encompassing software solution for the ASC industry,” said Darren Abrahamson, a Managing Director of Bain Capital Tech Opportunities. “To that end, Simple Admit has perfected a model that is revered by both patients and ASC customers and highly complementary to our current product set.”
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About HST Pathways. HST Pathways, a Bain Capital Company, is the leading provider of a suite of products under the “HST One” membership offering, including practice management software, physician office scheduling, care coordination, revenue cycle optimization, enterprise supply chain management, case costing, patient engagement and communication, an electronic health record system, and data analytics. See why more than 1,300 clients are choosing HST Pathways by visiting www.hstpathways.com.
About Simple Admit. Simple Admit is a leading provider of automated patient relationship management solutions for surgery centers. The platform offers a customized suite of online services that provides a strong ROI, increased revenue, operational efficiencies, and cost savings from pre-admissions through post-op care. Simple Admit’s full suite of patient-centric services improve patient safety and satisfaction. www.simpleadmit.com
About Bain Capital Tech Opportunities. Bain Capital Tech Opportunities www.baincapitaltechopportunities.com aims to help growing technology companies reach their full potential. We focus on companies in large, growing end markets with innovative or disruptive technology where we believe we can support transformational growth. Our dedicated, tenured team has deep experience supporting growing technology businesses—bringing together differentiated backgrounds in private and public equity investing, as well as technology operating roles. We invest behind fundamental long-term tailwinds as technology penetrates across industries, creating a large and growing number of investment opportunities. Bain Capital Tech Opportunities focuses on five priority sub-verticals: Application Software, Infrastructure & Security, Fintech & Payments, Healthcare IT and Internet & Digital Media.