Press Release
For Immediate Release
MedeFinance and Media Contact: James T. Quist Chairman & CEO 510.647.1300 extension 204 email: jquist@medefinance.com
Triad Hospitals Selects MedeFinance Revenue and Accounts Receivable Module
ATB Manager™ Will Integrate Financial Information From Disparate Legacy Systems OAKLAND, Calif.– July 7, 2003 — Emeryville-based MedeFinance, a leading provider of web-based revenue cycle management solutions for the healthcare industry, announced today that Triad Hospitals Inc., a 50+ hospital system headquartered in Plano, TX, has commenced an eight hospital pilot of ATB Managerд, one of a suite of modules developed by MedeFinance to help hospital management monitor and measure key performance metrics of the revenue and accounts receivable cycle. In addition to ATB Manager, MedeFinance will provide custom accounts receivable reporting services. ATB Manager will be installed in eight Triad facilities and two physician offices across five divisions to provide Triad management with the ability to view key financial performance metrics through standardized financial data output without requiring any changes to the disparate legacy backend financial systems that exist within the group of facilities. “Our pilot with Triad is very exciting for MedeFinance”, stated company Chairman and CEO, Jim Quist. “This engagement underscores the power of ATB Manager to seamlessly integrate data from disparate financial systems into a homogeneous set of performance measures without requiring Triad to rebuild their existing financial data infrastructure. For Triad Hospitals this is a very cost effective decision.” 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.