Ascensus is acquiring HR Simplified, a TPA that performs a variety of benefits administration functions, including offering health savings accounts and benefit continuation services.
In a June 26 press release, Ascensus President David Musto hailed the agreement and the firm they have added to their operation. Said Musto, “HR Simplified is a well-regarded firm that is renowned for offering a ‘no noise’ approach to benefits administration and serving their clients with passion, enthusiasm, and integrity. When combined with the fact that they’ve developed and cultivated a solid reputation for reliability and dependability, it’s easy to understand why we believe that they’ll play an important role in the growth of Ascensus’ Health and Benefits line of business.”
HR Simplified President Mike Melnychuk also expressed satisfaction with the arrangement. “I’ve always stated that the foundation of HR Simplified’s success is the human touch. In Ascensus, we’ve found an organization that will allow us to continue to offer the very best in benefits administration; they share our dedication to providing excellent service and finding solutions that best fit clients’ needs,” he said in a press release.
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