Supply Chain

MedAssets, an Atlanta-based provider of supply chain management solutions, announced on Tuesday that it has agreed to acquire The Broadlane Group for roughly $850 million in cash. The deal, expected to be completed within three months, would combine two of the top four healthcare group purchasing organizations in the nation.

Prices for products used by healthcare providers will rise 3.1 percent on the national market in the next six months, according to a new report by the healthcare supply contracting company Novation.

Seven North Carolina hospitals who formed the Southern Atlantic Health Care Alliance purchasing coalition in 2007 have reportedly saved $2.8 million in supply costs over the past two years.