Simplify Group Launches as Holding Company for Healthcare and Non-Healthcare Technology Portfolio; Announces Leadership Appointments

New corporate structure positions Simplify Healthcare and SimplifyX™ for accelerated growth; Mohammed Vaid transitions to Executive Chair; Vinay Nadig promoted to CEO of SimplifyX™.

AURORA, Ill.--(BUSINESS WIRE)--Simplify Group, a newly formed technology holding company, today announced its launch as the parent organization for Simplify Healthcare and SimplifyX™. The formation of Simplify Group marks a strategic milestone in the company's evolution, creating a unified structure to drive innovation and growth across its portfolio of healthcare payer and non-healthcare solutions.

As part of this announcement, Mohammed Vaid, the company's founder, transitions from CEO to Founder, Executive Chair, and Chief Solution Architect of Simplify Group. In this role, Mohammed will focus on strategic direction, product architecture, and ensuring continued innovation across the group's offerings.

The company also announced key leadership appointments:

• Vinay Nadig has been promoted to Chief Executive Officer of SimplifyX™, where he will lead the company's growth strategy and operations.
• Ruchir Ranjan continues in his role as Chief Executive Officer of Simplify Healthcare, providing continuity and stability for customers.

"The formation of Simplify Group represents the natural evolution of our company as we scale to meet the growing needs of healthcare payers," said Mohammed Vaid, Founder and Executive Chair of Simplify Group. “Additionally, it is exciting to leverage our healthcare expertise to deliver solutions to non-healthcare industries using the SimplifyX™ platform. By creating this holding structure and empowering our CEOs to lead their respective businesses, we are positioned to accelerate innovation while maintaining the customer-centric approach that has defined our success."

"I am honored to take on the role of CEO at SimplifyX™," said Vinay Nadig. "Under Mohammed's continued strategic leadership and with the support of the Simplify Group structure, we have an incredible opportunity to transform how enterprises build software and how they operate."

"Simplify Healthcare's mission remains unchanged, and our commitment to our customers is stronger than ever," added Ruchir Ranjan, CEO of Simplify Healthcare. "Being part of Simplify Group enhances our capabilities while allowing us to maintain the focus and agility our customers depend on."

About Simplify Group

Simplify Group is a technology holding company that owns and operates a portfolio of innovative solutions for healthcare payers and additional industries. Through its subsidiaries, Simplify Healthcare and SimplifyX™, the group delivers cloud-based platform solutions that transform how health insurance companies and non-healthcare enterprises operate. For more information, visit https://simplifygrp.com.

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