Alameda County Medical Center and MedAssets Announce Multi-Year Change Management Initiative to Improve Access to Care and Lower

  Alameda County Medical Center and MedAssets Announce Multi-Year Change
  Management Initiative to Improve Access to Care and Lower Costs

Business Wire

ATLANTA -- November 01, 2012

MedAssets, Inc. (NASDAQ: MDAS) and Alameda County Medical Center (ACMC)
announced a comprehensive, multi-year agreement to improve access to care,
enhance overall patient and physician satisfaction, improve processes and
reduce ACMC’s total costs of care delivery. In its advisory services role,
MedAssets will coordinate and integrate up to a dozen performance improvement
and change management initiatives to drive best practices for optimal
operating efficiency and effectiveness.

Plans call for MedAssets to leverage its clinical value analysis expertise to
increase the quality of care delivery and enable better management of the
costs of expensive PPI, or physician preference items, through physician
alignment. The company will also help ACMC cut its supply expenses through its
Strategic Sourcing capabilities to save money on commodity medical supplies,
pharmaceuticals, purchased services, and construction and capital equipment.
In addition, MedAssets will implement its Workforce Solutions capabilities in
order to optimize precision of clinical staffing and improvement of processes
at all points of care.

“We began this process looking for a strategic consulting partner who shared
our vision to maximize the capacity of our health system to serve our
community, as well as our concerns for managing operating costs,” said Wright
L. Lassiter, III, chief executive officer, Alameda County Medical Center.
“MedAssets offers an unmatched track record in designing, coordinating and
implementing multiple initiatives efficiently for large and complex
organizations, and we were impressed with the depth and breadth of their
expertise. These qualifications made them the right choice for our patients,
our physicians, and the community we serve.”

“MedAssets is honored to have been selected as a strategic partner for a
transformation project of this scope and importance,” said John Bardis,
president, chairman and chief executive officer, MedAssets. “We share Alameda
County Medical Center’s vision and passion for improving access to affordable
healthcare. By helping their team achieve financial and performance
improvement, we will gain the duel satisfaction of improving the capacity for
care in the Alameda County community, while demonstrating the power of our
comprehensive, technology-enabled services, and consulting and advisory
solutions when applied at an enterprise-level capacity.”

About Alameda County Medical Center

Alameda County Medical Center is a nationally recognized public healthcare
system with more than 2,800 employees, 500 physicians, and 475 accredited
beds. ACMC provides comprehensive, high quality medical treatment and
compassionate care to all residents of Alameda County. The integrated system
of hospitals, clinics, and health services is staffed by healthcare
professionals who are responsive to the diverse cultural needs of our
community. ACMC fosters a learning environment with a wide range of
educational programs and activities including medical research and education
for students, interns and residents as well as continuing medical education
for medical, nursing and other staff. ACMC operates six facilities: Highland
Hospital in Oakland, John George Psychiatric Pavilion in San Leandro, Fairmont
Hospital in San Leandro and three community-based wellness centers. The system
provides a range of services from family and women’s health to pediatrics,
oncology and orthopedics. For more information please visit

About MedAssets

MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve their
financial strength by implementing revenue cycle, spend and clinical resource
management solutions that help capture revenue, control cost, improve margins
and cash flow, increase regulatory compliance, and optimize operational
efficiency. MedAssets serves more than 4,200 hospitals and 100,000 non-acute
healthcare providers. The company currently manages $48 billion in supply
spend and touches over $340 billion in gross patient revenue annually through
its revenue cycle solutions. For more information, go to



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