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Balance Sheet Cash Flow Statement 100 N. Point Center East, Ste. 200 Alpharetta, GA 30022 GA Tel. 678-323-2500 Toll Free 866-323-6332 Fax 678-323-2501 |
Type: Public
On the web:
http://www.medassets.com
Employees:
1,700
Employee growth: 41.7%
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. MedAssets works from about 20 offices nationwide. It counts more than 125 health systems as customers, which have included Christiana Care, Banner Health, and Bon Secours.
Key numbers for fiscal year ending December, 2008:
Sales: $279.7M
One year growth: 48.3%
Net income: $10.8M
Officers:
Chairman, President, and CEO: John A. Bardis
SEVP, COO, Chief Customer Officer, and Director: Rand A. Ballard
SVP and CFO: L. Neil Hunn
Competitors:
McKesson
Novation
Premier, Inc.
