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Clarian Health Partners Extends Relationship with MedAssets for Supply Chain Solutions, Adds Supply Chain Analytics.


ATLANTA -- MedAssets announced today that Clarian Health Partners, based in Indianapolis, Ind., has extended its agreement with MedAssets Supply Chain Systems for supply chain management solutions until 2013. The original, five year agreement was effective in January 2003.

In addition, Clarian Health Partners' five acute care facilities will begin utilizing MedAssets Analytical Systems' supply chain technology and services as well as MedAssets Net Revenue Systems' CrossWalk[TM] technology to link supply cost data with hospital chargemaster data.

Through the renewed supply chain services agreement, MedAssets Supply Chain Systems will continue to provide access to a comprehensive contract portfolio. Clarian Health Partners will also engage the services of MedAssets Analytical Systems for data cleansing See address cleansing and data hygiene.  of the supply item file and advanced supply chain analytics technology.

MedAssets will create a custom contract catalog that will serve as central repository of all local, regional and national supply agreements and will ensure that the lowest price is paid for items purchased. MedAssets' Strategic Information technology and services will allow Clarian Health Partners to aggregate supply data from multiple facilities and create actionable reports to identify cost savings opportunities.

"The relationship with MedAssets Supply Chain Systems has been a successful one for Clarian Health Partners," said Dave Hesson, vice president, Operations, Clarian Health Partners. "By adding MedAssets' supply chain technology and services, we expect to increase transparency and reduce costs in supply chain operations across our entire enterprise."

"We are pleased that Clarian Health Partners has expanded their relationship with MedAssets," stated Rand Ballard, chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
, MedAssets, Inc. "In turn, MedAssets increases our commitment to identify more opportunities for cost savings and improved cash flow across their entire organization."

For more information about MedAssets, visit www.medassets.com.

About MedAssets

MedAssets, headquartered in Atlanta, Georgia, improves healthcare providers' margin and cash flow through revenue cycle and supply chain initiatives as well as decision support technology and services. As a strategic business partner, MedAssets can replace multiple vendors and decrease supply costs by 3-10 % and increase net patient revenue by 1-3 %. MedAssets Net Revenue Systems provides best-of-breed revenue solutions including defensible de·fen·si·ble  
adj.
Capable of being defended, protected, or justified: defensible arguments.



de·fen
 pricing, pre-bill charge capturing, and ongoing chargemaster management tools, all of which have been Peer Reviewed by the Healthcare Financial Management Association. MedAssets Net Revenue Systems also offers denials management and a tool to link supply cost data with charge data. MedAssets Supply Chain Systems is one of the fastest growing group purchasing organizations A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors.  in the U.S. and builds customized solutions encompassing procurement of common medical supplies, pharmaceuticals, physician preference supplies, food and nutrition Food and Nutrition
See also cheese; dining; milk.

accubation

Rare. the act or habit of reclining at meals.

alimentology

Medicine. thescience of nutrition.

allotriophagy

Pathology.
 items, and capital equipment. The newly formed MedAssets Analytical Systems offers supply chain analytics and decision support tools while clinical and operational consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 are provided through MedAssets' subsidiary, Aspen aspen, in botany
aspen: see willow.
Aspen, city, United States
Aspen (ăs`pən), city (1990 pop. 5,049), alt. 7,850 ft (2,390 m), seat of Pitkin co., S central Colo.
 Healthcare Metrics. Avega Health Systems, a subsidiary of MedAssets, ranked "Best in KLAS KLAS Keystone Library Automation System " in Business Decision Support - KLAS Enterprises, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 2005. For more information about MedAssets go to www.medassets.com or contact Gary Johnson Gary Johnson may refer to:
  • Gary Johnson - Frontiers Records Recording Artist
  • Gary E. Johnson, a U.S. politician
  • Gary Johnson (footballer), an English association football manager
  • Gary "Big Hands" Johnson, former American football player
, corporate senior vice president of Marketing and Marketing Services, 100 North Point Center East, Suite 200, Alpharetta, GA 30022.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 5, 2006
Words:505
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