Former MedAssets CEO John Bardis Appointed to Major Role at HHS
Tags: healthcare procurement, healthcare supply chain, HHS, John Bardis, L2, medassets, Vizient
Former founder and MedAssets CEO, John Bardis, has been appointed Health and Human Services assistant secretary for administration.
MedAssets grew in total net revenue from $188.5 million in 2007 to $720.2 million in 2014 during his tenure. In November 2015, MedAssets was sold for $2.7 billion to Pamplona Capital, which sold pretty much everything but its revenue cycle management business to Vizient (about half the value of the business).
The mission of the Office of the Assistant Secretary for Health (OASH) is to optimize the nation’s investment in health and science to advance health equity and improve the health of all people. OASH oversees 12 core public health offices â€” including the Office of the Surgeon General and the U.S. Public Health Service Commissioned Corps â€” as well as 10 regional health offices across the nation and 10 presidential and secretarial advisory committees.
No doubt Mr. Bardis will find himself surrounded by policy wonks in his new role, so it should be an interesting transition for him and for HHS.
Source: Healthcare Finance