MedAssets Company Description
MedAssets helps hospitals widen their profit margins -- or at least not lose quite as much. The company's Spend Management segment operates a group purchasing organization that negotiates prices for hospitals and health systems which then get better deals on medical supplies and devices. Its Revenue Cycle Management segment provides software and consulting services that help track and analyze a hospital's revenue stream. Such services aim to increase collections and reduce account balances. It counts more than 125 health systems as customers, including Christiana Care, Banner Health, and Bon Secours.
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The Company Description provides a historical perspective of MedAssets's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of MedAssets's evolution in the marketplace.
