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Healthcare IT and Biotechnology News Release
Date of Publication: Monday, February 13, 2006

MedAssets Net Revenue Systems Improving Healthcare Providers' Margins and Compliance Through Revenue Cycle Solutions

MedAssets Net Revenue Systems announced today multiple new agreements to provide revenue solutions for healthcare providers.
ATLANTA -- MedAssets Net Revenue Systems announced today multiple new agreements to provide revenue solutions for healthcare providers. The MedAssets revenue cycle tool suite includes chargemaster monitoring and maintenance, BPI.Net and Medgician(R); charge capture audit, CCA.Net; comparative rate modeling, CRM.Net; workflow management, TaskMaster; defensible price modeling, DPM; and denials management, PostLink ICM. MedAssets also offers CrossWalk(TM), a tool that automatically and continuously links supply cost data to charge data.


Following is a partial list of healthcare facilities recently signing with MedAssets Net Revenue Systems:

Bon Secours Health System (MD) - BPI.Net, CCA.Net, CRM.Net
Carolinas Medical Center - Main (NC) - CRM.Net, CCA.Net
Carolinas Medical Center - Mercy (NC) - CRM.Net, CCA.Net
Carolinas Medical Center - Pineville (NC)- CRM.Net, CCA.Net
Carolinas Medical Center - University (NC) - CRM.Net, CCA.Net
Duke University Health System (NC)- Medgician, Online Resource Center
HealthSouth (AL) - Chargemaster Compliance Consulting
Ingalls Memorial Hospital (IL) - BPI.Net, CCA.Net, TaskMaster
Innovis Health (ND) - Medgician, Online Resource Center
Maricopa Integrated Health System (AZ) - CCA.Net, CrossWalk,
Chargemaster Review
Natividad Medical Center (CA) - BPI.Net, CCA.Net, CRM.Net, CrossWalk
Spectrum Health System (MI) - PostLink ICM, Medgician, Online
Resource Center
St. Joseph Health System (CA) - CCA.Net, CrossWalk
University of California San Diego Medical Center (CA) - CRM.Net,
BPI.Net


MedAssets Net Revenue Systems' products are part of the MedAssets Merge Technology(TM) platform that links independent systems, functional departments, and people in a way that improves data quality in revenue cycle and supply chain operations so that providers improve decision-making and cash flow. MedAssets Net Revenue Systems' tool suite works with existing IT assets to improve billing compliance and increases providers' net patient revenue by 1-3%.

"MedAssets Net Revenue Systems' tools have multiple levels of benefit for our customers," stated David Evans, senior vice president, MedAssets Net Revenue Systems. "Automation of complex tasks associated with keeping chargemaster data current helps hospitals improve compliance with ongoing regulatory changes and enables accurate billing for maximum reimbursement. Addressing claims denials and the completeness and accuracy of patient bills are largely untapped sources of additional cash. Implementing defensible prices is a very important exercise for hospitals to maintain their good reputations."

For more information on MedAssets Net Revenue Systems, visit: www.medassets.com.



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Last Updated: 24 November 2007.