OAKLAND, Calif. May 17, 2006 - Emeryville-based MedeFinance, the leading provider of on-demand analytics and client services for healthcare financial managers and executives, has implemented Revenue Cycle Analytics at Signature Hospital Corporation, located in Dallas, Texas to significantly enhance the organization's ability to integrate and track key performance data and metrics to improve revenue cycle and financial performance.

Financial managers and staff will use the technology to compare actual performance measures against established targets in a variety of areas, drill into detailed transactions, identify root causes, and take appropriate action to enhance performance.

“We evaluated several solutions, but selected MedeFinance because it was the most user-friendly solution and could be used by all levels of staff to help streamline our revenue processes,” stated Charles R. Miller, Chief Executive Officer at Signature Hospital Corporation. “We will also benefit from the savings that comes from using their software-as-service model, which requires no large upfront investment.”

MedeFinance Revenue Cycle Analytics is one of a suite of analytic applications developed by MedeFinance to help healthcare organizations measure and monitor key financial and operational performance metrics. Hundreds of leading healthcare organizations use MedeFinance's adaptive analytics and client services to realize significant operational improvements and annualized cost savings.

“MedeFinance is focused on helping organization's proactively manage their data to improve performance,” stated Jim Quist, MedeFinance Chairman and CEO. “Our analytic solutions are being adopted by health care providers and payers across the country because they are cost-effective, easy to deploy, and provide timely and accurate information from which to make decisions. We are pleased that Signature Hospital Corporation selected our solution, and look forward to supporting their growth."

About Signature Hospital Corporation

Signature Hospital Corporation was founded in 2005 and is a privately held company based in Dallas , Texas . The company currently owns and operates three acute care Sole Provider hospitals with 355 licensed beds in Texas and Arkansas . Signature's financial partner is Goldman Sachs, one of the nation's premier investment banking firms. The Company's principals have had extensive experience in founding and operating successful healthcare companies, including Republic Health Corporation, Province Healthcare, Champion Healthcare Corporation, SemperCare, Odyssey HealthCare, and Quorum Health Group.

About MedeFinance

MedeFinance is the 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 600 U.S hospitals, including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and The Cleveland Clinic. 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 .