SimplifyASC Secures Series A Investment From Jumpstart Capital
NASHVILLE, Tenn. (PRWEB) August 20, 2018 -- SimplifyASC, developer of EHR and practice management solutions specialized for the ambulatory surgery center (ASC) market has announced a Series A investment from Jumpstart Capital. Dave Vreeland, Managing Director of Jumpstart Capital, will join the Board of Directors.
The financing will fuel SimplifyASC’s growth and accelerate its market penetration. 30% of US healthcare spend is allocated to surgery and ASCs significantly outperform hospitals on a cost basis. Roughly 75% of ASCs still chart patient / case data on paper. ASCs currently demonstrate significant demand for easy-to-implement digital patient charting and practice management solutions that minimize the need to learn new systems, save time, accelerate reimbursement, and improve accuracy.
The SimplifyASC enterprise platform represents a quantum leap in operational efficiency and data management. Its cloud-based, fully-integrated clinical and business applications combined with advanced reporting and analysis tools help all levels of the ASC organization to make better, more timely decisions.
"We are thrilled to make a substantial investment in SimplifyASC. I've gotten to know CEO David Howerton and his team over the past year and believe strongly in the people, the vision, and the remarkable opportunity in the ASC marketplace,” says Dave Vreeland, Managing Director of Jumpstart Capital.
According to CEO Howerton, “Jumpstart Capital's investment approach and hands-on guidance make the firm the ideal partner for our next stage of growth. The timing couldn’t be better to have Dave join our board; his broad based provider IT experience will be invaluable to SimplifyASC as we look to increase ASC customer base significantly in the coming months."
About SimplifyASC
SimplifyASC is a nimble, forward-thinking software development company intent on changing the way ASCs manage their business. We believe that compliant, scalable systems can and should be developed to be simple for the end-user to learn and use without sacrificing sophistication and modern functionality.
About Jumpstart Capital
Based in Nashville, Jumpstart Capital is a unique healthcare growth capital platform focused on identifying, funding, and supporting high growth, innovative healthcare companies across the United States. Leading companies funded by Jumpstart Capital include: Healthy Bytes, Pillsy, Reemo Health, Menud, Higi, and Life Detection Technologies. For more information, visit http://www.jscap.co
Dave Vreeland, Jumpstart Capital, http://jscap.co, +1 (615)335-5272, [email protected]
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