Press Release
For Immediate Release
MedeFinance and Media Contact: James T. Quist Chairman & CEO 510.647.1300 extension 204 email: jquist@medefinance.com
Kaiser Permanente Awards Four Year Contract Extension to MedeFinance
Contract Calls for Expanded User Licensing for Revenue Cycle Management Solutions OAKLAND, Calif.– January 3, 2003 — Emeryville-based MedeFinance, a leading provider of revenue cycle management solutions for the healthcare industry, announced today a four-year contract extension with one of the country’s premier medical institutions, Kaiser Permanente, for continued revenue cycle management solutions for its 43 Hospitals in Northern California. MedeFinance’s electronic revenue cycle management tools provide a standardized, accurate and current view of Kaiser’s revenue cycle and include: ATB Manager ä, a module designed to monitor and effectively measure key metrics of the revenue and accounts receivable cycle, and ERA Manager,ä a module that collects and analyzes payer-generated adjudication information and provides enterprise-wide access to analytical data and reports. “We are excited about continuing to work with Kaiser Northern California for another four years, and are very proud of the broad-based user acceptance of our revenue cycle management solutions,” stated Jim Quist, Chairman and CEO of MedeFinance. “We have established a solid reputation for developing revenue cycle management solutions for multi-hospital systems, and look forward to continuing to provide Kaiser with targeted systems to improve their bottom line performance.” About MedeFinance MedeFinance is a leading application service provider of revenue cycle management solutions for the healthcare industry. The company is recognized for delivering innovative products and services that improve bottom-line performance and create sustainable value for its clients which include Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and Triad Hospitals, Inc. MedeFinance is a privately held company based in Emeryville, Calif. To find out more about MedeFinance, visit www.medefinance.com.