Market Overview

Cerner, MedAssets Announce Expansion of Collaboration, Integration Technologies

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Cerner (NASDAQ: CERN) and MedAssets (NASDAQ: MDAS) announced today the expansion of the companies' business relationship. Knowledge components of MedAssets Claims Management solution will be embedded within the Cerner® Patient Accounting solution to give Cerner clients significantly enhanced claims processing workflow capabilities, operational efficiencies and optimized payments.

The agreement builds upon the two companies' reseller agreement, which enables Cerner to market MedAssets end-to-end portfolio of Web-based revenue cycle solutions. It also reflects a mutual commitment to offer interoperable solutions that empower care providers to swiftly adopt the latest revenue cycle technologies in support of improving the efficiency and effectiveness of the healthcare industry.

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