OAKLAND , Calif. July 21, 2005 – Emeryville-based MedeFinance, a leading provider of on-demand analytics and client services for healthcare financial managers and executives, has named Adam Boehler as Vice President, Business Development and Pat Merell as Vice President, Client Delivery Services to support its expanding client base and growing market opportunity .

Over 500 U.S. hospitals currently use MedeFinance's suite of adaptive analytics and client services, enabling healthcare system executives and managers to make rapid and sustainable improvements to enterprise-wide financial performance.

“Adam and Pat will be instrumental in helping us meet the increasing demand for our technology and services, as well as for delivering the exceptional service capabilities for which we are known,” stated MedeFinance Chairman and CEO, Jim Quist. “Both Adam and Pat's extensive experience and understanding into the business needs of healthcare organizations will help our company and clients alike be more successful.”

Adam is responsible for the firm's business development activities, including channel and partnership development and merger and acquisition activities. He also helps define product and corporate strategy for the company. Prior to MedeFinance, Adam was a venture capitalist at Battery Ventures, a leading technology venture capital firm with over $2 billion under management. While at Battery , he focused on investments in software and emerging technologies. Previously, Adam was an investment banker at Wasserstein Perella in their Media, Telecommunications, and Technology group where he worked on merger and acquisition transactions with leading companies such as News Corp, Imax, and SpectraSite Holdings. Adam graduated magna cum laude from the Wharton School at the University of Pennsylvania .

Pat Merell is responsible for the executive management of MedeFinance's existing client-facing delivery teams, to include account management, implementation, and training and learning services. Pat has a strong record of delivering tangible business benefits to clients and is an accomplished senior-level leader with 12+ years of business and management consulting experience extending across multiple industries, including high-tech, telecommunications, manufacturing, and financial services. Prior to joining MedeFinance, Pat was Director of Program Management, Client Solutions for Sun Microsystems, Inc. He also brings more than seven years experience in management consulting with Cap Gemini and Deloitte Consulting. Pat holds a Master of Business Administration (MBA) with a concentration in Finance from the Marshall School of Business at the University of Southern California .

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 .