MedAssets (MDAS) Tops Q3 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/15/2026
Go back to MedAssets (MDAS) Tops Q3 EPS by 4c
November 2, 2015 8:03 AM EST
Acquisition and realignment of MedAssets platform and planned merger
with Precyse creates a national leader in end-to-end outsourced revenue
cycle services, technology and education market
LONDON & NEW YORK--(BUSINESS WIRE)--
Pamplona Capital Management (Pamplona) is pleased to announce it has
agreed to acquire MedAssets (NASDAQ: MDAS), a leading healthcare
performance improvement company that serves four out of every five
hospitals in the United States. In addition, Pamplona has entered into a
separate agreement with VHA-UHC Alliance NewCo, Inc. (VHA-UHC Alliance),
the nations largest member-owned healthcare company, to divest
MedAssets Spend and... More
November 2, 2015 8:03 AM EST
ATLANTA, Nov. 2, 2015 (GLOBE NEWSWIRE) -- MedAssets, Inc. (NASDAQ: MDAS) and Pamplona Capital Management today announced that they have entered into a definitive agreement whereby Pamplona will acquire MedAssets for $31.35 per share in cash. The purchase price represents a 44.5% premium to the 30 trading day volume weighted average price of MedAssets common stock and an enterprise value of approximately $2.7 billion.
"Since February, our executive leadership team has been developing and implementing our business transformation and value creation plan to prepare MedAssets for a growth-oriented future within a value-based healthcare world. We have been making substantial progress,... More
November 2, 2015 8:01 AM EST
ATLANTA, Nov. 2, 2015 (GLOBE NEWSWIRE) -- MedAssets, Inc. (NASDAQ: MDAS) today announced results for its third quarter and nine-month period ended September 30, 2015, which are summarized below.
Three-Month Period
Â
Â
Â
Â
(In millions, except per share)
3Q'15
3Q'14
% Change
Net Revenue:
Â
Â
Â
Spend and Clinical Resource Mgmt. (SCM)
$117.2
$105.8
10.8%
Revenue Cycle Management (RCM)...
More
