MedAssets is a provider of healthcare supply chain and revenue cycle management solutions and healthcare consulting services. Mr. Bardis projects “good uplift” in the fourth quarter 2011 from MedAssets’ businesses will carry over and represent solid growth in 2012.
When asked how President Obama’s healthcare reform law would affect MedAssets in 2012 and beyond, Mr. Bardis said neither the law nor a possible repeal of the law should pose any deterrence to the company’s continued growth. The Supreme Court is expected to deliver a ruling on the law’s unconstitutionality in an upcoming review this spring.
“No, as it stands today we’re dealing with future constrained resources. So in any event, we’re going to have to get more efficient at what we do,” Mr. Bardis said. “And because hospitals don’t have the ability to share data with one another, we are a company that brings forward what is known best practice from one institution to the next in a way that makes it proficient and at the same time repeatable.”
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