SimplifyASC secures 'substantial investment' — 5 insights

Jumpstart Capital made a Series A investment in ASC EHR and practice management software developer SimplifyASC.

Here are five insights:

1. With the financing, SimplifyASC aims to "significantly" increase its ASC customer base in the coming months, according to CEO David Howerton.

2. Jumpstart made a "substantial investment" with confidence in the ASC marketplace opportunity, Jumpstart Capital Managing Director Dave Vreeland said.

3. Mr. Vreeland will join SimplifyASC's board of directors.

4. SimplifyASC, formerly known as CyramedX, aims to fulfill demand for easy-to-implement digital patient charting and practice management software in surgery centers.

5. SimplifyASC's enterprise platform features cloud-based clinical and business applications with reporting and analysis tools intended to help ASCs improve decision-making.

More articles on transactions/valuation:
Northside Hospital plans $29M outpatient surgery relocation — 4 facts
3 things to know about Sussex Vision Center's partnership with Blue Sky Vision
Erlanger won't fight denial of $9.8M ASC — 4 insights

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