The combination of MedAssets and Broadlane creates the industry’s leading, end-to-end financial improvement partner that has delivered billions of dollars in savings for its healthcare provider customers in addition to more than $2.8 billion in documented and guaranteed supply chain savings.

MedAssets enhances its market position as one of the largest provider-based supply chain management companies, now managing approximately $41 billion of supply chain spending.

MedAssets offers a much greater breadth of capabilities to help drive down total costs by offering an unparalleled group purchasing and supply chain management model that leverages data, analytics, consulting and outsourcing to drive clinical and operating effectiveness for healthcare providers.

Our differentiated approach includes:

• A leading-edge group purchasing organization (GPO) that offers flexible contracting strategies, ranging from multi-source to standardization programs, including high-commitment contracts that save an average of 15 percent or more on supply spend.
• Robust technology solutions with actionable analytics that identify opportunities to maximize contract compliance and pricing, and address costs at the service line, MS-DRG and physician levels.
• A proven ability to reduce physician preference item (PPI) costs up to 18 percent or more by engaging and aligning physicians in savings initiatives to support long-term change without compromising quality.
• Outsourced supply chain solutions that deliver margin improvement through contract compliance, overcharge elimination and price parity.
• A customer-driven, decision-making process and collaborative clinical value analysis approach to reduce costs, improve efficiency and enhance the quality of care.
• Industry-leading, Web-based revenue cycle technology and services that drive cash flow improvement and increase net revenue by up to three percent.

MedAssets is uniquely positioned to identify and realize cost savings opportunities, deliver flexible contracting strategies and provide advanced analytics to drive further savings while enhancing quality. With market-leading solutions that reduce cost and improve net revenue, MedAssets is a proven financial improvement partner for the healthcare industry.