HGP Advises symplr in Acquisition of PhyndJanuary 25, 2021
symplr, a leading global healthcare governance, risk management, and compliance SaaS platform, backed by Clearlake Capital Group, L.P. and SkyKnight Capital, signed a definitive agreement to acquire Phynd Technologies. The combination of symplr and Phynd expands the healthcare industry's leading end-to-end GRC platform of scale by enhancing symplr's provider data management offering to enable management of a provider's profile, location, clinical expertise, health plan and network participation, and programs. symplr's provider data management SaaS platform will now offer hospitals, health systems, and health plans an industry-leading pathway for leveraging symplr's credentialing and privileging data in several patient-facing applications, including provider directory, provider search, digital front door, and provider scheduling.
"We're very excited to welcome Phynd to the symplr family," said BJ Schaknowski, CEO of symplr. "Their SaaS solutions will integrate with our provider software solutions to create an unmatched end-to-end provider data management platform for hospitals, health systems, and payers. This addition will deliver unparalleled value to our customers."
To read more, visit the press release here.