OAKLAND , Calif. July 18, 2005 – Emeryville-based MedeFinance, a leading provider of on-demand analytics and client services for healthcare financial managers and executives, is pleased to announce that Tenet Healthcare Corporation (THC), one of the nation's largest investor-owned integrated delivery networks, has signed an agreement to expand the deployment of MedeFinance's business intelligence platform and analytics applications throughout its healthcare delivery network.

Tenet Healthcare Corporation, the nation's second-largest investor-owned hospital  company, owns or operates 100 acute care hospitals and numerous related businesses in 14 states.  This agreement supersedes MedeFinance's existing contract with Tenet to integrate and standardize financial information and analytics applications across network hospitals, and is a move toward the additional integration over time of data and analytics from non-financial areas of the enterprise such as managed care, case management, and other ancillary and clinical departments.

Tenet plans a phased implementation process for new MedeFinance analytics applications.

“We are very pleased that Tenet has selected MedeFinance for enterprise-wide business intelligence,” stated Jim Quist, Chairman and CEO of MedeFinance. “We are looking forward to providing the best in business analytics and reporting to bring Tenet an integrated technology solution that meets their data requirements.”

About Tenet Healthcare Corporation

Tenet Healthcare Corporation is the nation's second-largest investor-owned hospital  company, with a proven record of developing successful integrated delivery networks.  Tenet, through its subsidiaries, owns or operates 100 acute care hospitals with 24,918 beds and numerous related businesses in 14 states.  Tenet and its subsidiaries employ approximately 104,323 people across the country.  Tenet Healthcare Corporation is headquartered in Santa Barbara , Calif.   

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 500 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 .