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Marcia Shields
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email: mshields@medefinance.com

Baptist Health System extends agreement with Mede; adds Reserve Analytics

Emeryville, CA, August 28, 2008 —Mede, Inc. (Mede), the leading healthcare performance analytics company, announced it has extended its agreement with Baptist Health System, Inc. (BHS), located in Birmingham, AL and has added Reserve Analytics to its Mede solution suite to enable facility CFOs to streamline and improve the organization’s monthly reserve process.

"Mede has a proven track record with BHS," said BHS Vice President of Revenue Management Janice Ridling. "The analytics solutions and added value of Mede' experienced client team quickly helped me reach my initial goal of reducing AR days. In addition we've reduced bad debt and improved our clean claim rate. Since implementation the return with Mede has been swift and sustainable. I look forward to the same success in improving our reserve process across the BHS facilities."

"I am proud of Mede' relationship with Baptist Health System and the value we have provided over the past several years," said Mede CEO Mike Gallagher. "This expansion of offerings is an indication of the trusted partnership developed between Mede and BHS. We look forward to contributing to their continued success."

Baptist Health System, Inc. is one of the largest health care systems in Alabama and one of the state's largest employers. BHS is a not-for-profit, 501(c) corporation that owns and manages four hospitals in the state of Alabama. Baptist Health System was founded in Birmingham in 1922 by a group of Baptist congregations. It is a ministry of the churches of the Birmingham Baptist Association whose representatives elect the Board of Trustees. To find out more about BHS, visit www.bhsala.com.

Mede enables healthcare organizations to achieve advanced clinical, operational and financial outcomes through on-demand, performance intelligence solutions delivered as a service by experienced healthcare professionals. Over 700 healthcare organizations in the U.S. and U.K. have experienced quick ROI and sustainable value from Mede solutions with low total cost of ownership. The company has been recently recognized by Inc. Magazine as one of the 500 most rapidly growing privately-held companies in the United States. To find out more about Mede, visit www.medefinance.com.

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