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| MedAssets About Us |
| MedAssets comprehensive financial performance solutions include industry-leading solutions for healthcare supply chain management and healthcare revenue cycle management. Our solutions are proven to improve a healthcare provider's operating margins and cash flow, delivering the potential to increase a typical health systems’ net patient revenue by one to three percent and decrease hospital supply chain expenses by three to 10 percent. We help healthcare providers find cash from existing operations and improve margins so you can continue to serve your community. Our innovative solutions and healthcare consulting services help healthcare providers focus on best practices such as clinical margin management, clinical value analysis and clinical documentation improvement, as well as better healthcare revenue cycle management performance ranging from improved patient access processes to faster and more complete reimbursement. |
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| Value Proposition: |
| Whether working with a large integrated delivery network or a small rural hospital, as a knowledgeable strategic business partner, MedAssets can replace multiple vendors and build a customized, multi-year program, using technology and know-how to help your facility achieve your financial and operational goals. |
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| Drive Revenue Integrity – get paid accurately and on time for care provided: |
| MedAssets provides revenue cycle management technology solutions and healthcare consulting services to cover the full spectrum of a provider's revenue cycle needs from improving patient access processes to reducing claims denials. In addition, our decision support suite integrates financial, clinical and administrative information and distributes that data enterprise-wide for timely analysis and decision-making to positively impact future performance. All of which could potentially help to improve your net patient revenue by one to three percent. |
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| Control and Reduce Supply Expense: |
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MedAssets spend and clinical resource management technology and services help build customized solutions that improve healthcare supply chain performance. Our solution and services encompass procurement of commodity medical supplies, pharmaceuticals, physician preference items (PPI), food and nutrition items and capital equipment. For instance, PPI account for 40 percent of total supply spend, with prices and consumption continuing to rise. But with our focused effort on PPI cost reduction, we can reduce expenses by five to 18 percent to improve key service line margins. In addition, our supply chain analytics and consulting services cleanse and normalize supply chain data to improve transparency, identify savings opportunities using proven clinical value analysis and clinical margin management best practices and report key metrics to quickly view performance. Benchmark data is used to focus action in improving processes and overall hospital supply chain operations. MedAssets also offers services such as transaction management that allow you to optimize many of your day-to-day procurement activities, freeing your staff to focus on more strategic projects. Combine these supply chain management services and your facility could potentially decrease your supply expense by three to10 percent.
We’ve helped leading healthcare providers nationwide improve their financial health and operational performance, saving billions. We can help you too. Contact us to learn how. | |
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Improve your
Operating Margins
MedAssets improves
and sustains
operating margins
by 1.5% to 5%.
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Improve financial and clinical performance in key service lines. |
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