OAKLAND, Calif. November 15, 2006 – Emeryville-based MedeFinance, the leading provider of on-demand analytics and client services for healthcare financial managers and executives, has contracted to implement its Performance OnDemand service at Newton-Wellesley Hospital, Newton, MA, and three North Shore Medical Center (NSMC) hospitals to include NSMC Salem Hospital , Salem, MA, NSMC Union Hospital in Lynn, MA, and NSMC North Shore Children's Hospital in Peabody, MA.

MedeFinance's Revenue Cycle™ Analytics will help the organizations develop operational standards and track key data and metrics to monitor, manage, and improve revenue cycle and financial performance. Partners HealthCare previously implemented several MedeFinance analytics applications in April 2005 at Brigham and Women's Hospital and Massachusetts General Hospital . Newton-Wellesley and North Shore Medical Center will be added to the existing analytical environment to provide Partners HealthCare with an integrated view of financial performance across the enterprise.

MedeFinance provides healthcare executives with up-to-date information through a suite of web-based, on-demand analytic applications that bring visibility 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.

Over 600 U.S. hospitals currently use MedeFinance's adaptive analytics and client services to accelerate collections, reduce total A/R and bad debt, improve credit balance obligations, identify charity care eligibility, and enhance revenue cycle processes. Through personalization, MedeFinance's services team ensures that analytic tools are in alignment with mission critical initiatives. Most clients realize rapid and sustainable improvements to enterprise-wide performance within the first six months of implementation.

“Our on-demand information platform will help Partners HealthCare increase net revenue by integrating the highest quality data possible and presenting it in a way that accelerates timely decision making,” stated Jim Quist, MedeFinance Chairman and CEO. "These contracts represent a continuation of our relationship with Partners HealthCare, reflecting our unique expertise in data and information delivery and outstanding services support."

About Newton-Wellesley Hospital

Newton-Wellesley Hospital is a premier community teaching hospital in Massachusetts , offering a full range of medical, surgical and specialty care. Their staff is committed to being welcoming and helpful, and the facility is state-of-the-art, convenient and comfortable. Newton-Wellesley Hospital is a member of Partners HealthCare, a network that includes Massachusetts General Hospital and Brigham and Women's Hospital. The Partners affiliation helps to provide patients with seamless accessibility to the finest community-based medicine as well as the most advanced sub-specialty care in the world.

About North Shore Medical Center

North Shore Medical Center (NSMC) is the largest healthcare provider on the North Shore offering comprehensive health services to residents of our communities. NSMC includes NSMC Salem Hospital , NSMC Union Hospital in Lynn, NSMC North Shore Children's Hospital , the NSMC Heart Center , the NSMC Cancer Center in Peabody, the NSMC Women's Center in Danvers, the physician practices of Charter Professional Services , as well as a wide range of outpatient services. NSMC is a member of Partners HealthCare which includes founding members Massachusetts General Hospital and Brigham and Women's Hospital .

About MedeFinance