LONDON, England, Feb, 2008 – London-based Mede International (Mede), a wholly owned subsidiary of Emeryville, CA based MedeFinance, has contracted to provide advanced business intelligence to Blackpool, Fylde and Wyre Hospitals NHS Trust.

Visibility into quality of care and profitability by areas of service will allow the NHS Trust executives to quickly understand the financial contribution of their portfolio of services. The introduction of Mede’s service line management analytics will allow the Trust to build on the extensive service line reporting work already under way and will significantly improve the quality and timeliness of the financial information produced,’ stated Tim Welch, Finance Director for Blackpool, Fylde and Wyre Hospitals NHS Foundation Trust. ‘This system will support our managers and clinicians in making better informed business decisions and will help advance the Trust’s aspirations to be a successful foundation trust.’

Service Line Management Analytics is one element of a strategic suite of advanced business intelligence solutions offered by Mede that allows decision makers rapid access to actionable data, fostering a culture of transparency and accountability to better achieve sustainable financial, operational and clinical performance.

“We are pleased to have Blackpool join our Mede community of NHS Trusts and U.S. healthcare providers,” said Jon Horrocks, General Manager of Mede International. “Our service line reporting solution will help them identify which service lines are profitable and help them prioritize the development of new service areas.”

Blackpool, Fylde and Wyre Hopitals NHS Foundation Trust serves a population of approximately 330,000 residents of Blackpool, Fylde and Wyre and the 12 million visitors who visit the area every year. The Trust manages the large acute hospital Blackpool Victoria Hospital, community hospitals Clifton and Fleetwood Hospital, elderly rehabilitation hospitals Wesham Hospital Rehabilitation Unit, Rossall Hospital Rehabilitation Unit and Bispham Hospital Rehabilitation Unit, and the National Artificial Eye Service and Blenheim House Child Development Centre. The Trust is also one of four tertiary cardiac centres in the North West, providing specialist cardiac services to heart patients from Lancashire and South Cumbria and has recently opened a new tertiary centre for haematological cancers.

MedeFinance is the leading provider of managed, hosted, on-demand business analytics and client services to assist healthcare organisations improve financial and operational performance. The company is recognised 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 organisations in the U.S. and U.K., and has been recently recognised 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 or www.medeUK.Com .