MedAssets to Acquire Accuro | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

MedAssets to Acquire Accuro

April 30, 2008
by root
| Reprints

MedAssets, Inc. (Atlanta), a provider of cost management services to healthcare companies, is buying Dallas-based Accuro Healthcare Solutions, Inc. for $350 million, including $100 million of debt.

According to MedAssets, the acquisition will expand its position in hospital-based revenue cycle management by creating a broader suite of ASP-based solutions. The combined customer base will include more than 3,300 U.S. hospitals.

MedAssets will pay $207 million in cash and 8.85 million shares of its stock, plus a deferred payment of $20 million due 12 months after the deal closes. MedAssets expects its net revenue for the first quarter of 2008 to be between $58 and $59 million.



Anthem to Create Tech Center in Downtown Atlanta

Anthem has announced that its local Atlanta affiliate will build a new technology center downtown where 3,000 multidisciplinary IT professionals will work on innovative projects to help improve the consumer experience.

Healthcare Associations to Congress: Extend MACRA Flexibilities by Three More Years

Several prominent healthcare associations and medical societies have written a letter to leading members of the Committee on Energy and Commerce, proposing to continue current MACRA flexibilities for an additional three years.

HIMSS Issues “Call to Action” on Nationwide Interoperability

The Chicago-based Healthcare Information and Management Systems Society (HIMSS) has issued a “call to action” for the Department of Health and Human Services (HHS) and others to achieve nationwide interoperability.

Delaware’s Nemours Hospital Receives Stage 7 Designation

Nemours Alfred I duPont Hospital for Children, a pediatric hospital located in Wilmington, Del., has been recognized by HIMSS Analytics as a Stage 7 patient care organization.

Survey: Broad Usage of AI in Healthcare Still Two to Five Years Out

Roughly 48 percent of healthcare organizations currently use clinical intelligence solutions, but most healthcare organizations predict broad usage of artificial intelligence won’t happen for another two to five years, according to a HIMSS Analytics 2017 Essentials Brief.

KLAS: Providers’ Needs for Advanced Pop Health Solutions Ramp Up

Provider organizations’ needs in managing population health are as varied as the capabilities of the IT solutions designed to assist them, according to KLAS researchers following a new report.