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Article: MedAssets Arms Healthcare Providers with Defensible Pricing Strategies.
- Article from:
- Biotech Week
- Article date:
- September 9, 2009
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In today's tough economic climate, the majority of U.S. hospitals are challenged to generate low single-digit profit margins given the impact of rising supply costs, variances in supply utilization, and reduced revenue due to changes in patient volumes and payor reimbursement. To address these existing challenges, MedAssets, Inc. (NASDAQ: MDAS) is helping hospitals develop defensible pricing strategies through Web-based technology and consulting solutions that improve profitability and offer pricing transparency for consumers choosing where to spend their healthcare dollars (see also MedAssets, Inc.).
For healthcare providers, the need for defensible pricing ...