Enter Your Email Address to Receive a
Copy of MedicExhange Member Demograhpics

MedAssets, Inc. honored its customers at the company's annual Healthcare Business Summit and the awards recognized the organizations that have achieved financial improvement and savings in 2009.

MedAssets top honor, the Enterprise President's Award, was given to the Baylor Health Care System of Texas. Given annually to the customer with the highest documented financial

improvement using both MedAssets ' revenue cycle management and spend management solutions, Baylor Health Care was honored for its enterprise approach to financial improvement.

MedAssets assisted Baylor Healthcare in 2009 with an integrated approach to controlling supply cost, improving margins and cash flow, increasing regulatory compliance and optimizing operational efficiency. The organization signed off on $18 million in documented supply chain savings alone within the first year of its spend management agreement with MedAssets.

MedAssets honored several customers for commitment to best practice spend management processes. The Spend Management Customer of the Year was Wellmont Health System of Kingsport, Tenn. Piedmont Healthcare of Atlanta was given the Spend Management Innovation Award. In the non-acute market, National Surgical Hospitals was named the Spend Management Non-Acute Care Customer of the Year. The Supply Chain Analytics Customer of the Year was Main Line Health of suburban Philadelphia.

MedAssets also honored the top performers among healthcare providers using the company's revenue cycle management tools and services. St. Vincent Health of Indianapolis, Ind., was named the Revenue Cycle Management Technology Customer of the Year. Cook County Health and Hospitals Systems of Chicago earned the Revenue Cycle Services Customer of the Year Award. Ontario Ministry of Health and Long-Term Care was named the Decision Support Customer of the Year.

Source: MedAssets