MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

May 23, 2006 19:27 ET

Sunrise Medical Laboratories Selects MediSolution's Business Intelligence Solution to Improve Revenue Cycle Management Efficiency

MONTREAL, QUEBEC--(CCNMatthews - May 23, 2006) - MediSolution Ltd. (TSX:MSH), today announced that Sunrise Medical Laboratories, a full service clinical laboratory serving New York City and surrounding communities, has purchased MediVue®, a comprehensive Business Intelligence solution.

Specifically designed to meet the needs of healthcare providers, the scalable solution will couple data from multiple sources including the laboratory information system. In addition the solution will provide the Sunrise consulting team and its billing service clients with an on demand web-based portal to efficiently and proactively monitor key performance indicators related to revenue cycle management.

MediVue enables healthcare professionals to monitor, analyze and report on the various aspects of their business performance. Powerful dashboard visuals communicate complex business and operational performance issues quickly and intuitively.

"MediVue allows us to improve the quality of service we provide our clients and eliminate costs related to the manual creation of performance indicators and reports," said Eric Crugnale, CIO of Sunrise Medical Laboratories "The new system enables us to identify trends and proactively address issues within our Accounts Receivable and Cash Collections departments in real-time."

"Sunrise Medical Laboratories joins our expanding base of US customers," said Paul Lepage, President and Chief Operating Officer, MediSolution Ltd. "Our comprehensive, cost-effective Business Intelligence solution will allow Sunrise Medical Laboratories to turn their existing financial data into vital information that can be used to make faster business decisions and improve their client satisfaction."

About Sunrise Medical Laboratories

In business for over 30 years, Sunrise Medical Laboratories is a full service clinical laboratory servicing the New York City metropolitan area and its surrounding communities. Their service area covers Long Island, the five boroughs of New York City, Westchester, Rockland, Orange and Putnam Counties, and New Jersey.

They offer a broad spectrum of clinical laboratory testing that is designed to provide physicians and their patients with accurate and diagnostically meaningful results.

Sunrise Medical Laboratories is licensed and accredited by the College of American Pathologists (CAP), New York State Department of Health, the Center for Medicare and Medicaid Services (CLIA), U.S. Department of Health and Human Services (Medicare), and the Pennsylvania Department of Health.

Sunrise Medical Laboratories is headquartered in Hauppauge, NY, approximately 30 miles east of New York City on Long Island. For more information visit www.sunriselab.com.

About MediSolution

MediSolution (TSX:MSH), a Brookfield Asset Management company, is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America. More than 500 hospitals and other healthcare facilities and close to 200 public sector and related organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs, and improve the delivery of services. MediSolution has two operating segments. The Resource Management Systems segment is comprised of Financial Management software such as accounts receivable, budgeting and materials management as well as Human Capital Management tools including human resource management, staff scheduling and payroll processing. The Healthcare Information Systems segment is comprised of clinical solutions such as patient tracking, electronic patient health records, pharmacy, radiology and laboratory software for healthcare organizations.

This press release contains "forward-looking statements" regarding MediSolution's MediVue, business intelligence product and its recent contract with Sunrise Medical Laboratories. The words "will", "believe", "expect", "anticipate", "intend", and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include delays in the implementation of the project, the cancellation of the contract and the business intelligence product's failure to generate anticipated business efficiencies for the client.

Contact Information