Last $19.21 USD
Change Today -0.43 / -2.19%
Volume 455.1K
MDAS On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

medassets inc (MDAS) Snapshot

Open
$19.59
Previous Close
$19.64
Day High
$19.67
Day Low
$19.20
52 Week High
03/21/14 - $26.09
52 Week Low
02/18/15 - $17.00
Market Cap
1.2B
Average Volume 10 Days
1.4M
EPS TTM
$0.63
Shares Outstanding
60.2M
EX-Date
--
P/E TM
30.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for MEDASSETS INC (MDAS)

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medassets inc (MDAS) Details

MedAssets, Inc., a financial and performance improvement company, provides technology-enabled products and services for hospitals, health systems, and other ancillary healthcare providers in the United States. It operates in two segments, Spend and Clinical Resource Management (SCM) and Revenue Cycle Management (RCM). The SCM segment provides a suite of cost management services, supply chain analytics, and data capabilities; strategic sourcing and group purchasing services; medical device and clinical resource consulting services; lean performance improvement services; workforce management; and supply chain outsourcing and procurement services. This segment is also involved in the provision of business intelligence and decision support tool services. The RCM segment offers a suite of software as a service or Web-based software and technology-enabled services, which address various revenue cycle processes comprising patient access and financial responsibility, clinical documentation, charge capture and revenue integrity, pricing analysis, claims processing, denials management and reimbursement integrity, payer contract management, extended business office revenue recovery, accounts receivable services, and outsourcing services. As of December 31, 2013, the company served approximately 4,400 acute care hospitals and approximately 122,000 ancillary or non-acute provider locations. MedAssets, Inc. was incorporated in 1999 and is headquartered in Alpharetta, Georgia.

medassets inc (MDAS) Top Compensated Officers

President, Chief Operating Officer and Direct...
Total Annual Compensation: $810.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $660.0K
Chief Customer Officer, Senior Executive Vice...
Total Annual Compensation: $727.2K
Advisor
Total Annual Compensation: $518.9K
Compensation as of Fiscal Year 2013.

medassets inc (MDAS) Key Developments

MedAssets, Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2014; Reports Impairment of Goodwill for the Fourth Quarter of 2014; Provides Earnings Guidance for the Full Year of 2015

MedAssets, Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2014. For the quarter, the company reported total net revenue of $198,242,000, operating loss of $25,109,000, loss before income taxes of $37,094,000, net loss of $42,404,000 or $0.71 per diluted share compared to the total net revenue of $170,466,000, operating income of $23,803,000, income before income taxes of $12,292,000, net income of $7,751,000 or $0.13 per diluted share for the same quarter a year ago. Total non-GAAP Adjusted EBITDA was $63,528,000 compared to $52,759,000 a year ago. Non-GAAP adjusted net income was $23,597,000 or $0.39 per diluted share compared to $18,725,000 or $0.30 per diluted share a year ago. For the year, the company reported total net revenue of $720,229,000, operating income of $46,461,000, income before income taxes of $1,213,000, net loss of $20,390,000 or $0.34 per diluted share compared to the total net revenue of $680,416,000, operating income of $90,743,000, income before income taxes of $44,123,000, net income of $27,441,000 or $0.45 per diluted share for the previous year. Cash provided by operating activities was $139,015,000 compared to $152,902,000 a year ago. Purchases of property, equipment, and software were $21,034,000 compared to $17,643,000 a year ago. Total non-GAAP Adjusted EBITDA was $243,037,000 compared to $220,841,000 a year ago. Non-GAAP adjusted net income was $82,508,000 or $1.35 per diluted share compared to $80,857,000 or $1.32 per diluted share a year ago. The company reported impairment of goodwill of $52,539,000 for the fourth quarter ended December 31, 2014. The company provided earnings guidance for the full year of 2015. For the year, the company expects total net revenue in the range of $753 million to $767 million, non-GAAP adjusted EBITDA in the range of $227 million to $237 million, GAAP diluted EPS in the range of $0.26 to $0.36 and non-GAAP diluted adjusted EPS in the range of $1.13 to $1.23. Depreciation expense in 2015 expected to be approximately $63 million, compared with $51.2 million in fiscal year 2014.

MedAssets, Inc. Announces Management Changes

MedAssets, Inc. announced that R. Halsey Wise has been as appointed chairman and chief executive officer of the company, effective immediately. Wise joined MedAssets board of directors in March 2014. Wise succeeds John A. Bardis, who is retiring for personal reasons due to family health issues. Bardis will remain on the MedAssets board of directors until the next annual stockholders' meeting.

HackensackUMC Renews Revenue Cycle Relationship with MedAssets, Inc

HackensackUMC Mountainside has expanded and renewed its revenue cycle services relationship with MedAssets, Inc. In pursuit of elevated financial performance both pre- and post-service, HackensackUMC will adopt use of MedAssets Patient Access Solutions, including expert consulting services, to optimize upfront payments and the patient point-of-service experience. These new services will build upon HackensackUMC Mountainside's ongoing MedAssets Accounts Receivable Services engagement, a full business office outsourcing arrangement that enables fast and efficient conversion of the hospital's accounts receivable (A/R) through onsite and remote billing and collections. HackensackUMC Mountainside will implement Financial Clearance Center Services from MedAssets to promote more timely and accurate insurance verification, patient liability calculation and upfront collections. Meanwhile, the A/R management services continue to support the teaching hospital in backend collections through performance reporting, prioritizing aged accounts and converting receivables into cash quickly and efficiently.

 

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Industry Analysis

MDAS

Industry Average

Valuation MDAS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book 2.6x
Price/Cash Flow 13.6x
TEV/Sales 0.4x
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