| MedAssets, Inc | |
| Type: | Public |
| Fate: | In the year was acquired by Pamplona Capital Management later merged with Equation now known as nThrive [1] |
| Key People: | John Bardis |
| Industry: | Health Care Technology |
| Products: | Revenue Cycle Management Accountable Care Management Spend and Clinical Resource Management Advisory Solutions Payor Solutions |
| Revenue: | US$680.4 Million |
| Operating Income: | US$90.743 Million |
| Net Income: | US$27.441 Million |
| Assets: | US$1.613 Billion [2] |
| Equity: | US$489.789 Million |
| Num Employees: | 3,400 |
| Location City: | Alpharetta, Georgia |
| Homepage: | MedAssets |
MedAssets, Inc. was an American healthcare performance improvement company. It provided products and services to 4,400 hospitals and 122,000 non-acute healthcare providers.[3]
The Alpharetta, Georgia based company had 15 offices across the United States. States with a MedAssets location included California, Colorado, Georgia, New Jersey, Texas, and Washington.[4]
In early 2016, MedAssets was split into two companies and was sold out. The company no longer exists in its original form, although some of its products exist under other brand names under various companies including nThrive.
John Bardis founded MedAssets in June, 1999.[5] The company began as a group purchasing organization (GPO) which offered its customers medical supply discounts. By August 2014, MedAssets had become the largest GPO in the United States.[6] The company became publicly traded in 2007.[7] MedAssets expanded its services over time and offerings included cost and clinical resource management, purchasing and revenue cycle solutions, change management consulting, and data-driven analytic software.[8]