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MedAssets Expects to Complete Broadlane Acquisition this Week; Company to Provide Updated 2010 Financial Guidance on November 3

^{Published on 2010-11-15 11:40:21 - Market Wire}
 

ATLANTA--([ BUSINESS WIRE ])--MedAssets, Inc. (NASDAQ: MDAS) announced today that it expects to close its acquisition of The Broadlane Group within the next five days. Following completion of the transaction, the Company is planning to provide updated 2010 financial guidance for the combined company on Tuesday morning, November 30, 2010.

In conjunction with a press release, the Company will host a conference call on November 30^th at 8:00 a.m. EST to discuss its updated financial guidance, including any expected acquisition-related restructuring charges and deferred revenue discounts.

You will be able to access a live audio webcast of the call from the aEvents & Presentationsa page at [ http://ir.medassets.com ]. You can access the conference call by dialing 866-811-1812 (or 702-696-4559 for international/local callers), and providing passcode 25885506. For those unable to listen to the live broadcast, a Webcast replay will be archived on MedAssetsa™ Website. A conference call replay will be available for one week by calling 800-642-1687 (or 706-645-9291), passcode 25885506.

About MedAssets

MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve their financial strength by implementing spend management and revenue cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. For more information, go to [ www.medassets.com ].

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