Emeryville, CA, August 13, 2008 – MedeFinance (Mede), the leading healthcare performance analytics company, today announced the recent addition of Scott Paddock as senior vice president, Payer Solutions. Paddock will lead the revenue expansion and execution of the U.S. Payer Market, reporting to CEO Mike Gallagher.

Paddock joins Mede with over 15 years experience in operations, corporate sales and marketing with an emphasis in healthcare and a history of achievement in leading revenue expansion. Most recently Paddock served as executive vice president and chief solutions officer at MEDecision, Inc. Prior to MEDecsion Paddock was senior vice president of the Applied Technologies Solutions Division of RWD Technologies, and spent over seven years in the health care and technology sectors of General Electric (GE) Corporation in various leadership, marketing and sales positions.

”Scott joins Mede with a solid track record of success in understanding the needs of the health care payer market, and in delivering results,” said Mede CEO Mike Gallagher. “He is a key addition to the Mede executive team and his leadership will be instrumental in driving Mede’s long term success.”

”I am excited about joining Mede and leveraging my experience in many aspects of the healthcare market to help change the face of healthcare through data driven measurement, management and leadership,” said Paddock. ”Mede is in a unique position to enable healthcare organizations to make near real time decisions through its healthcare experience and data management core competencies.”

A trained Six Sigma Black Belt and certified Green Belt, Paddock holds an MBA from Franklin University of Ohio and B.S. degrees in mechanical engineering and physics from the State University of New York at Buffalo and Fredonia, respectively.

Mede enables healthcare organizations to achieve advanced outcomes in clinical, financial and operational performance by providing performance analytics delivered on-demand and enhanced by healthcare-experienced client teams. Over 700 healthcare organizations in the U.S. and U.K. have experienced quick ROI and sustainable value from Mede analytics 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 .