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For Immediate Release

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

Blue Shield of California Selects MedeFinance Business Analytics to Improve Provider Relations  

Collaboration to provide complete analytics solutions to increase provider satisfaction

OAKLAND, Calif. June 18, 2007 - Blue Shield of California has contracted with Emeryville-based MedeFinance (Mede) to strengthen and streamline its provider communications and processes.  Continuing its efforts to make it easier for hospitals and physicians to do business with Blue Shield, the not-for-profit health plan is collaborating with Mede to obtain data on hospital operations, network management and claims processes.

“Mede’s intuitive web-based analytics will provide us with a more complete view of our performance and allow us to proactively communicate key performance indicators and trend analysis, identify service breakdowns early on, and assist in resolving systemic issues,” stated Duncan Ross, vice president of network strategy and operations for Blue Shield of California.  “Working with Mede on a comprehensive analytics solution reflects Blue Shield’s commitment to improving provider and member satisfaction.” 

Using Mede’s collection of key data metrics, Blue Shield will gain a better understanding of important hospital issues such as medical costs and cycle times, and will be able to identify, address and resolve hospital provider issues without delay.    

 “Mede is at the forefront of developing solutions that allow health plans to make informed business decisions in provider network operations and medical management, resulting in better healthcare for members, increased customer satisfaction, and reduced costs,” stated Douglas Williams, senior vice president, payer solutions for Mede.  “It’s exciting to be partnering with Blue Shield of California - a company that is devoted to improving healthcare by implementing technologies that standardize data reporting.”

About Blue Shield of California

Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.2 million members, 4,500 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company contributes $30 million annually to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at  www.blueshieldca.com.

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 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.