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MedeFinance Teams with SPSS to Advance Predictive Analytics Offerings
[May 08, 2007]

MedeFinance Teams with SPSS to Advance Predictive Analytics Offerings


OAKLAND, Calif. --(Business Wire)-- Emeryville-based MedeFinance (Mede), the leading provider of on-demand business analytics with client services for healthcare providers and health plans, is expanding the capabilities of its Performance OnDemand(TM) business applications through a partnership with SPSS (Nasdaq: SPSS), a leading worldwide provider of predictive analytics software.

Mede's suite of innovative business analytics solutions will be turbocharged with SPSS' data mining workbench and predictive analytics capabilities, helping healthcare executives and managers improve financial operations by making more informed decisions in complex areas such as contract negotiations, pricing practices and uninsured policies. The partnership will expand SPSS' reach in the healthcare sector, leveraging Mede's experienced sales network, extensive industry expertise and installed client base of leading healthcare organizations.

"We're excited about leveraging both the industry knowledge and data that Mede has with the SPSS Platform for Predictive Analytics to help healthcare providers make better decisions in their day-to-day business," said Patrick McCue, vice president of worldwide alliances for SPSS.


Added Jim Quist, executive chairman of Mede, "SPSS is a strategic asset that will help us innovate new and easy-to-use predictive solutions while also reducing time to value for our existing product suite. SPSS will help us further deliver the benefits of predictive analytics to healthcare organizations by removing the complexities and overhead associated with the underlying sciences. We will also foster a predictive enterprise that matches our organization's world-class services model using the integrated development and deployment lifecycle SPSS provides."

About SPSS Inc.

SPSS Inc. (Nasdaq: SPSS) is a leading global provider of predictive analytics software and solutions. The company's predictive analytics technology improves business processes by giving organizations forward visibility for decisions made every day. By incorporating predictive analytics into their daily operations, organizations become Predictive Enterprises--able to direct and automate decisions to meet business goals and achieve a measurable competitive advantage. More than 250,000 public sector, academic, and commercial customers rely on SPSS technology to help increase revenue, reduce costs, and detect and prevent fraud. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.

About MedeFinance

Mede is the leading provider of managed, hosted on-demand business analytics and client services to assist healthcare providers and health plans improve performance. The company is recognized 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 providers in the U.S. and U.K., including Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and The Cleveland Clinic. To find out more about Mede, visit www.medefinance.com.

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