In fact, the Bazilian/Hyman partnership (sounds dirty but isn't) dates back to the early 1970's when they met as students at Penn. Their first group (Baby Grand) recorded some decent material, but did not break through. [Baby Grand also recorded the original version of "Never Enough" which was covered by Patty Smyth in 1987 and featured on ERV in April, 2014.]
Bazilian and Hyman formed The Hooters in 1980 and played extensively in the Philadelphia music scene before breaking up in 1982. However, the group re-formed the following year and released their first (independent) album. Their big break came when an old friend (Rick Chertoff from Baby Grand) asked Bazilian and Hyman to work with him on Cindy Lauder's She's So Unusual album. The success of that project led to The Hooter's signing with Columbia Records.
Many readers will be surprised that "Day by Day" was the highest charting single from Nervous Night -- it hit #18 on the charts. The song (co-written with Chertoff) is pretty typical of the band's music from this period -- upbeat roots rock, with some new wave and folk elements, to boot.
Sadly, Nervous Night was the peak of The Hooter's success. Though their material remained strong, the albums did not sell as well. The band broke up in 1995, but has reunited from time to time in the intervening years.
Note that The Hooters excellent and underrated "Karla with a K" was featured on ERV in March, 2012.