Press Release Headlines

MedAptus Expands Board of Directors

BOSTON, April 16, 2009 — MedAptus(R), market leader for charge capture technologies, today announced the addition of two new, independent directors, Linda Beneze and Laurence J. Hagerty, to its Board of Directors.

Mrs. Beneze is chief executive officer of KIKA Medical, the leading provider of advanced EDC solutions for clinical trials. She has more than 25 years of experience in the clinical healthcare and research community and most recently served as vice president of sales and client services at PHT Corporation. Prior to joining PHT, a provider of electronic patient reported outcome solutions, Mrs. Beneze was executive director of channel management at Phase Forward.

Mr. Hagerty has nearly 20 years of senior executive experience with healthcare and information industry growth companies. He spent 16 years at Medstat, first as president and chief operating officer, and later as president and chief executive officer after the company's acquisition by Thomson in late 1994. Under his leadership, Medstat – a leading supplier of analytical and benchmark databases, decision support solutions, and research services for all sectors of the healthcare industry – built an exceptional track record of revenue and earnings growth. More recently, Mr. Hagerty was president of RLPTechnolgies, a subsidiary of R.L. Polk & Co., a market-leading automotive industry information company.

"Given MedAptus' momentum and projected growth, the time was right to enhance our Board with additional talent and industry expertise," said Dennis Mitchell, MedAptus chief executive officer and vice-chairman. "I am delighted to have such accomplished individuals join us at a time when interest in MedAptus has never been higher."

"The insight Linda and Larry collectively bring to a high-growth organization like MedAptus is significant. Each understands the software as a service model and have demonstrated past success in the health information technology sector. We are fortunate to have them on our team and look forward to their contributions," added A. Dana Callow, managing general partner of Boston Millennia Partners and chairman of the MedAptus Board of Directors.

About MedAptus

MedAptus is the Gold Standard in the healthcare revenue cycle for effective charge management, compliance and workflow efficiency. With the most powerful yet easy-to-use Intelligent Charge Capture technologies available, we enjoy enterprise-wide adoption at some of the nation's most prestigious healthcare organizations. Our portfolio of full-scale Professional and Facility offerings is practice-proven to increase revenue, re-engineer archaic processes, enhance EMR investments and save busy providers valuable time. For more information, visit http://www.medaptus.com or call 617.896.4000.

MedAptus Contact:

Jennifer Crowley
p. 617.896.4030
Email

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