MedAssets Overview

At MedAssets our people are our competitive advantage. Although our 3100 employees come from diverse backgrounds and have wide-ranging skills, we all share the same mission and core values. MedAssets is committed to recruit, retain and promote individuals with compassion, character, confidence, and commitment. Looking beyond the present and challenging the notion about what is possible in healthcare is what we do and what we expect from our team.

Our employees, in all of our locations, thrive in a fun, high-energy atmosphere and believe in the power of the team being greater than the sum of its parts. This commitment to teamwork extends beyond the workplace into the community through our unique Heart & Soul program that offers employees paid time off to work with charitable organizations.

MedAssets' comprehensive employee benefits portfolio offers flexible healthcare options, performance-based incentives, a great time-off program, retirement savings plans and more.

If you’re ready to discover what it’s like to be a part of a truly special organization, we invite you to view our current openings.

• Flexible Medical Care
  Employees have the choice of three health plans with varying levels of coverage and deductibles to meet your personal needs 
   
• Vision Care
  Covers one annual eye exam and reimbursement for one pair of glasses or contacts per person, every two years. 
   
• Dental Care
  Choose a basic plan or a plan that pays a higher level of benefits, including orthodontia 
   
• Health Care Flexible Spending Account
  Lowers your taxable income by reimbursing eligible and out-of-pocket medical, dental, and vision expenses on a pretax basis up to $5,000 per year.
   
• Dependent Care Flexible Spending Account
  Lets you lower your taxable income by reimbursing eligible day care and elder care expenses on a pretax basis - up to $5,000 per year, per household
   
• 401(k) Plan
  Lets you defer up to 100 percent of your pretax salary dollars. MedAssets matches 50% of the first 6% you contribute.
   
• Roth 401(k)
  Lets you defer post-tax dollars to save for retirement.  Company matches 50% of the first 6% you contribute.  Works in conjunction with the 401(k) plan.
   
• Financial Planning Services
  Provided through Vanguard, you have access to various levels of expert financial planning services to help you achieve your retirement goals.
   
• Employee Stock Purchase Plan
  Lets you purchase MedAssets stock at a reduced price through payroll deductions
   
• Paid Time Off
  Time off accrues throughout the year. Once time is accrued, it can be used for vacations, sick time, or other personal reasons. The accrual amount is based on length of MedAssets service.
   

  Years of Service	Annual Full-time Accrual
  0-3 years	17 days
  4-5 years	22 days
  6+ years	27 days

• Heart and Soul Program
  Take five days off per year to volunteer for an eligible cause that has meaning to you. 
   
• Paid Holidays
  Full-time employees receive 10 paid holidays per year
   
• Life Insurance
  Full-time employees automatically are covered by basic life insurance.  Through the benefits program, you are able to purchase additional coverage for yourself, and for your spouse/domestic partner and children. Accidental death and dismemberment coverage is available as well. 
   
• Disability 
  Includes short-term disability if you are unable to work for an extended period of time and long-term disability after you are unable to work for longer periods of time. 
   
• Voluntary Insurance Programs
  MedAssets provides employees with an opportunity to increase his/her term and universal life insurance coverage through convenient payroll deductions. Also offered is voluntary critical illness coverage. 
   
• Compensation Programs
  MedAssets pay philosophy is to target total compensation, be highly competitive in the market, and to pay for performance. There are many opportunities to add to base pay, such as merit increases and promotions. 
   
• Performance Based Bonus Plan
  MedAssets has an annual bonus plan that rewards employees based on the company’s performance (to reward team success) and individual performance (to reward your contributions to that success). 
   
• Gyms
  Onsite workout facilities in Alpharetta, GA, Cape Girardeau, MO, El Segundo, CA, Centennial, CO, and St. Louis, MO. 
   
• Employee Discount Program
  Employees can enjoy discounts on various widely used products and services.  
   
• Employee Assistance Program
  Offers confidential counseling services 24/7. Includes Work / life balance resources and referrals.

The core values of MedAssets are critical to our success as they describe how we think and act. These principles create a corporate culture that makes us all feel proud to work for such a great company.  When reviewing MedAssets’ Core Values, it is easy to see that we are not only driven to professional success, but also driven to make a difference within our communities. In light of this desire to serve, and recognizing that it is sometimes difficult to find time to improve our communities, we have created Heart and Soul. This program provides the structure by which employees and the Company can partner to help others by giving of our most valuable assets … skills, intelligence, and time.

Through Heart and Soul the Company will pay its employees their normal hourly rate or salary up to five business days per calendar year to serve at a qualified and approved charitable organization.

If you’re ready to discover what it’s like to be a part of a truly special organization, we invite you to view our current openings.

“Within MedAssets, we strive to maintain an environment that promotes a diverse and inclusive environment where employees feel welcomed, respected, supported and valued as team members. By valuing and respecting the diverse backgrounds and experiences of our employees, our company benefits from a diverse, more engaged workforce which is empowered to fully contribute toward MedAssets’ goal of driving meaningful value to our customers. MedAssets embraces the critical links between diversity, our organization’s success and community service.” 

MedAssets strives to develop and maintain an environment which values the similarities and differences of all aspects of an individual’s personality, ideas and identity and focuses on inclusion.  Diversity provides the potential for greater innovation and creativity.  MedAssets is committed to fostering an inclusive organization that respects and values the contributions of all employees regardless of race, ethnicity, gender, religion, age, sexual orientation, disability, socio-economic status, political belief or life experience.

We believe that by embracing diversity as a core business value, we can provide products, services and solutions that are more innovative and reflective of the diverse needs of our customers and the communities they serve, and that by utilizing the abilities of all individuals to their fullest extent within the framework of our business environment, we can provide exceptional service to our customers and support the continued viability and growth of our company. Further, we believe diversity and inclusion drive the organizational high performance necessary to be a thought leader in the industry and to fully maximize our competitive advantage.

Our commitment to diversity is reflected in MedAssets core values as well as through the various business practices and initiatives described below:

• MedAssets Diversity Council – The MedAssets Corporate Diversity Council consists of MedAssets employees whose focus is to identify opportunities for improvement, investigate and recommend solutions and advocate for change on workplace topics and interests of MedAssets’ diverse workforce.
• Human resource practices – MedAssets strives to eliminate discrimination and harassment in all its forms and is committed to making employment decisions that will advance their principle of equal opportunity and affirmative action.  MedAssets employs human resource practices that attract persons from diverse backgrounds and is committed to recruiting, retaining, promoting and supporting the professional development of all individuals with compassion, character, confidence and commitment.
• Employee development and training – MedAssets offers instructor-led and online training courses for employees on topics such as “The Reasons Why Diversity Matters,” “Workplace Diversity Awareness,” “Getting Past Clashes: Valuing Team Diversity,” “Generations in the Workplace,”  and more.
• Supplier Diversity program – MedAssets’ Supplier Diversity program assists organizations in working with diverse businesses to  meet their purchasing needs and supports our customers’ efforts to build strong and culturally diverse communities.  MedAssets believes that maximizing opportunities for growth and sustainability among diverse suppliers results in an expansive portfolio of innovative, quality products and competitiveness in the supply chain.  MedAssets has also created a Supplier Diversity Advisory Committee to provide guidance to MedAssets regarding the Supplier Diversity Program. The committee provides valuable input to the development and enhancement of MedAssets’ Supplier Diversity Program and provides an opportunity for networking and best practice sharing amongst professionals who seek to advance supplier diversity initiatives in the industry.
• Supplier awards – The Diverse Supplier of the Year Award is given annually to the diverse supplier on contract with MedAssets who demonstrates a corporate commitment to diversity and encourages diversity in the supply chain by supporting member supplier diversity initiatives and demonstrates consistent and measurable contract growth.
• Support of diversity organizations – Through MedAssets’ Supplier Diversity Program, MedAssets supports and participates in organizations such as the National Minority Supplier Development Council and the Women’s Business Enterprise National Council whose missions support the growth and success of diverse suppliers.
• Hire Heroes – MedAssets proudly supports Hire Heroes USA, an organization whose mission is to provide career placement assistance to all of our returning service men and women. The HHUSA program focuses on providing transition assistance to Operation Iraqi Freedom and Operation Enduring Freedom veterans, specializing in the career placement of those injured or with any level of disability.