Puneet Varma (Editor)

Medassets

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Type
  
Private

Key people
  
John Bardis (CEO)

Founder
  
John A Bardis

Parent organization
  
Vizient Inc

Industry
  
Health Care Technology

Revenue
  
680.4 million USD (2013)

Founded
  
1999

Medassets medassetshealthcarebusinesssummitcomimagesmalo

Fate
  
In the year 2016 was acquired by Pamplona Capital Management later merged with Equation now known as nThrive

Products
  
Revenue Cycle Management Accountable Care Management Spend and Clinical Resource Management Advisory Solutions Payor Solutions

Operating income
  
US$90.743 Million (FY 2013)

Headquarters
  
Alpharetta, Georgia, United States

CEO
  
R. Halsey Wise (17 Feb 2015–)

Subsidiaries
  
Aspen Healthcare Metrics LLC

Jim cramer on medassets


MedAssets, Inc. was an American healthcare performance improvement company. It provided products and services to 4,400 hospitals and 122,000 non-acute healthcare providers. The Alpharetta, Georgia based company had 15 offices across the United States. States with a MedAssets location included California, Colorado, Georgia, New Jersey, Texas, and Washington. In early 2016, MedAssets was split into two companies and was sold out. The company no longer exists in the original form, although some of its products exist under other brand names.

Contents

Medassets partners with ht systems to market patientsecure


History

John Bardis founded MedAssets in June, 1999. The company began as a group purchasing organization (GPO) which offered its customers medical supply discounts. By August 2014, MedAssets had become the largest GPO in the United States. The company became publicly traded in 2007. MedAssets expanded its services over time and offerings included cost and clinical resource management, purchasing and revenue cycle solutions, change management consulting, and data-driven analytic software.

Acquisitions

In 2007, MedAssets acquired Xactimed
In 2008, MedAssets acquired Accuro Healthcare Solutions
In 2010, MedAssets acquired rival Broadlane
In 2014, MedAssets acquired Sg2

References

Medassets Wikipedia