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The Cooper Health System Implements XactiMed's Revenue Cycle Solutions

DALLAS, October 2, 2006 – XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced New Jersey-based Cooper Health System is implementing XactiMed's suite of revenue cycle solutions.

"The Cooper Health System selected XactiMed due to the flexibility of the product, their ability to provide outstanding customer service to their clients, and their robust claim editing features resulting in improved reimbursement time," said Robert Perry, Cooper Health System's Director of Patient Accounts. "By selecting XactiMed as our solution provider, The Cooper Health System is confident we will have the most comprehensive and integrated revenue cycle solutions available."

"XactiMed welcomes The Cooper Health System as a new client and we look forward to contributing to their business growth through improved revenue cycle management," said D.T. Nguyen, XactiMed President and Chief Executive Officer. "XactiMed's continued focus on product development and customer service affords us a tremendous competitive advantage."

About The Cooper Health System
The Cooper Health System is a not-for-profit organization that includes clinics and hospitals located throughout southern New Jersey, including the more than 550-bed Cooper University Hospital and The Children's Regional Hospital. Cooper University Hospital has a staff of more than 550 physicians with about 80 specialties. Founded in 1887, the health caresystem provides cancer, cardiology, and orthopedic specialty centers.

About XactiMed
XactiMed provides web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed's claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. XactiMed was founded by D.T. Nguyen in 1998. XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.

Contact Us
For more information on XactiMed and its advanced revenue cycle solutions for the healthcare industry, please contact Jon Meehan (214) 382-3503 or jmeehan@xactimed.com. You can also visit the XactiMed Web site at www.xactimed.com.
 




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