KANSAS CITY, Mo. and ATLANTA, Oct. 11, 2010 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq:CERN) and MedAssets (Nasdaq:MDAS) announced a reseller agreement that increases the interoperability of Cerner's revenue cycle offerings and gives Cerner clients access to a broader suite of solutions to increase revenue capture, accelerate cash flow and reduce administrative costs.
The agreement enables Cerner to market MedAssets' entire suite of web-based revenue cycle technology solutions to enhance its revenue cycle management offerings. Using these solutions, Cerner clients will be able to access a broader suite of revenue cycle solutions to increase revenue capture, accelerate cash flow and improve margins.
"As we continue to expand our revenue cycle capabilities, we recognize the need to partner with companies offering best-in-class web-based applications," said Bill Wing, Cerner vice president, Revenue Cycle. "Next generation revenue cycle solutions will be critical for healthcare providers in an era of healthcare reform and increasing reimbursement complexity. With MedAssets, we are aligning ourselves with a clear leader in web-based revenue cycle technology content and services."
Neil Hunn, MedAssets' chief financial officer and president, revenue cycle technology, commented, "We are looking forward to the opportunity, in partnership with Cerner, to offer a comprehensive suite of revenue cycle solutions that deliver operational and financial improvements for healthcare providers."
MedAssets is exhibiting its revenue cycle management services at the Cerner Health Conference, Oct. 10-12, 2010 in Kansas City, Mo., in the Cerner Solutions Gallery.
About Cerner
Cerner is transforming healthcare by eliminating error, variance and waste for healthcare providers and consumers around the world. Cerner® solutions optimize processes for healthcare organizations ranging in size from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, employer health and wellness services industry and for the healthcare commerce system. These solutions are licensed by more than 8,500 facilities around the world, including approximately 2,300 hospitals; 3,400 physician practices covering more than 30,000 physicians; 600 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 700 home-health facilities; and 1,500 retail pharmacies. The trademarks, service marks and logos (collectively, the "Marks") set forth herein are registered and unregistered trademarks and/or service marks owned by Cerner Corporation and/or its subsidiaries in the United States and certain other countries throughout the world. (Nasdaq:CERN). For more information about Cerner, please visit , , , and .
About MedAssets
MedAssets partners with healthcare providers to improve financial strength by implementing spend management and revenue cycle management solutions that help control cost, improve margins and cash flow, increase regulatory compliance and optimize operational efficiency. MedAssets serves more than 125 health systems, 3,300 hospitals and 40,000 non-acute healthcare providers. For more information, go to .
CONTACT: Cerner Corporation Media Contact: Kelly Johnson (816) 777-8466 kelly.johnson@cerner.com Investors Contact: Allan Kells (816) 201-2445 akells@cerner.com MedAssets Robert Borchert (678) 248-8194 rborchert@medassets.com