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symplr acquires SpinFusion

Press releases may be edited for formatting or style | August 19, 2021 Business Affairs Health IT
SANTA MONICA, Calif. and HOUSTON, Aug. 19, 2021 /PRNewswire/ -- symplr®, a global leader in enterprise healthcare operations including governance, risk management, and compliance ("GRC") SaaS solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Charlesbank Capital Partners, LLC1 ("Charlesbank"), announced today the acquisition of SpinFusion. SpinFusion, a healthcare scheduling software provider with a focus on physician scheduling, will join symplr's growing portfolio of workforce management offerings that enable healthcare organizations to better optimize staff. Terms of the transaction were not disclosed.

The Association of American Medical Colleges (AAMC) projects that the United States will face a shortage of between 54,100 and 139,000 physicians by 2033. That significant shortage of physicians will add additional strain on hospitals and health systems that are already under tremendous pressure to reduce costs and improve outcomes.

"Adding SpinFusion to our growing workforce management portfolio is particularly important given today's challenging healthcare environment," said BJ Schaknowski, CEO of symplr. "Physician demand far exceeds supply and optimal staffing logistics are essential to an organization's bottom line. SpinFusion's web and mobile staffing solutions enable physician schedules to be easily managed and viewed in real time for maximum productivity."
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symplr's workforce management SaaS solutions make it easier for healthcare organizations to hire, keep, optimize, and grow their entire workforce and improve provider workflow so that they run more efficiently. They empower organizations to make data-driven staffing decisions to help contain and manage labor costs, improve productivity, increase staff engagement, and positively impact patient outcomes. The addition of SpinFusion enables symplr to better address the unique and increasingly complex needs of physician scheduling. In doing so, physician schedules are optimized, and patient outcomes—and satisfaction—are improved.

"The release of our fifth-generation staffing logistics platform this year was built on our nearly two decades of experience and is positioned for a market paradigm shift. We are thrilled to join symplr, a true juggernaut in the healthcare technology space," said Matt Mendez, MD, Founder of SpinFusion. "Together, this combination creates a new class-leading option for healthcare enterprises. Finally, the patchwork quilt of inadequate technology can be replaced by one optimized platform with two equally important goals: better operations, better outcomes."

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