MedAssets
About MedAssets
MedAssets is a Healthcare company based in Alpharetta (United States) founded in 1999, and was acquired by Pamplona Capital Management in November 2015. Analytical solutions for cost reduction, financial optimization, clinical delivery alignment and efficiency. MedAssets has completed 1 acquisition, including Sg2. MedAssets offers products and services including Spend Management, Data and Digital Solutions, Consulting, and Member Networks. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is Vizient Inc. Its competitors include IQVIA, Dental Intel and AVIA; 2 of its 3 listed competitors have raised funding.
Company details
MedAssets is a healthcare performance improvement company that provides technology-enabled products and services to healthcare organizations. Offers clinical, operational and revenue cycle analytics. Its Spend and Clinical Resource Management (SCM)segment delivers market insight, performance improvement advisory and cost management capabilities to healthcare providers. Its Revenue Cycle Management (RCM) segment provides revenue cycle management solutions to healthcare providers, primarily hospitals and health systems. The company offers its technological solutions in a SaaS model. MedAssets was acquired by Pamplona Capital Management for 2.7B in 2015.
- Headquarters Alpharetta, United States
- Stage Acquired
- SectorsHealthcare
- Website medassets.com
- Social LinkedIn X Facebook YouTube
- Acquired by Pamplona Capital Management (Nov 2015)
- Legal Name Vizient Inc.
- Latest Funding Round$1.7B (USD), Debt – Conventional
Feb 2016
- InvestorsPamplona Capital Management
& 3 more
- Investments & Acquisitions
- Acquired byPamplona Capital Management
(Nov 2015)
Products & Services of MedAssets
MedAssets offers a comprehensive portfolio of products and services, including Spend Management, Data and Digital Solutions, Consulting, and Member Networks.
Tools for managing and reducing hospital expenses effectively.
Platforms for healthcare data analysis and performance insights.
Expert guidance on healthcare operational and financial improvements.
Collaborative platforms for healthcare leaders to share resources.
Apps and channels of MedAssets
its YouTube channel Vizient, Inc. has 1.23K subscribers and 30 videos.
Videos from MedAssets
The most watched videos on MedAssets's YouTube channel, Vizient, Inc. (1.23K subscribers). Click a video to play it here.
More on Vizient, Inc..
Funding Insights of MedAssets
- Total Rounds 4
- Last Round Debt – Conventional — $1.7B
- First Round $500,000
(Aug 2002)
- Investors Count 4
All 4 funding rounds of MedAssets with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $1.7B | Debt – Conventional | – | – | |
| May 2005 | $21.7M | Unspecified | – | – | |
| Jun 2003 | Private Equity Round | – | – | ||
| Aug 2002 | $500,000 | Unspecified | – | – |
4 investors in total: 4 institutional.
Investors in MedAssets
MedAssets has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Pamplona Capital Management, Grotech Ventures and JMH Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm focused on multiple sectors | pamplonafunds.com | London, United Kingdom | ||
Early-stage US tech startups are invested in by Grotech Ventures. | grotech.com | Arlington, United States | ||
| jmhcapital.com | ||||
VC investments are handled by the McWhorter family office. | claytonassociates.com | Nashville, United States |
Investor details for MedAssets
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MedAssets
70 people are tracked at MedAssets (32 in leadership, 11 in board & advisors, 27 in team).
| Name | Role | Group |
|---|---|---|
David Ertel | CFO | Leadership |
Patty Olsen | Chief People Officer | Leadership |
Bsn Barbara Coleman Ms, Cmrp | Medical, Service Line Director | Leadership |
Irene Thompson | Executive Advisor to the CEO, Vice Chair & Vizient University Health System Consortium Board of Managers | Leadership |
Rand Ballard | Chief Customer Officer | Leadership |
David Berry | Chief Legal Officer | Leadership |
Bharat Sundaram | President & COO | Leadership |
Byron Jobe | President & CEO | Leadership |
Monica Davy | Chief Culture, Diversity & Inclusion Officer | Leadership |
Mary Hamner | Vice President Client Executive | Leadership |
Roseanne Cimo | Vice President - Revenue Cycle Services | Leadership |
Frank Longo | Vice President Client Executive Northeast TUHS | Leadership |
Cpc Q. Warner | Vice President, Icd-10 Business & Product Strategy | Leadership |
Tiffany Bingham | Director Of Operations | Leadership |
Amber Klein | Director, Client Relations | Leadership |
Rob Decarlo | Vice President Financial Planning Analysis | Leadership |
Becky Gutierrez | VP Performance Management | Leadership |
Barbara Carmona | Talent Acquisition Partner | Leadership |
Valentina Holguin | Patient Accounts Receivable Director | Leadership |
Tim Murray | VP Alternate Care | Leadership |
50 more people are available in the full profile.
Complete people profiles for MedAssets
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MedAssets
MedAssets has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sg2.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Analytics and consulting services are provided to clients. | sg2.com | Skokie, United States | 2001 | Aug 2014 | $142M |
Complete acquisition details for MedAssets
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of MedAssets
6 dated milestones of MedAssets across 17 years, from founding to its latest funding, stage changes and deals.
- Founded MedAssets is founded.
- Funding First funding round of $500K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Sg2.
- Exit Acquired by Pamplona Capital Management.
- Funding Latest funding round, Debt – Conventional, of $1.7B.
Competitors of MedAssets
MedAssets has 3 listed competitors in our database, 2 of them funded. They include IQVIA, Dental Intel and AVIA.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iqvia.com | 1982 | Durham, United States | 88,000 | Clinical research and commercialization solutions are provided for healthcare. | ||
| dentalintel.com | 2012 | Provo, United States | $34M | 180 | Dental intelligence is delivered via SaaS platform for performance analytics. | |
| aviahealth.com | 2003 | Chicago, United States | $35.2M | Digital platform for healthcare management and networking is offered. |
Detailed competitors of MedAssets
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MedAssets
Websites that share an audience with MedAssets (medassets.com).
Websites whose visitors overlap most with MedAssets. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| premierinc.com | 100% | 112.4K | #248,273 | View details | |
| vha.com | 100% | 10.9K | #2,300,006 | View details | |
novationco.com | novationco.com | 100% | – | ||
| allscripts.com | 88% | #252,416 | View details | ||
| gilead.com | 82% | 576.5K | #103,109 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for MedAssets
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as MedAssets (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about MedAssets
MedAssets was founded in 1999 and raised its 1st funding round 3 years after it was founded.
MedAssets is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
MedAssets is a healthcare performance improvement company that provides technology-enabled products and services to healthcare organizations. Offers clinical, operational and revenue cycle analytics. Its Spend and Clinical Resource Management (SCM)segment delivers market insight, performance improvement advisory and cost management capabilities to healthcare providers. Its Revenue Cycle Management (RCM) segment provides revenue cycle management solutions to healthcare providers, primarily hospitals and health systems. The company offers its technological solutions in a SaaS model. MedAssets was acquired by Pamplona Capital Management for 2.7B in 2015.
MedAssets's top competitors include IQVIA, AVIA and Dental Intel.
MedAssets offers Spend Management, Data and Digital Solutions, Consulting, and Member Networks.
MedAssets has made 1 acquisition, including Sg2.
MedAssets has 4 investors. Key investors include Pamplona Capital Management, Grotech Ventures, JMH Capital, and Clayton Associates.
MedAssets operates through Vizient Inc..
Yes. MedAssets was acquired by Pamplona Capital Management in November 2015.