MedAssets (SCM) press releases

  • 11/02/14
    MedAssets, Inc. and Pamplona Capital Management today announced that they have entered into a definitive agreement whereby Pamplona will acquire MedAssets for $31.35 per share in cash. The purchase price represents a 44.5% premium to the 30 trading day volume weighted average price of MedAssets common stock and an enterprise value of approximately $2.7 billion."Since February, our executive leadership team has been developing and implementing our business transformation and value creation planmore...
  • 10/02/14
    MedAssets today announced that AHMC Healthcare Inc., and Alhambra Hospital and Medical Center has expanded its relationship with the company in pursuit of a rational and defensible pricing strategy. Plans call for a combination of the company's Patient Access Solutions, Contract and Episode Management Solutions and Charge, Pricing and Compliance Solutions to improve the accuracy of patient bill estimation and gain market intelligence to inform payor contract negotiations."As a fully integratedmore...
  • 09/22/14
    MedAssets today announced that it completed its previously announced acquisition of SG-2, LLC (Sg2), a leading provider of healthcare business intelligence, market analytics and clinical consulting services."Working with more than 1,400 hospitals and other clients across healthcare, Sg2's experts utilize software-as-a-service (SaaS)-based analytics tools and an intelligence platform to help healthcare organizations make informed strategic decisions related to acquisitions, service linemore...
  • 08/13/14
    MedAssets, Inc., today announced it signed a definitive agreement to acquire privately held SG-2, LLC (Sg2) for approximately $142 million. Based in Skokie, Ill., Sg2 is a leading provider of healthcare market intelligence, strategic analytics and clinical consulting services that help more than 1,400 hospitals, health systems, as well as pharmaceutical and medical device companies understand current and future market dynamics in order to capitalize on growth and performance improvementmore...
  • 07/31/14
    MedAssets today announced it plans to offer a new suite of supplier services designed to optimize procurement processes among all healthcare industry players. The new services will provide manufacturers and distributors of products with accelerated advancement in price synchronization, data accuracy and controls to improve critical connections with mutual healthcare provider clients. In doing so, MedAssets is committed to help resolve a significant source of resource waste in the healthcaremore...
  • 06/23/14
    MedAssets today unveiled the upgraded version of Decision Support Costing and Contracting, a business intelligence tool that combines clinical, operational and financial system data from across care settings. With this MedAssets platform, health systems can drive more informed financial, operational, clinical and strategic planning decisions on a daily basis. MedAssets is showcasing the new version of Decision Support Costing and Contracting at the 2014 HFMA National Institute, June 22-25 inmore...
  • 03/04/14
    MedAssets today announced that its latest National Sourcing Collaborative event, a program designed to generate lowest market price points in products and services, will drive an estimated $5 million annually in added value in the laboratory distribution services category for participating MedAssets clients. A three-year contract for lab distribution was awarded for more than 100 MedAssets healthcare provider IDNs and hospitals, representing 25 percent of the annual MedAssets GPO spend in thismore...
  • 01/15/14
    MedAssets today announced that it has renewed a multi-year agreement with Kaiser Permanente, the largest healthcare provider in California, to provide Strategic Sourcing and Spend Analytics solutions. Under the terms of the agreement, MedAssets will continue to serve as the exclusive group purchasing organization for Kaiser Permanente facilities across the country.MedAssets national contract portfolio helps healthcare organizations meet or exceed supply and/or purchased services cost reductionmore...