Skip to main content

symplr

Hospitals Lose 86 Minutes Daily to Admin Work AI Could Cut

Hospitals Lose 86 Minutes Daily to Admin Work AI Could Cut

Houston – October 13, 2026 -- Healthcare professionals spend an average of 86 minutes a day on administrative tasks they believe AI could eliminate or significantly reduce, according to the fifth annual Compass Survey from healthcare operations software provider symplr. Directors and managers report 106 minutes a day, roughly a fifth of the workday.

Core hospital processes remain largely manual

Between 40% and 46% of clinicians, operations and IT respondents describe credentialing, contract management, workforce scheduling and supply chain management as fully manual. Only 2% to 6% call these processes fully automated.

symplr Secures $280M Refinancing, Extends Debt Maturities to 2031

symplr Secures $280M Refinancing, Extends Debt Maturities to 2031

Houston – October 06, 2026 -- symplr has secured commitment letters for a refinancing package that delivers approximately $280 million in new capital and pushes out key debt maturities, with the transaction expected to close by the end of October.

Refinancing pushes first-lien debt maturity to December 2030

The deal extends the maturity of symplr's first-lien term loan and revolving credit facility to December 2030, while its second-lien term loans will now mature in June 2031. The enterprise healthcare operations software provider said the extended timeline reduces near-term cash interest requirements and strengthens liquidity.