MDAS Profile
MedAssets, Inc. (MDAS) was a healthcare performance improvement company that provided technology-enabled solutions and services to hospitals and health systems to help them optimize their revenue cycle management, spend management, and clinical resource management.
The company's solutions included revenue cycle management services, such as patient access, charge capture, coding and billing, and denial management, as well as supply chain management services, such as strategic sourcing, contract management, and inventory management. MedAssets also offered clinical resource management solutions, including physician preference item optimization and care management services.
In 2015, Pamplona Capital Management acquired MedAssets and merged it with Precyse, a provider of health information management services, to form a new company called Pamplona's Ensemble Health Partners. The new company focused on providing end-to-end revenue cycle management services and clinical documentation improvement solutions to healthcare providers.
Investors in MDAS should be aware of the risks associated with investing in healthcare companies, which are subject to regulatory and reimbursement risks, as well as the impact of changes in healthcare policies and market conditions. Additionally, since MedAssets is no longer an active publicly traded company, its shares have no value.
In summary, MedAssets, Inc. was a healthcare performance improvement company that provided technology-enabled solutions and services to hospitals and health systems to help them optimize their revenue cycle management, spend management, and clinical resource management. The company was acquired by Pamplona Capital Management in 2015 and merged with Precyse to form Ensemble Health Partners. Investors in MDAS should be aware of the risks associated with investing in healthcare companies and the fact that the company is no longer publicly traded.
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