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MedAssets Expands Relationship with Alameda Health System to Support Patient Accounting System Conversion

ATLANTA--(BUSINESS WIRE)--MedAssets (NASDAQ: MDAS) today announced that Alameda Health System (AHS), a major public healthcare provider headquartered in Oakland, Calif., has engaged the company’s Accounts Receivable Services (A/R) to sustain the system’s revenue capture and cash collections as it undergoes a patient accounting system conversion. According to the agreement, MedAssets will augment AHS’s existing resources, acting as an extension of the system’s business office to enable the efficient management of revenue to optimize cash flow and reduce A/R days.