Wireless Applications

MedAssets Awards Multiyear Contract to LifeSync

February 2, 2009

The agreement provides for the sale of the LifeSync wireless ECG system and collaboration on marketing promotions to MedAssets' customers.

FORT LAUDERDALE, FL /PRNewswire/ -- LifeSync Corp., a wireless ECG data communication system innovator, was awarded a multiyear contract for the sale of the LifeSync wireless ECG system, which includes disposable ECG LeadWear products, with MedAssets Supply Chain Systems, effective February 1. MedAssets Supply Chain Systems is one of the largest group purchasing and supply chain services in U.S., serving more than 125 health systems, including 2500 hospitals. The LifeSync wireless ECG system offers patient safety and productivity solutions to hospitals. The system, which works with a hospital's installed patient monitoring equipment, untethers patients from lead wires and can increase the accuracy of patient alarms and decrease the risk of hospital-acquired infections. Under the terms of the agreement, the two companies will collaborate on customized marketing promotions to MedAssets' customers.

"The LifeSync Wireless ECG System3 received top reviews from our members during our annual Technology Forum, where new and innovative solutions focusing on improving patient care are evaluated," noted Jim Schwob RN BSN CNOR, Director Clinical Supply Chain, MedAssets Supply Chain Systems.

Shelley Hartman, President of LifeSync Corp., said, "Being chosen by MedAssets and its members as a patient safety innovator is an honor. We are pleased to enter into this agreement with MedAssets. MedAssets is a major supply chain leader and brings its members innovative technologies that improve patient outcomes while controlling costs."

MedAssets members can arrange a custom consultation on how the LifeSync wireless ECG system can be implemented in their facility by calling 866-831-3888.

About LifeSync
LifeSync Corp. develops and markets patient safety and hospital productivity products that can deliver better patient outcomes and lower costs for hospitals. The company's wireless ECG system is the "only high-fidelity, cable-free system available that can acquire and transmit physiological parameters to any monitoring infrastructure using single-patient use sensors." For more information, call 800-831-7962.

About MedAssets
MedAssets partners with healthcare providers to improve their financial strength by implementing integrated 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, 3300 hospitals, and 30,000 nonacute care healthcare providers.

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