Press Release
For Immediate Release
MedeFinance and Media Contact: James T. Quist Chairman & CEO 510.647.1300 extension 204 email: jquist@medefinance.com
Berger Health System Selects MedeFinance Financial Analytics Solution
OAKLAND, Calif.– November 30, 2004 — Emeryville-based MedeFinance, a leading provider of financial analytic solutions for healthcare fiscal managers, announced that Berger Health System, a community-based healthcare network located in Circleville, OH, has signed a three year agreement to implement ATB Manager™ to monitor and measure key financial performance metrics. ATB Manager, which is currently installed in more than 400 U.S. hospitals, provides management with a standardized, reliable, and current-time view of financial performance, delivering actionable information and key analytics in a user-friendly interface. “ATB Manager will help us anticipate financial challenges and make the most effective decisions for optimizing accounts receivable and improving our overall revenue cycle performance,” stated Tim Colburn, CFO of Berger Health System. “We are excited about having this level of decision intelligence to help develop performance standards and drive financial improvement.” "We are very pleased to be working with Berger Health System and are confident that our analytics solution will positively impact their performance at all stages of the revenue cycle,” stated Jim Quist, CEO of MedeFinance. “We welcome Berger Health System to the MedeFinance family.” About Berger Health System Berger Health System is a community-based health care system located in Circleville, Ohio committed to providing the highest quality health services, while exercising prudent fiscal responsibility. Berger Health System is dedicated to promoting community wellness and enhancing the health, welfare, and safety of all employees. About MedeFinance MedeFinance is the industry’s first provider of on-demand analytic software and services for healthcare financial managers and executives. The company is recognized for delivering innovative services that improve financial performance and create sustainable value through a revolutionary combination of sophisticated analytics, an instantly available IT environment, and unparalleled client services. The company serves over 400 U.S hospitals, including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and Triad Healthcare Inc. Founded in 1994, MedeFinance is a rapidly growing, privately held company headquarted in Emeryville, Calif. To find out more about MedeFinance, visit www.medefinance.com.