MedeFinance Appoints Douglas Williams as Vice President.

OAKLAND, Calif. -- Emeryville-based MedeFinance, the leading provider of on-demand analytics and client services for healthcare financial managers and executives, announced the appointment of Douglas Williams as Vice President. In this capacity, Mr. Williams will be responsible for all MedeFinance activities for most of the North American division including driving market development and sales, establishing new client and industry sector relationships, and bringing solutions to market in support of company growth initiatives.

Douglas Williams has a strong record of delivering tangible business benefits to clients, and is an accomplished senior-level executive with over 20 years of business and management consulting experience. Prior to joining MedeFinance, Williams held various executive level positions during a seven-year tenure at IBM, where he successfully led sales and market development and managed a global healthcare practice, most recently serving as Vice President of Business Transformation Outsourcing Sales.

Previously, Williams held several senior management positions during a seven-year career at Arthur Andersen, where he served as both a Healthcare Partner and a Healthcare Practice Leader responsible for overseeing the Audit, Tax, and Consulting practice segments for the Southwest market. During his tenure as Healthcare Practice Leader he grew the practice to $25 million in revenue. Mr. Williams also held executive sales and development positions with RX Healthcare and Tandem Computers.

"Doug has a proven and impressive track record in the healthcare arena, particularly in solution marketing and successful delivery in the healthcare technology market," said Jim Quist, Chairman and CEO of MedeFinance. "Doug's personal character is of the highest caliber, and his breadth of experience is a tremendous asset for both the company and our clients. He will certainly play a central role in advancing our business and growth objectives."

This key executive appointment comes at a time of increasing momentum at MedeFinance. With its recent marketing agreement with HFMA UK to market MedeFinance Intelligence(TM), a suite of web-based analytic solutions carefully tailored to the UK healthcare environment, and the rapid adoption of its technology and service offerings by more than 600 of the world's leading healthcare providers, plans and other major participants, MedeFinance is experiencing significant growth in 2006.

Mr. Williams received a Bachelor's of Science degree in computer science from California State University.

About MedeFinance

MedeFinance is a leading provider of on-demand analytic applications and client services to help healthcare financial managers and executives improve performance. The company is recognized for delivering innovative services that create sustainable value through a revolutionary combination of adaptive analytics, an instantly available IT environment, and unparalleled client services. The company serves over 600 U.S. hospitals, including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and The Cleveland Clinic. Founded in 1994, MedeFinance is a rapidly growing, privately held company headquartered in Emeryville, Calif. To find out more about MedeFinance, visit www.medefinance.com.