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October 20, 2009

ReMedPar Signs Multi-Year Agreement with MedAssets

Companies Join Together to Provide Quality Solutions to Customers

ReMedPar, a leading provider of aftermarket parts for diagnostic imaging and biomedical equipment, announced today that it is has signed a multi-year agreement with MedAssets Supply Chain Systems. Under the terms of the agreement, ReMedPar will provide a comprehensive range of solutions to MedAssets' customers, including diagnostic imaging and biomedical parts, training, technical support and parts identification services.

"MedAssets continues to bring value to our customers by finding partners that bring quality and cost effective solutions," stated Mark Miriani, president of MedAssets Supply Chain Systems. "ReMedPar's portfolio of products includes a wide range of innovative solutions from fully capitated parts contracts, online ordering systems to world class training in many diagnostic imaging modalities."

"Our newly signed partnership with MedAssets is a testament to our commitment to provide comprehensive value to our customers," said Rob Piconi, President and Chief Executive Officer of ReMedPar. "ReMedPar provides the broadest range of diagnostic imaging solutions in the industry, including quality tested and assured parts, training, technical support and web-based order fulfillment solutions. Our quality, cost and delivery is unmatched in the marketplace - the ReMedPar Team is excited to bring these capabilities to bear for MedAssets and their customer base."

Since the company's inception in 1987 ReMedPar has provided quality parts to its customers, numbering approximately 3,000 worldwide. ReMedPar's substantial investment in quality assurance and testing infrastructure distinguishes it as the market leader in owned and tested inventory.

About ReMedPar
ReMedPar is the leading provider of aftermarket parts with inventories in excess of $50 million dollars. ReMedPar is the only aftermarket parts provider that offers and end-to-end solution comprised of parts, technical support, parts identification, training, repair and equipment sales. ReMedPar maintains significant investment in quality assurance and testing for a wide range of modalities using factory trained engineers. Founded in 1987, the company is headquartered in Goodlettsville, TN and has approximately 3,000 customers worldwide including the largest Multivendor Service Organizations, Independent Service Providers, Integrated Delivery Network, Group Purchasing Organization and Diagnostic Imaging Centers. For more information, go to www.remedpar.com.

About MedAssets
MedAssets 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. MedAssets serves more than 125 health systems, 3,300 hospitals and 30,000 non-acute care healthcare providers.