OAKLAND, Calif. June 27, 2005 –Emeryville-based MedeFinance, a leading provider of on-demand analytics and client services for healthcare financial managers and executives, announced that it will introduce and demonstrate two new products, MedeFinance Self-Pay™ Analytics, and MedeFinance Payer Contract™ Analytics in booth #429 at HFMA's ANI Healthcare Finance Conference, being held June 26-30 at Bally's Hotel & Convention Center, Las Vegas, Nevada.

The new applications are part of the MedeFinance Performance OnDemand™ service, a revolutionary blend of adaptive web analytics, client services, and an on-demand IT environment that helps healthcare financial managers accelerate sustainable improvements in financial performance. Using MedeFinance's adaptive analytics applications, financial managers can compare actual performance measures against performance targets in a variety of areas, drill into detailed transactions, identify root causes, and take appropriate action to drive continual performance improvement.

Over 400 U.S. hospitals currently use MedeFinance's adaptive analytics applications and client services to enable financial performance management. Additional analytics applications rounding out the suite include: MedeFinance Revenue Cycle™ Analytics, MedeFinance Reserve™ Analytics, MedeFinance Payer Profiling™ Analytics, MedeFinance Financial™ Analytics, and MedeFinance Denial™ Analytics.

“MedeFinance continues to build upon its commitment to helping healthcare organizations improve financial performance,” stated Jim Quist, CEO of MedeFinance.  “Having a ccess to payer-specific data and analytics is critical toward understanding payer pe rformance and compliance in order to realize significant improvements in reimbursements and unpaid claims.  In addition, self-pay is the payer class that is growing the quickest, which makes a comprehensive analytic approach so important.”

MedeFinance Self-Pay Analytics

Self-Pay Analytics enables healthcare organizations to optimize their portfolio of self-pay accounts as well as enforce and track charity care policies. The application leverages a hospital-specific scoring methodology to accurately predict a patient's propensity to pay for services. Financial managers are able to prioritize self-pay receivables based on predicted payment behavior in order to maximize net collective value, lower days AR outstanding, and improve staffing efficiency. In addition, the module empowers organizations to identify patient candidacy for existing charity care policies and incorporate new policies as they are developed. Detailed tracking and analysis of all charity care is a key component.

Self-Pay Analytics also features eligibility verification for government programs, such as Medicare and Medicaid, as well as patient identity verification, to ensure that data taken at point of registration is correct and protected against identity fraud.

MedeFinance Payer Contract Analytics

Payer Contract Analytics is designed to accelerate cash flow and improve payer net margin and contract performance. The analytics application helps healthcare organizations discover and analyze payer performance, and utilizes a powerful “point and click” drill down and alert functionality. Financial managers can easily integrate payer contract profiles with patient financial and clinical data to determine product line profitability, physician contributions, and key volume trends.

Payer Contract Analytics also increases an organization's ability to more effectively manage and negotiate third party payer contracts by providing managers with comprehensive data and supporting detail about contract performance that is essential for re-negotiating or re-structuring underperforming contracts and managing payer relationships.

About MedeFinance

MedeFinance is a leading provider of on-demand analytic applications and client services to help healthcare financial managers and executives improve performance. The company is recognized for delivering innovative services that create sustainable value through a revolutionary combination of adaptive 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, Duke University Medical Center , Cedars-Sinai, and Triad Healthcare Inc. Founded in 1994, MedeFinance is a rapidly growing, privately held company headquartered in Emeryville , Calif. To find out more about MedeFinance, visit www.medefinance.com .

About HFMA

HFMA is the nation's leading membership organization for more than 34,000 healthcare financial management professionals employed by hospitals, integrated delivery systems, managed care organizations, ambulatory and long-term care facilities, physician practices, accounting and consulting firms, and insurance companies. HFMA is composed of 70 chapters across the United States and Puerto Rico . For more information, visit www.hfma.org .