Kaweah Delta Hospital Selects MedeFinance Performance OnDemand™ Business Analytics

Business Wire, April 16, 2007

OAKLAND, Calif. -- Emeryville-based Mede, the leading provider of on-demand business analytics with client services for healthcare providers and health plans, has contracted to implement its solutions at Kaweah Delta Hospital, Visalia, CA, part of the Kaweah Delta Health Care District. Mede's Revenue Cycle[TM] Analytics, Registration Quality[TM]Analytics, and Self-Pay[TM]Analytics solutions will allow the organization to improve operational and financial performance by tracking and monitoring key metrics and data, and developing best practices.

Gary Herbst, chief financial officer of Kaweah Delta Health Care District says, "Mede's registration quality and self-pay analytics give us the ability to improve registration accuracy and accountability on the front-end. We can now identify charity care and bad debt accounts when patients come into the hospital and take the best course of action from the very beginning." Herbst adds, "In addition, Mede's revenue cycle analytics will provide an accurate and single source for receivables performance. We selected Mede because the company has improved financial operations across key operating areas for hundreds of leading healthcare organizations. We were also impressed with their comprehensive, on-demand reporting capabilities."

Mede's suite of business analytics and customized reports, dashboards, and scorecards support a collaborative effort in managing operating performance to improve the bottom line.

"Ensuring accurate data capture and having automated and predictive tools at the point of patient registration helps hospitals significantly reduce costs on the back end of accounts receivable," said Jim Quist, chairman and CEO of Mede. "We are pleased to help bring new cost and efficiency gains to Kaweah Delta Hospital."

About MedeFinance

Mede is the leading provider of on-demand business analytics with client services to help healthcare providers and health plans improve performance. The company is recognized for delivering innovative services that create sustainable value through advanced, adaptive analytics, an instantly available IT environment and unparalleled client services. The company serves over 700 healthcare providers in the U.S. and U.K., including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and The Cleveland Clinic. To find out more about MedeFinance, visit www.medefinance.com.