OAKLAND, Calif. October 23, 2006 – Emeryville-based MedeFinance, the leading provider of on-demand analytics and client services for healthcare financial managers and executives, has expanded their existing contract with the Adventist Health network for implementation of MedeFinance Revenue Cycle™ Analytics and MedeFinance Self-Pay™ Analytics to all Region 1 hospitals in southern California . Previously implemented at Glendale Adventist Medical Center , Glendale , CA and White Memorial Hospital , Los Angeles , CA , the contract has been expanded to include Paradise Valley Hospital , National City , CA , San Joaquin Community Hospital , Bakersfield , CA , Simi Valley Hospital , Simi Valley , CA , and South Coast Medical Center , Laguna Beach , CA .

MedeFinance's analytics suite provides Adventist Health executives and financial managers with up-to-date information to monitor, manage and improve financial performance and bring clarity and control to financial operations. Managers can easily compare actual performance measures against established targets, drill into detailed transactions, identify root causes, and take timely and appropriate action to enhance performance.

“Our partnership with MedeFinance over the past two years has translated into significant improvements and cost savings through a reduction in A/R days, cash acceleration, increase in process efficiencies, and improvements in charity care processing,” stated Teresa Day, regional chief financial officer for Adventist Health. “MedeFinance has created transparency across departments resulting in greater visibility and accountability, and has helped to solidify a collaborative approach to managing the revenue cycle.”

MedeFinance creates a single platform of information and customized reports, dashboards, scorecards and analytics for use by individuals, teams, management and cross departments that results in a collaborative effort in managing financial performance. The company is recognized for its superior services component and ability to extend best practices in the industry to its customer base.

“Adventist Health's confidence in MedeFinance and satisfaction with our performance management solutions reflect our successful business model of adaptive analytics, healthcare expertise, and superior service in helping customer's meet their business objectives, stated Jim Quist, MedeFinance Chairman and CEO. “MedeFinance's long-term success is based upon customer partnerships like the one with Adventist Health, and we appreciate their commitment.”

About Adventist Health

Adventist Health, headquartered in Roseville , California , operates health care facilities throughout California , Hawaii , Oregon and Washington . The system includes 20 hospitals with more than 3,100 beds, 19,000 employees, numerous clinics and outpatient facilities, 16 home care agencies and three joint-venture retirement centers.

About MedeFinance