Hawaii Health Systems Corporation Extends Supply Chain Management Agreement with MedAssets to 2012

MedAssets (NASDAQ: MDAS) announced today that Hawaii Health Systems Corporation (HHSC) has extended its relationship with MedAssets Supply Chain Systems, a MedAssets company, for group purchasing and supply chain management services to 2012.

HHSC is the nation’s fourth largest public hospital system with 12 facilities located in five regions of Hawaii. As a community hospital system, HHSC undertakes the state’s mission to provide and enhance accessible comprehensive services that are quality driven, consumer-focused and cost-effective.

MedAssets provides a flexible approach for the state’s community-hospital system to contract with national and local vendors, while obtaining the best pricing possible for supplies and equipment for its acute, long-term and rural care facilities.

MedAssets Supply Chain Systems will serve as the primary GPO for all areas of HHSC, including capital equipment, clinical pharmacy, laboratory, and imaging services.

“We are pleased to continue as the GPO partner for Hawaii Health Systems Corporation,” said Rand Ballard, chief operating officer and chief customer officer, MedAssets, Inc. “We are committed to serving as the primary GPO for HHSC. With our assistance, they will be able to manage their supply chain and discover many savings opportunities.”

About MedAssets
MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve their financial strength by implementing integrated spend management and revenue cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. MedAssets serves more than 125 health systems, 2,500 hospitals and 30,000 non-acute care healthcare providers. For more information, go to www.medassets.com

About Hawaii Health Systems
HHSC was established in 1996 as a public body corporate and politic and an instrumentality and agency of the State of Hawaii. As the state’s community hospital system, HHSC continues to fulfill the state’s promise to provide affordable, accessible, quality, hometown healthcare.