LAS VEGAS, Feb. 29, 2016 /PRNewswire/ -- The newly combined MedAssets-Precyse enterprise, formed following Pamplona Capital Management's acquisition of MedAssets on January 27, 2016, will join together as one unified team at the 2016 HIMSS Annual Conference & Exhibition to showcase its vision forward and offerings.
Combined to combat the fragmentation and lack of accountability in the industry, the company leverages the strengths and collective knowledge of MedAssets' revenue cycle management (RCM) and Precyse's health information management (HIM) to create a leader in the end-to-end revenue cycle services, technology and education market.
"We recognize that the industry has a critical need as demands on healthcare grow increasingly complex," said Joel Hackney, CEO of MedAssets-Precyse. "It's our mission to improve the shared healthcare experience of consumers, communities, customers and our colleagues, and we're doing that by creating a strategic end-to-end partner to replace the patchwork of vendors typically found in our industry. We will serve as partners who listen and understand, who offer true innovation and investment, ROI that can be proven through data and analytics, and long-term value for existing and future customers." He added, "We're thrilled to be coming together at HIMSS to share our collective story and the solutions we deliver."
In addition to driving combined solutions, the company will make significant investments in scale by building service centers, expanding offerings and investing in technology internally and with EMR software partners; and in key pain points including patient payments, ambulatory/MSO, value-based reimbursement and consumerism.
Though in the process of being fully integrated, the companies have partnered for many years to fulfill the unique needs of healthcare customers. Companies including Centegra Health System, a customer of MedAssets and Precyse since 2013, enlisted their combined services in both HIM and RCM, resulting in significant savings and increased capacity. Centegra will share its success story as part of the HIMSS16 Lunch & Learn on March 2 from 1-2 p.m. Register at www.precyse.com/Centegra.
The MedAssets-Precyse will be located at booth #7105. For more information, visit www.precyse.com/HIMSS2016
The combined MedAssets-Precyse enterprise is the leader in providing end-to-end revenue cycle services, technology and education solutions. The integrated companies offer extensive capabilities to improve organizations' operational health, grow business and ultimately improve the quality of healthcare. The companies are in the process of becoming fully integrated, a process that is expected to be completed in 2016. For more information, visit www.medassets-precyse.com.
Audra Murphy, Precyse