2012 Annual Report
MedAssets is a leading financial and performance improvement partner for healthcare providers. We serve more than 4,200 hospitals and over 122,000 non-acute healthcare providers. Our revenue cycle, spend and clinical resource management solutions deliver measurable and sustainable financial improvement by increasing operating margins and cash flow for hospitals, health systems and other non-acute healthcare providers.
We estimate the total U.S. market opportunity for our existing solutions is greater than $12 billion. Our technology-enabled services seamlessly integrate with our customers' existing IT systems infrastructure, with minimal upfront cost. As one of the nation's largest cost management companies, MedAssets currently manages more than $50 billion in total supply chain spending by hospitals and other healthcare providers. We also offer Web-based, data-driven revenue cycle technology and service solutions, and touch more than $365 billion in gross patient revenue annually.
Our future success is grounded in our ability to help healthcare providers improve cost management, increase revenue capture, and improve margins in order to mitigate the rising financial pressures of increasing reimbursement complexity, rising levels of bad debt and uncompensated care, and significant increases in supply utilization and operating costs.
MedAssets is also committed to serving the best interests of our shareholders and prospective investors. On these pages, you can find important, valuable corporate and financial information to help you gain a better perspective of the MedAssets business operations and financial performance.
($ in millions, except EPS)
May 15, 2013
MedAssets Showcases Patient Access Management Solutions at NAHAM 39th Annual Educational Conference and Exposition
May 13, 2013
MedAssets Announces Call for Exhibitors for 2013 Technology & Innovation Forum