Community Health Expands Revenue Cycle Management Relationship with MedAssets to Assist in its Organizational Improvement Initiative

MedAssets, Inc. (NASDAQ: MDAS) announced today that Community Health Network of Indianapolis, Ind., is expanding its use of MedAssets’ revenue cycle technology and services capabilities in order to optimize its performance and increase efficiency for sustainable financial improvement.

Community Health Network selected MedAssets’ revenue cycle solutions to assist in its organizational improvement initiative by helping the health system implement best-in-class technology and best practice administrative processes. The health system will utilize MedAssets’ process improvement consulting experts and accounts receivable services while expanding its use of MedAssets’ suite of Web-based software solutions across the revenue cycle to drive improved cash flow and net patient revenue. Community Health Network is a not-for-profit health system with more than 90 sites of care throughout central Indiana.

"From the beginning, we were impressed with the MedAssets unique approach of implementing best-in-class software solutions with their revenue cycle process improvement expertise, helping us to implement proven best practices and technology that will take us to a higher level in our financial operational performance,” said Charles Meadows, Network Vice President of Revenue Cycle at Community Health Network. "Community Health Network wanted a partner like MedAssets that could provide not only a short-term impact, but sustainable results to take our organization to top performance.”

"MedAssets is excited about the opportunity to help Community Health Network continue to improve its operational performance within the revenue cycle,” said Rand Ballard, Chief Customer Officer and Chief Operating Officer, MedAssets. "We look forward to helping the health system achieve best practice performance and arm its employees with the best-in-class technology they need to better serve the patients who depend upon them.”

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.

About Community Health Network

Ranked among the nation’s most integrated health care networks, Community Health Network has more than 90 sites of care and nearly 500 integrated physicians throughout central Indiana. This includes Community Hospitals East, North and South in Indianapolis and Community Hospital Anderson; The Indiana Heart Hospital, part of Community Heart and Vascular; Indiana Surgery Centers; Community Physicians of Indiana; Community Home Health Services; MedCheck walk-in care centers and MedCheck Express convenience clinics; employer health services; nursing homes; and other health care facilities. Community Health Network is committed to getting you well and back to your life. For more information about Community Health Network or to find a physician, call 800-777-7775 or visit eCommunity.com.

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