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For Immediate Release

MedeFinance and Media Contact:
Marcia Shields
Director, Communications
469-916-3300 ext. 108
email: mshields@medefinance.com


MedeFinance Delivers Performance Insight to West Tennessee Healthcare Hospitals

OAKLAND, Calif. May 29, 2007 - Emeryville-based MedeFinance (Mede) has contracted to provide performance-enhancing business analytics at West Tennessee Healthcare, Jackson, TN, which will be implemented at Bolivar General Hospital, Camden General Hospital, Gibson General Hospital, Humboldt General Hospital, Jackson-Madison County General Hospital, and Milan General Hospital. 

“Using Mede’s business analytics platform is a key initiative within our health system to improve visibility into enterprise-wide data,” stated Bobby Arnold, corporate chief financial officer for West Tennessee Healthcare.   “Mede will provide us with an enterprise-wide snapshot of key performance indicators that staff at all levels can easily use to facilitate more timely and informed decision making capabilities for our organization.”  

Mede’s analytics suite, including Self-Pay Analytics and Revenue Cycle Analytics, will provide a comprehensive view of business performance with personalized and actionable dashboards to help West Tennessee Healthcare’s flagship and five surrounding community hospitals monitor, manage, and improve critical aspects of their revenue cycle and financial performance.  

 “West Tennessee Healthcare joins a growing number of healthcare organizations turning to business intelligence and predictive analytics technology to gain a more complete understanding of their operations,” stated Mike Gallagher, CEO of Mede.  “Our software-as-a-service technology platform provides flexibility at a cost that can be supported by hospitals when capital-expenditure budgets are tight.”  

About West Tennessee Healthcare

West Tennessee Healthcare is a public, not-for-profit healthcare system. Modern Healthcare Magazine listed West Tennessee Healthcare as one of the top ten largest public, not-for-profit healthcare systems in the U.S.  With locations throughout 17 counties in West Tennessee, West Tennessee Healthcare is a family of healthcare services that provides a full compendium of care from six hospitals, home healthcare agency, medical laboratory services, medical products and infusion services, outpatient rehab facilities, early child development intervention services, community support and education, and more. West Tennessee Healthcare employs approximately 5,200 people and is the largest employer in West Tennessee outside Shelby County.  

About MedeFinance

Mede is the leading provider of managed, hosted on-demand business analytics and client services to assist healthcare providers and health plans improve financial and operational performance.  The company is recognized for delivering innovative services that create sustainable value through advanced adaptive analytics, an instantly available IT environment and unparalleled client services.  The company serves over 700 healthcare providers in the U.S. and U.K., including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and The Cleveland Clinic. To find out more about Mede, visit  www.medefinance.com.