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News Breaks
August 13, 2014
08:02 EDTMDASMedAssets acquires SG-2 for approximately $142M
MedAssets announced it signed a definitive agreement to acquire privately held SG-2 for approximately $142M to be funded with cash on hand and borrowings under its existing credit facility. Sg2 financial results and additional terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to be completed within 60 to 90 days.
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November 20, 2015
08:32 EDTMDASMedAssets extends strategic partnership with HealthTechS3
MedAssets announced an extension of its long-standing strategic partnership with HealthTechS3, or HTS3, a Brentwood, Tenn.-based provider of financial services, executive/physician recruitment, consulting/management services and supply chain solutions to critical access and acute care hospitals in rural areas and smaller communities across the United States. The agreement continues a successful 20-year participation in HTS3's Business Partnership Program, through which HTS3 customers can access MedAssets' supply chain and capital and construction solutions to reduce the total cost of care. Through this ongoing relationship, MedAssets offers the pricing advantages of its contracted supplies, purchased services and capital equipment, as well as tools and field expertise to gain greater fiscal control of the construction and renovation process.
November 17, 2015
06:26 EDTMDASThe Advisory Board initiated with an Overweight at JPMorgan
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