MedAssets Named Category Leader in “2015/2016 Best in KLAS” Report
January 29 2016 - 8:30AM
MedAssets ranked #1 in claims management and revenue cycle
outsourcing in the newly published “2015/2016 Best in KLAS” report,
which is based on industry feedback. The report recognizes
MedAssets leadership in software and services for end-to-end
revenue cycle management capabilities, addressing cost and quality
pressures facing the U.S. healthcare industry.
Some of the comments about MedAssets captured by KLAS from
interviews with executives, managers, analysts and physicians,
include: (Note: The following is selected commentary that may not
represent the whole of provider sentiment related to this product
or service. Visit KLASresearch.com for a complete view.)
- “Claims management catches edits that other systems don’t.”
–Executive, January 2016
- “Claims management is the most user-friendly billing system
that I have ever used.” – Director/Physician December 2015
- “The switch to ICD-10 was a big test for MedAssets because
claims changed; we have not had any issues to speak of at all.”
Director/Physician, November 2015
- “When we started a denials engagement with MedAssets …they got
the system up within a month; we started getting money right away.”
– Director/Physician August 2015
“Providers are faced with enormous pressure to deliver a healthy
revenue cycle in the face of a fragmented, complicated and rapidly
changing industry. We are delighted to be recognized by our
customers as a KLAS category leader, driving impact and excellence
in both claims management and the growing revenue cycle outsourcing
market to help our customers be successful,” said Amy Amick,
president of Revenue Cycle Management (RCM) of the new
MedAssets-Precyse enterprise.
On January 27, Pamplona Capital Management completed its
acquisition of MedAssets. It intends to combine MedAssets’ Revenue
Cycle Management (RCM) segment, which currently serves more than
2,700 hospital clients and touches more than $450 billion in gross
patient revenue annually, with Precyse, a Pamplona-owned health
information management (HIM) services, technology, and education
company.
“Moving forward, as we combine our capabilities with Precyse, we
look forward to creating a national leader in the end-to-end
outsourced revenue cycle services, technology and education
market,” Amick added.
Produced by the KLAS research firm, results reported in the
“2015/2016 Best in KLAS” report are based on industry feedback from
thousands of healthcare executives and clinicians, with data
gathered on software, services, and medical equipment.
“As healthcare continues to evolve, it is imperative that we
seek innovation and constantly address the needs of a shifting
market. The Best in KLAS and Category Leader winners are the ones
making the greatest strides within their market segments. I
congratulate each of you for your award,” said Adam Gale, CEO and
president of KLAS. “KLAS is honored to work with talented
healthcare providers who willingly share their experiences with us
and make the Best in KLAS report possible. We also commend all the
vendors who strive to improve their products and services in order
to provide the best possible healthcare. It is truly a joint
effort.”
To learn more about the MedAssets-Precyse enterprise, visit
www.MedAssets-Precyse.com.
About MedAssets
MedAssets is a healthcare performance improvement company that
combines strategic market insight with rapid operational execution
to help providers sustainably serve the needs of their communities.
More than 4,500 hospitals and 123,000 non- acute healthcare
providers rely on our solutions to reduce the total cost of care,
enhance operational efficiency, align clinical delivery, and
improve revenue performance across the System of CARE.
www.medassets.com
About KLAS
KLAS is a research firm on a global mission to improve
healthcare delivery by enabling providers to be heard and counted.
Working with thousands of healthcare executives and clinicians,
KLAS gathers data on software, services, medical equipment and
infrastructure systems to deliver timely reports, trends and
statistical overviews. The research directly represents the
provider voice and acts as a catalyst from improving supplier
performance. KLAS was founded in 1996, and their staff and advisory
board average 25 years of health care information technology
experience. Follow KLAS on twitter at
www.twitter.com/KLASresearch.
Media Contact:
Lea Volpe
678.248.8203
lvolpe@medassets.com
(MM) (NASDAQ:MDAS)
Historical Stock Chart
From Jun 2024 to Jul 2024
(MM) (NASDAQ:MDAS)
Historical Stock Chart
From Jul 2023 to Jul 2024