CarePayment Welcomes New CEO

March 7, 2010

Portland, OR, March 5, 2010 — CarePayment® today announced the appointment of Jim Quist as its new Chairman and CEO. Quist brings more than 30 years of successful entrepreneurial and business experience to CarePayment, including 17 years of healthcare industry leadership.

“I am extremely proud to join the CarePayment team during these challenging and exciting times for the healthcare industry,” remarked Quist. “CarePayment is uniquely positioned to partner with healthcare organizations nationwide to deliver value by enhancing their internal processes, improving the patient experience and expanding their relationships with their communities”.

As an early proponent of the “Software as a Service” model to solve the challenges of the healthcare industry, Quist was the founder of MedeFinance, a provider of expert analytic resources that create operational and financial efficiencies for healthcare organizations. Within five years of launching its Business Intelligence platform of solutions, he grew the Mede organization to provide services to more than 750 hospitals and health plans throughout the United States and the United Kingdom.

In July 2009, Quist retired from Mede and its board, where he served as Chairman Emeritus and Founder. He presently serves in consulting roles for several start-up technology companies and healthcare service organizations. Quist attended the University of Washington and served in the U.S. Merchant Marine