MedAssets Inc (MDAS.OQ) Key Developments | Reuters.com
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MedAssets Inc (MDAS.OQ)

MDAS.OQ on NASDAQ Stock Exchange Global Select Market

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27 Jan 2016
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Latest Key Developments (Source: Significant Developments)

MedAssets Inc extends strategic partnership with HealthTechS3
Friday, 20 Nov 2015 08:30am EST 

MedAssets Inc:Says extension of its long-standing strategic partnership with HealthTechS3.Agreement continues a successful 20-year participation in HTS3's Business Partnership Program, through which HTS3 customers can access MedAssets' supply chain and capital and construction solutions to reduce the total cost of care.  Full Article

MedAssets Inc to be acquired by Pamplona Capital Management
Monday, 2 Nov 2015 08:00am EST 

MedAssets Inc:To be acquired by pamplona capital management for $2.7 billion.Says pamplona will acquire Medassets for $31.35 per share in cash.Says Medassets-pamplona transaction is expected to close in the first quarter of 2016.Says following completion of acquisition pamplona will move to complete the sale of Medassets scm segment to vha-uhc alliance.Says following completion of acquisition pamplona will combine its precyse business with Medassets rcm segment.  Full Article

UMass Memorial Health Care renews and expands relationship with MedAssets Inc
Thursday, 6 Aug 2015 08:30am EDT 

MedAssets Inc:Says that UMass Memorial Health Care renewed and expanded its longstanding relationship with MedAssets.To further drive cost reductions enterprise-wide.Says multi-year agreement leverages breadth of MedAssets supply chain management and procurement solutions, consulting expertise, sourcing services and analytics to further optimize supply chain performance, streamline procurement operations and improve clinical alignment.  Full Article

Starboard Value LP discloses 8.7% ownership in MedAssets Inc
Tuesday, 4 Aug 2015 06:30am EDT 

MedAssets Inc:Says Starboard Value LP (together with its affiliates, Starboard) on Aug. 3 disclosed an 8.7 pct ownership stake in company.Starboard Value LP disclosed an 8.7 pct ownership stake in MedAssets Inc.  Full Article

MedAssets Inc raises FY 2015 guidance
Wednesday, 29 Jul 2015 04:04pm EDT 

MedAssets Inc:Now Expects FY 2015 total net revenue in the range of $756.0 - $768.0 mln.Expects FY 2015 Non-GAAP adjusted EBITDA in the range of $232.0 - $238.0 mln.Expects FY 2015 GAAP EPS - diluted in the range of $0.28 - $0.34.Expects FY 2015 Non-GAAP adjusted EPS in the range of $1.20 - $1.26.FY 2015 revenue of $759.5 mln, EBITDA of $231.5 mln, EPS of $1.19 - Thomson Reuters I/B/E/S.  Full Article

MedAssets Inc reaffirms FY 2015 outlook
Wednesday, 29 Apr 2015 04:04pm EDT 

MedAssets Inc:Reaffirms FY 2015 financial guidance ranges.Expects FY 2015 total net revenue in the range of $753.0 - $767.0 mln.Expects FY 2015 Non-GAAP adjusted EBITDA in the range of $227.0 - $237.0 mln.Expects FY 2015 GAAP EPS - diluted in the range of $0.26 - $0.36.Expects FY 2015 Non-GAAP adjusted EPS in the range of $1.13 - $1.23.FY 2015 revenue of $759.2 mln, EBITDA of $231.4 mln, EPS of $1.19 - Thomson Reuters I/B/E/S.  Full Article

Chuck Garner promoted to chief strategy and transformation officer; Anthony Colaluca Joins MedAssets Inc as Chief Financial Officer
Tuesday, 17 Mar 2015 04:10pm EDT 

MedAssets Inc:Anthony Colaluca, Jr. has joined the company as executive vice president and chief financial officer (CFO), effective immediately.Garner was promoted to serve as executive vice president and chief strategy and transformation officer.Garner had been MedAssets chief financial officer since April 2011.  Full Article

MedAssets Inc gives FY 2015 revenue outlook; earnings outlook below analysts' estimates
Tuesday, 17 Feb 2015 04:06pm EST 

MedAssets Inc:Expects FY 2015 total net revenue in the range of $753.0 - $767.0 mln.Expects FY 2015 Non-GAAP adjusted EBITDA in the range of $227.0 - $237.0 mln.Expects FY 2015 GAAP EPS - diluted in the range of $0.26 - $0.36.Expects FY 2015 Non-GAAP adjusted EPS in the range of $1.13 - $1.23.FY 2015 revenue of $758.4 mln, EBITDA of $250.7 mln, EPS of $1.45 - Thomson Reuters I/B/E/S.  Full Article

MedAssets Inc announces extension of share repurchase plan and increase to $100 mln
Tuesday, 17 Feb 2015 04:05pm EST 

MedAssets Inc:Authorizes extension of the existing share repurchase program to Feb. 29, 2016 and increased the amount available for the repurchase of shares to $100 mln.Says it has repurchased $42.8 mln in common stock under the program.  Full Article

MedAssets Inc appoints new Chairman and CEO
Tuesday, 17 Feb 2015 04:04pm EST 

MedAssets Inc:Announces that R. Halsey Wise has been appointed Chairman and Chief Executive Officer of the company, effective immediately.R. Halsey Wise succeeds John A. Bardis, who is retiring for personal reasons due to family health issues.  Full Article