Simione Healthcare Consultants and BlackTree Healthcare Consulting merge to form SimiTree Healthcare Consulting
Dedicated to advancing the post-acute industry, SimiTree will help companies ensure a healthy bottom line
with financial and operational consulting, outsourcing and talent solutions.
Simione Healthcare Consultants and BlackTree Healthcare Consulting announced on May 18 that the companies have joined forces to form SimiTree Healthcare Consulting. Led by the brightest minds in the industry, SimiTree will help post-acute healthcare organizations achieve clinical and financial excellence through consulting, outsourcing and talent solutions.
Simione and BlackTree ran parallel as successful companies leading the healthcare industry," said Bill Simione, previously Managing Principal at Simione, and now Managing Principal at SimiTree. "Now, our collective expertise, experience and resources as a united company, SimiTree, make us stronger together."
In addition to financial, clinical and operational consulting, SimiTree will offer clients a robust suite of services, including outsourced billing, coding and revenue cycle management; executive recruiting, interim staffing and other talent solutions; guidance through mergers and acquisitions; sales consulting and education; and data analytics.
SimiTree will continue to deliver the gold standard in consulting, outsourcing and talent solutions to home health, hospice, applied behavioral analysis, palliative care and other post-acute organizations. Connecting the right people and solutions together at the right time, SimiTree's customized approaches will meet each client's unique needs.
"SimiTree will uphold Simione's and BlackTree's commitment to going above and beyond to support our clients," said Nick Seabrook, previously Managing Principal at BlackTree, and now Managing Principal at SimiTree. "Not only will this merger mean more flexibility and resources for our clients, but it will provide more support and opportunities for our employees."
In addition to incorporating aspects of each of the former company names, the new name reflects the balance SimiTree brings to its clients. SimiTree aligns its teams, services and approach with clients' challenges to help them raise operational performance, realize clinical and financial potential, and improve the overall health of the organization.
The merger was led by Sean Dempsey and Chris McCrory at Sheridan Capital Partners, a healthcare-focused private equity firm that helps companies accelerate growth. With Sheridan's support, SimiTree will be able to invest more in its technology, services and teams to continue providing the best options in the industry.
"We are thesis-driven investors and have a lot of conviction in the long-term trends in the post-acute market," said Sean Dempsey, Partner at Sheridan Capital Partners. "We've long been impressed with the work of Simione, BlackTree, and their accomplished teams."
"is pleased to partner with SimiTree to support the new company as it scales, delivering a second-to-none experience to even more post-acute healthcare organizations," said Chris McCrory, Principal at Sheridan Capital Partners.
Brentwood Capital Advisors served as exclusive financial advisor to BlackTree and Simione, and Robinson+Cole served as legal counsel.
©2021 by Rowan Consulting Associates, Inc., Colorado Springs, CO. This article originally appeared in Home Care Technology: The Rowan Report. Click here to subscribe. It may be freely reproduced provided this copyright statement remains intact. firstname.lastname@example.org