MedAssets
 | |
| Company type | Public |
|---|---|
| Nasdaq: MDAS | |
| Industry | Health Care Technology |
| Founded | 1999 |
| Headquarters | |
Key people | John Bardis CEO and President |
| Products | Revenue Cycle Management Accountable Care Management Spend and Clinical Resource Management Advisory Solutions Payor Solutions |
| Revenue |  US$680.4 Million (FY 2013)[1] |
| US$90.743 Million (FY 2013)[1] | |
| US$27.441 Million (FY 2013)[1] | |
| Total assets |  US$1.613 Billion (FY 2013)[1] |
| Total equity | US$489.789 Million (FY 2013)[1] |
Number of employees | 3,400 |
| Website | www |
MedAssets, Inc. is an American healthcare performance improvement company. It provides products and services to 4,400 hospitals and 122,000 non-acute healthcare providers.[2] The Alpharetta, Georgia based company has 15 offices across the United States. States with a MedAssets location include California, Colorado, Georgia, New Jersey, Texas, and Washington.[3]
History
John Bardis founded MedAssets in June, 1999.[4] The company began as a group purchasing organization (GPO) which offered its customers medical supply discounts. Since its inception, MedAssets has become the largest GPO in the United States.[5] The company became publicly traded in 2007.[6] MedAssets expanded its services over time and current offerings include cost and clinical resource management, purchasing and revenue cycle solutions, change management consulting, and data-driven analytic software.[7]
Acquisitions
In 2007, Medassets acquired Xactimed[8]
In 2008, Medassets acquired Accuro Healthcare Solutions[9]
In 2010, Medassets acquired rival Broadlane[9]
In 2014, MedAssets acquired Sg2[10]
References
- ^ a b c d e "Full financial results".
- ^ http://www.medassets.com/about-us/facts-figures
- ^ "http://www.medassets.com/contact/locations
- ^ "http://www.cnbc.com/id/45062225#.
- ^ "http://www.beckershospitalreview.com/supply-chain/6-of-the-largest-gpos.html
- ^ http://www.reuters.com/article/2007/12/12/medassets-ipo-idUSWEN293720071212
- ^ "http://www.medassets.com/solutions/
- ^ http://ir.medassets.com/releasedetail.cfm?ReleaseID=265934
- ^ a b http://www.modernhealthcare.com/article/20100920/MAGAZINE/100919939
- ^ http://www.marketwatch.com/story/medassets-completes-acquisition-of-sg2-2014-09-22