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Stock Market & Financial Investment News

News Breaks
July 10, 2014
10:04 EDTMDASMedAssets, Centegra Health System expand relationship
MedAssets announced that Centegra Health System has expanded its relationship with the company to include its portfolio of revenue performance improvement solutions. The new agreement will support Centegra's initiatives to become a value-based organization in preparation for risk-based reimbursement models. Plans call for the use of multiple MedAssets solutions including, Revenue Cycle Performance, Recovery and Collections, Patient Access, Claims & Billing, and Contract & Episode Management solutions to support the regional health provider overcome increased margin pressures, assume greater risk and manage more complexity in coding and payor contracting.
News For MDAS From The Last 14 Days
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July 31, 2015
10:02 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:18 EDTMDASMedAssets downgraded to Sector Weight from Overweight at KeyBanc
Keybanc downgraded MedAssets to Sector Weight based on healthy valuation and concerns that EBITDA growth may be limited due to negative mix shift in 2016.
July 29, 2015
16:29 EDTMDASMedAssets sees FY15 EPS $1.20-$1.26, consensus $1.19
Sees FY15 revenue $756M-$768M, consensus $759.58M. The company raised the midpoints of its full-year 2015 consolidated financial guidance, realigned the segment revenue mix based on year-to-date results, and narrowed the guidance ranges.
16:27 EDTMDASMedAssets reports Q2 EPS 31c, consensus 27c
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July 21, 2015
10:01 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:04 EDTMDASMedAssets downgraded to Market Perform from Outperform at Cowen
Cowen downgraded MedAssets to Market Perform and lowered its price target to $22 from $25. The firm believes shares reflect optimism around a transformative corporate event such as a split between the SCM and RCM segments, that is less likely to happen.

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