PRESS RELEASE                                                                             

                                                                                    Contacts:

For Immediate Release                                                          Alison Shaya

July 8, 2004                                                                             Aesthetic Technologies

                                                                                                303-469-0965

                                                                                                ashaya@atimed.com

                                                                                                Gary Johnson

                                                                                                MedAssets

                                                                                                678-323-2528

For Immediate Release                                                          gjohnson@medassets.com

 

 

Aesthetic Technologies announces agreement with MedAssets.

 

BROOMFIELD, CO (July 8, 2004) Aesthetic Technologies of Broomfield, Colorado announced today the signing of a three year contract with MedAssets to be a supplier of medical microdermabrasion equipment and supplies.  As the aesthetics industry continues to grow at a rapid pace, and more physicians are adding aesthetics to their practices, this partnership offers MedAssets members access to the leading microdermabrasion equipment while realizing benefits through their MedAssets contract.

Parisian Peel® Medical Microdermabrasion is a non-surgical, non-chemical skin rejuvenation method marketed to physicians worldwide. This modality is used to treat fine facial lines, wrinkles, acne scars, unwanted pigmentation, and other cosmetic skin conditions caused by aging, sun exposure or trauma.

Evidence of continued market growth comes from statistics released in 2003 by the American Academy of Aesthetic Plastic Surgeons (ASAPS) which show that microdermabrasion now ranks as the 3rd most common non-surgical cosmetic procedure performed by plastic surgeons.

“We are very excited about this partnership and the opportunity to provide MedAssets and its members the highest quality microdermabrasion equipment.” said Alison Shaya, president of Aesthetic Technologies.

“MedAssets is pleased to add Aesthetic Technologies to our portfolio of products,” stated Rand Ballard, president of MedAssets Supply Chain and Business Services Group. “It is MedAssets’ goal to provide customized and flexible solutions for each customer, including access to the highest quality products at a reasonable cost.”

About Aesthetic Technologies

Aesthetic Technologies (ATI) is the leading manufacturer of microdermabrasion equipment for the medical industry.  ATI has established its products as the highest quality and most reliable equipment on the market, evidenced by a significant installed customer base and numerous peer reviews and independent research.  Through ongoing partnerships and worldwide distribution, Aesthetic Technologies remains at the forefront of aesthetic medicine.  For more information about Aesthetic Technologies or Parisian Peel, please visit www.parisianpeel.com, or contact Alison Shaya, president, 2150 W. 6th Avenue, Unit J, Broomfield, CO 80020.

 

About MedAssets
MedAssets, headquartered in Atlanta, Georgia, improves healthcare providers' margin and cash flow through revenue cycle and supply chain initiatives. As a strategic business partner, MedAssets can replace multiple vendors and decrease supply costs by 3-10 % and increase net patient revenue by 1-3 %. Proprietary information technology is used to work with and improve existing IT assets and work processes.  MedAssets, through its - revenue cycle subsidiary MedAssets Net Revenue Systems, provides best-of-breed revenue solutions including strategic pricing, pre bill charge capturing, and ongoing chargemaster management tools. MedAssets, through its supply chain subsidiary, operates the fastest growing group purchasing organization and supply chain services company in the U.S. and builds customized solutions encompassing procurement of common medical supplies, pharmaceuticals, physician preference supplies, and capital equipment.

 

MedAssets serves more than 22,000 healthcare providers nationwide through its revenue cycle and supply chain operations including Banner Health (Arizona), Bon Secours Health System (Maryland), Charleston Area Medical Center (West Virginia), Christiana Care Health System (Delaware), Inova Health System (Virginia), Memorial Hermann Healthcare System (Texas), North Mississippi Health Services, Rush System for Health (Illinois), St. Joseph Health System (California), Saint Barnabas Health Care System (New Jersey), The University of North Carolina Health Care System, University Hospitals Health System (Ohio), University of Pittsburgh Medical Center (Pennsylvania), and many others. For more information about MedAssets go to www.medassets.com or contact Gary Johnson, vice president of  Marketing and Marketing Services, 100 North Point Center East, Suite 200, Alpharetta, GA 30022.

 

 

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Parisian Peel is a registered trademark of Aesthetic Technologies