MedAssets, Inc. MDAS, -0.38% today announced that it promoted Bharat Sundaram to president of its Spend and Clinical Resource Management (SCM) segment, effective immediately. In this role, Mr. Sundaram will provide overall leadership and set strategic direction for operations, product development, implementation, client service, and sales and marketing. He reports to Mike Nolte, MedAssets president and chief operating officer.

“Bharat has a collaborative and action-oriented style that is driving necessary business improvements in operational alignment, integration and accountability throughout our organization. His team’s recent initiatives in data analytics and technology to enhance supply chain visibility and the value our customers realize from our solution portfolio, as well as plans to improve our overall customer value proposition. These and other actions will help inform our future decisions on how and where to invest for long-term success,” said Halsey Wise, MedAssets chairman and chief executive officer. “We are confident that Bharat and his senior team have the deep industry experience, proven leadership and innovation focus to help MedAssets realize our SCM segment’s full potential in a value-based healthcare environment.”

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