MedAssets Enters into Strategic Partnership with Ariba

  MedAssets Enters into Strategic Partnership with Ariba

   Collaboration to Offer Increased Healthcare Supply Chain Efficiency from
                         Requisition through Payment

Business Wire

ATLANTA -- April 8, 2013

MedAssets, Inc. (NASDAQ: MDAS) today announced a multi-year strategic
partnership with Ariba, an SAP company, that significantly expands MedAssets
industry-leading supply chain management and outsourced procurement
capabilities. The partnership offers healthcare providers and suppliers the
industry’s most comprehensive electronic commerce platform, including
requisition to purchase order (PO) transmission, shipment notification,
invoice transmission and reconciliation workflow automation, expense posting,
supplier payment and early-pay discount solutions.

Through this partnership, healthcare providers will be able to conduct fully
automated e-commerce with the nearly one million companies connected to the
Ariba^® Network through the MedAssets eCommerce Exchange. The combination of
MedAssets’ technology-enabled services with Ariba’s cloud-based applications
and business network will deliver unparalleled cost management and healthcare
provider-supplier collaboration opportunities. Providers, for instance, will
be able to eliminate up to 100 percent of paper invoices received from
suppliers using Ariba’s “smart invoicing” applications, which automatically
validate supplier-initiated electronic invoices through a provider-managed
rules engine and post them directly to their accounting system for true
"touchless" processing.

"This strategic partnership creates a total transaction management solution
for healthcare organizations. We will use the strength of the nation’s largest
shared services procurement organization, with over $5 billion being
transacted annually through our National Procurement Center, in combination
with our world-class analytics and invaluable insights, to accelerate much
needed savings initiatives for healthcare providers," said John Bardis,
MedAssets chairman, president and chief executive officer.

“Ariba’s solutions are natural extensions of MedAssets spend management and
outsourcing capabilities. Our experience and analysis have found that
healthcare providers’ accuracy of contract pricing and terms increases
significantly, and their contract compliance can triple to more than 90%, when
procurement is managed through a single solution platform,” Bardis continued.
“We look forward to leveraging this partnership to deliver innovative
procurement and accounts payable solutions that will minimize back-office
administrative expenses, thereby affording healthcare providers the
opportunity to reinvest such funds in direct patient care delivery."

Using Ariba’s cloud-based applications and business network, MedAssets can
enhance and expand its capabilities and create even greater value for
healthcare providers, including:

  *Contract compliance enhancement;
  *Operational cost reductions through automated invoice matching and
    validation;
  *Improved contract price accuracy; and
  *Opportunities for providers and suppliers to collaborate to achieve early
    pay discounts.

In addition, capturing all supplier invoice data electronically for both PO
and non-PO based transactions will accelerate a provider’s ability to identify
and execute upon cost reduction opportunities for all non-labor spend,
including purchased services, a growing area of focus in all healthcare
organizations.

“In today’s healthcare environment, providers face a number of significant
challenges: rising costs, limited resources and rapidly evolving market
conditions,” said Bob Calderoni, chairman and chief executive officer, Ariba.
“MedAssets has taken the lead in embracing innovative, technology-based
solutions to eliminate these barriers by improving the efficiency of the
healthcare supply chain, and we are pleased to be partnering with them on this
mission.”

About Ariba, an SAP Company

Ariba is the world’s business commerce network. Ariba combines
industry-leading cloud-based applications with the world's largest web-based
trading community to help companies discover and collaborate with a global
network of partners. Using the Ariba^® Network, businesses of all sizes can
connect to their trading partners anywhere, at any time from any application
or device to buy, sell and manage their cash more efficiently and effectively
than ever before. Companies around the world use the Ariba ^ Network to
simplify inter-enterprise commerce and enhance the results that they deliver.
Join them at: www.ariba.com

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps
companies of all sizes and industries run better. From back office to
boardroom, warehouse to storefront, desktop to mobile device – SAP empowers
people and organizations to work together more efficiently and use business
insight more effectively to stay ahead of the competition. SAP applications
and services enable more than 232,000 customers to operate profitably, adapt
continuously, and grow sustainably. For more information, visit www.sap.com.

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 122,000 non-acute
healthcare providers. The company currently manages more than $50 billion in
supply spend and touches over $365 billion in gross patient revenue annually
through its revenue cycle solutions. For more information, go to
www.medassets.com.

mdas/F

Contact:

MedAssets, Inc.
Robert Borchert, 678-248-8194
rborchert@medassets.com
or
Ariba, an SAP company
Karen Master, 412-297-8177
Kmaster@ariba.com