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News & Events > Press Releases > MedAssets Wins Champion for Change Award
MedAssets Wins Champion for Change Award
Recognized for Environmental Responsibility with Programs for Suppliers, Customers

ATLANTA, May 12, 2010 - Practice Greenhealth, a national membership organization for health care facilities committed to environmentally responsible operations, today presented its "Champion for Change Award" to MedAssets, Inc. (NASDAQ: MDAS) for outstanding contributions to environmentally responsible healthcare. Practice Greenhealth honored its top performers at the Environmental Excellence Awards today in Baltimore, Md., in conjunction with CleanMed, the premier Global Conference on Environmentally Sustainable Health Care.

The Champion for Change award recognizes businesses and organizations that demonstrate successful accomplishments in 'greening' their own organization and have assisted healthcare providers in improving their environmental performance.

MedAssets' commitment to environmental sustainability has been recognized for five consecutive years with this award. As one of the largest healthcare group purchasing organizations and a partner to more than three fourths of U.S. hospitals to help them improve margins and cash flow, MedAssets is well-positioned to help the healthcare industry introduce and adopt sustainable business practices. Among MedAssets' sustainability initiatives are the following recent highlights:

  • Introduced "Green Group Buys" in 2009 as part of the MedAssets Group Buy Program, which gives customers access to market-leading pricing and benefits for products or services that support green initiatives;
  • Developed new requirements to demonstrate environmental impact benefits for suppliers that participate in MedAssets' Next Generation SELECT(R) program designed to control supply costs while improving standardization and clinical outcomes for organizations;
  • Incorporated green elements into its annual Technology and Innovation Forum for the third consecutive year; and
  • Focused on sharing environmentally-friendly solutions and best practices with customers through its newsletters, the MedAssets Website, electronic catalogs and other resources.

"This award is a reflection of MedAssets' commitment to its customers to protect patient health and preserve the environment," said Bob Jarboe, Executive Vice President, Business Development. "It is exciting to know that MedAssets is leading this effort and setting an example for other institutions."

"MedAssets understands that providing quality healthcare means caring both for patients and the environment in which we all live, and we're honored to be recognized with this award by Practice Greenhealth for the fifth consecutive year," said Rand Ballard, Chief Customer Officer and Chief Operating Officer, MedAssets. "We are committed to continuing to offer our customers and members green supply options that reduce waste and drive greater sustainability in the healthcare industry."

The Champion for Change Award is an award reserved for organizational partners supplying health care products and services that are considerate of the Earth and its resources. The winners of this award have achieved success in greening their own organization and have also assisted others who are committed to improving their environmental performance.

Practice Greenhealth presented Environmental Excellence awards in seven categories for their work and commitment to health care and the environment today.

Practice Greenhealth is the nation's leading membership and networking organization for institutions in the healthcare community that have made a commitment to sustainable, eco-friendly practices. Members include hospitals, healthcare systems, businesses and other stakeholders engaged in the greening of healthcare to improve the health of patients, staff and the environment. Practice Greenhealth is a source of environmental solutions for the healthcare sector. For more information on Practice Greenhealth, healthy initiatives, current trends, news and views, and other links to earth-friendly organizations, visit www.practicegreenhealth.org.

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