MedAssets is headquartered in Alpharetta, Georgia, and was incorporated in 1999. We are a performance improvement company providing technology-enabled products and services (“solutions”) that, together, help mitigate the increasing financial challenges faced by healthcare organizations including hospitals, health systems, non-acute healthcare providers, payers, other service providers andproduct manufacturers. These challenges include higher costs resulting from increasing complexity in operational approaches and clinical care, the transition of patient care to lower cost care settings,pressure on our clients’ and partners’ revenuestreams and high levels of uncompensated care provided by healthcare providers. The rising complexity of healthcare reimbursement is due to a number of factors, such as the trend of shifting an increasing percentage of Medicare payments into alternative payment and delivery models such as Accountable Care Organizations (“ACOs”), bundled-payment arrangements and other value-based reimbursement methodologies. According to Standard and Poor’s Ratings Services, the median operating margin for not-for-profit hospitals and health systems declined to 2.1% in 2013 from 2.6% in 2012. The decline is due to the increase in expenses outpacing revenue growth as a result of an increased number of physician practice acquisitions, rising bad debt, and higher employee benefit costs.We believe that hospital and health system operating margins will remain under long-term and continual financial pressure due to shortfalls or reductions in government reimbursement, commercial insurance pricing leverage, continued escalation of operating and supply costs, and increased demand for services at lower reimbursement rates with the implementation of healthcare reform initiatives.
Company profile
Ticker
MDAS
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
510391128
Latest filings (excl ownership)
15-12B
Securities registration termination
8 Feb 16
15-12B
Securities registration termination
8 Feb 16
15-15D
Suspension of duty to report
8 Feb 16
25-NSE
Exchange delisting
27 Jan 16
8-K
Pamplona Capital Management Completes Acquisition of MedAssets for $2.75 Billion
27 Jan 16
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 16
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 16
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 16
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 16
8-K
MedAssets’ Stockholders Approve Merger With Pamplona Capital Management
14 Jan 16
Latest ownership filings
SC 13G/A
Medassets Inc
16 Feb 16
SC 13G/A
Medassets Inc
10 Feb 16
SC 13G/A
Medassets Inc
5 Feb 16
SC 13G/A
Medassets Inc
5 Feb 16
4
Charles O Garner
27 Jan 16
4
TERRENCE J MULLIGAN
27 Jan 16
4
BRUCE F WESSON
27 Jan 16
4
Amy Amick
27 Jan 16
4
JONATHAN H GLENN
27 Jan 16
4
Michael Patrick Nolte
27 Jan 16