CareMedic Systems Announces Acquisition of ActaView.

ST. PETERSBURG, Fla. -- CareMedic Systems, Inc. and ActaView, LLC, today announce CareMedic's acquisition of ActaView. ActaView's performance management software and online dashboard reporting capabilities will enhance CareMedic's already industry-leading suite of healthcare revenue cycle management solutions.

"A key aspect of enhancing the revenue cycle for a healthcare provider is being able to obtain actionable business intelligence from their patient financial data," said Sheila Schweitzer, Chairperson and CEO of CareMedic Systems. "The ActaView Technology will complement our point solutions as well as provide dashboard reporting for our electronic Financial Record(TM), further enhancing the value of CareMedic's robust healthcare revenue cycle solution."

The ActaView Performance Management solution integrates information from unrelated data sources and converts it into crisp, clear and accurate measurements of performance and profitability. ActaView can be used to develop personalized views for management and staff to provide automatic alerts, escalations, analysis, dynamic drill down and more. The solution is designed specifically for healthcare and will be used with CareMedic's eFR, OptimizeAR(TM) and AccelerateAR(TM) solutions to help customers measure, improve and understand the value of the information available using CareMedic's solutions. The easy to use, high quality performance management solution will be available both as a traditional software purchase and as a managed application services provider (ASP).

This transaction is the most recent in a series of acquisitions that CareMedic has completed and represents a continuation of CareMedic's strategy to offer paradigm shifting solutions to the healthcare marketplace that enhance the revenue cycle by increasing client profitability.

"I am excited to become a part of the CareMedic family," noted Jim Jacobs, President and CEO of ActaView, "and look forward to helping continue CareMedic's trend of bringing innovative solutions to the healthcare industry."

About CareMedic Systems, Inc.

Founded in 1997, CareMedic's strategy is to provide enabling technologies and outsourced services that move and manage critical data through the healthcare revenue cycle to improve cash flow and margins while reducing operational expenses. The company's fully integrated data management and workflow tools address revenue cycle activity from inception through claims resolution, and require manual intervention only when necessary. Consistently delivering results to its client base, CareMedic's 99.5% customer retention rate is the highest in the industry. For additional information, visit www.caremedic.com.

About ActaView

ActaView is a leading performance management software company, dedicated to helping its customers contain costs and increase profitability. Its performance management reporting and online dashboard capabilities empower all levels of an organization to act strategically through real-time access to accurate, appropriate and actionable business intelligence. For additional information, visit www.actaview.com.