MedAssets

MedAssets was a prominent healthcare performance improvement company that provided technology-enabled solutions and services to hospitals and health systems across the United States. The company focused on two core areas: Spend Management, which included Group Purchasing Organization (GPO) services and supply chain consulting, and Revenue Cycle Management (RCM) software and services. By leveraging data analytics and SaaS-based platforms, MedAssets helped healthcare providers reduce operating costs, optimize clinical resource utilization, and improve financial performance. In 2016, the company was acquired by Pamplona Capital Management for approximately $2.7 billion, after which its GPO business was sold to Vizient and its RCM business was merged with Precyse to form nThrive (now FinThrive).