Ziegler Advises Greenlight Medical On Its Acquisition By Symplr – Benzinga – Press Release


CHICAGO, March 22, 2022 /PRNewswire-PRWeb/ — Ziegler, a specialty investment bank, is pleased to announce it served as exclusive financial advisor to GreenLight Medical (GreenLight), a leading healthcare supply chain management software provider, on its transaction with Symplr, a provider of enterprise healthcare operations solutions.

This combination creates a leading provider of integrated healthcare cost management solutions as GreenLight’s platform will seamlessly assimilate into Symplr’s existing spend management offering. It also builds on the recent successful partnership between GreenLight and Symplr through their collaboration utilizing Symplr’s vendor credentialing solution, which launched in August 2018. The acquisition is a key next step in Symplr’s goal to address the full spectrum of health systems’ operational requirements with tech-enabled solutions. By leveraging Symplr’s Hayes clinical evidence software solution and GreenLight’s proprietary platform, the combined entity will offer one of the industry’s most comprehensive value analysis tools.

GreenLight Medical streamlines the introduction and evaluation of new medical technology and equipment by hospitals, ambulatory surgery centers, and physicians in collaboration with healthcare suppliers such as medical device companies and medical sales representatives. Not only does GreenLight accelerate the procurement process for healthcare organizations, but it also ensures informed decisions are made by allowing providers to access the latest clinical research on devices and equipment in a simple interface. GreenLight has been recognized as the Nashville Healthcare Startup of the Year, the Nashville Small Business of the Year, the Nashville Best in Business Winner, and a Nashville Tech Company of the Year finalist in addition to other accolades.

Symplr offers an array of solutions to fulfill the diverse needs of healthcare organizations. Symplr’s solutions are employed in 9 out of every 10 U.S….