MedClean Technologies, Inc.(fka MCLN)

[Slyder75]

Don't GPO's work in that you have a defined process that costs, say, $1.00. They provide access to a solution that reduces this cost to say $.78. The balance of the $.22 is the cost savings and MedAssets receives, as an example, 35% of that cost savings they have driven.

I'm pretty sure it works this way and therefore, MCLN would not have to provide a cut.

I could be wrong, but I've heard of group purchasing working this way.