MedAssets, Inc. provides technology-enabled products and services, which together deliver solutions designed to improve operating margin and cash flow for hospitals and health systems. These solutions are offered primarily through Company-hosted software, or software as a service (SaaS), supported by enterprise-wide sales, account management, implementation services and consulting. The Company delivers its solutions through two business segments: Revenue Cycle Management, which provides a suite of products and services that span what has traditionally been viewed as the hospital revenue cycle, and Spend Management, which helps customers manage their non-labor expense categories through a combination of group purchasing, performance improvement consulting, including implantable physician preference items (PPI), cost and utilization management and service line consulting, and business intelligence tools. On June 2, 2008, the Company acquired Accuro Healthcare Solutions, Inc.