MedAssets, Inc. today announced that its stockholders approved the previously disclosed Agreement and Plan of Merger ("Merger Agreement") with Pamplona Capital Management LLP at its special meeting of stockholders held today.Based on the tabulation of the stockholder vote, approximately 99.8% of the total votes cast, which represented approximately 89.7% of the total shares outstanding as of the November 24, 2015 record date for the special meeting, were voted in favor of the approval andmore...
IRVING, Texas--(BUSINESS WIRE)--Novation
today announced its Period 1 National Group Buys, available January 1
through March 31, 2016, which offer significant savings and value-added
benefits in 25 product categories to the more than 100,000 members and
affiliates of VHA Inc., UHC, Children’s Hospital Association and
Provista. The National
Group Buys program is one of several innovative programs from
Novation designed to deliver additionalmore...
MedAssets, Inc. and Pamplona Capital Management LLP today announced that, on December 8, 2015, the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended, in connection with Pamplona's proposed acquisition of MedAssets.As previously disclosed on November 2, 2015, MedAssets and Pamplona entered into a definitive agreement pursuant to which Pamplona would acquire MedAssets for $31.35 permore...
MedAssets today announced an extension of its longstanding strategic partnership with HealthTechS3 (HTS3), a Brentwood, Tenn.-based provider of financial services, executive/physician recruitment, consulting/management services and supply chain solutions to critical access and acute care hospitals in rural areas and smaller communities across the United States. The agreement continues a successful 20-year participation in HTS3's Business Partnership Program, through which HTS3 customers canmore...
IRVING, Texas--(BUSINESS WIRE)--Earlier this year, VHA
Inc. and UHC announced that they were merging their organizations,
including Novation, to create the largest member-owned health care
company in the country. Today, the company announces the combined
organization’s new name—Vizient, Inc. Beginning in January 2016, the
combined organization will officially align under the Vizient brand.
“As a combined organization, we are better positioned to work with ourmore...
MedAssets today announced that Mercy Medical Center has selected the company for a wide range of solutions to enhance operational efficiency and reduce the total cost of care for one of Iowa's premier healthcare providers.Under the terms of the multi-year agreement, the Cedar Rapids-based organization will utilize a breadth of MedAssets supply chain optimization solutions, including group purchasing services, pharmacy and spend management analytics, eCommerce Exchange and Transactionmore...
IRVING, Texas--(BUSINESS WIRE)--VHA-UHC Alliance NewCo, Inc. (“VHA-UHC Alliance”) today announces that it has signed an agreement under which it will acquire MedAssets’ (NASDAQ: MDAS) Spend and Clinical Resource Management (SCM) segment, including Sg2, from Pamplona Capital Management (“Pamplona”), upon Pamplona’s close of the MedAssets acquisition, thereby becoming a global leader in health care supply chain procurement, market intelligence, strategic analytics and comprehensive consulting services. The combined expertisemore...
IRVING, Texas--(BUSINESS WIRE)--On November 4, Novation
will host the largest innovative technology event in its industry at the
Irving Convention Center in Irving, Texas. The 2015
Innovative Technology Expo will give clinical experts from across
the country the unique opportunity to interact with more than 180 new
products from 140 manufacturers. Healthcare providers will encounter a
mix of innovative technologies such as the latest in cardiology caremore...
IRVING, Texas--(BUSINESS WIRE)--The introduction and prescribing of biosimilars could save billions of
dollars in health care spend over the next decade. The barriers to
realizing these savings center on physician familiarity and experience
with the products, as well as regulatory and marketplace uncertainties. Novation’s
Steven Lucio will address these barriers in his presentation,
“Challenges to Ensuring Uptake of Biosimilars” at the Academy of Managedmore...
IRVING, Texas--(BUSINESS WIRE)--VHA
Inc.’s Rose Wagner was recently recognized by Medical Group
Management Association (MGMA) as an innovator in healthcare redesign and
named as a “MGMA Game Changer” for her work in developing effective
strategies that increase patient access to care, enhance the efficient
delivery of care, and the level of patient satisfaction and improve
population health in medical group practices. Wagner was also a
presenter at MGMA’s annual membermore...