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CarePayment Appoints David Liu as Vice President of Finance

San Francisco, CA. – July 28, 2011 – CarePayment® an innovative patient-pay solutions program today announced the appointment of David Liu to Vice President of Finance. David is responsible for all accounting and finance functions for the firm and will also manage and develop CarePayment’s consumer services portfolio strategy.

David joins CarePayment with over 20 years of financial services experience in corporate finance, strategic planning, corporate development/M&A, marketing and products, with extensive international focus. Most recently, David served a senior management role at Experian, focusing on strategic data acquisition, development and analysis.

“I’m extremely excited to join a fantastic organization such as CarePayment,” commented Liu, “I see tremendous opportunities to help consumers with innovative and responsible financial solutions, while also empowering institutions to reach new customers, strengthen relationships with existing customers and solidify their balance sheets.” Liu will report directly to CarePayment CEO, Jim Quist. “We are very excited to have David join our senior team as he will bring a diverse perspective as we prepare for this next phase of growth,” says Quist.

Liu holds an MBA and BS from the University of California, Berkeley.

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About CarePayment

Established in 2004, CarePayment helps patients pay their medical bills over terms of up to 25 months with 0% APR; accounts are issued by WebBank, Salt Lake City, Utah. The hospital branded loyalty card is an innovative approach which has proven to enhance the patient experience while simultaneously improving collection rates for the hospital. Many of CarePayment’s hospital partners experience a twofold impact to their bottom line: one from the reduction in bad debt and the other from additional revenue as a result of attracting new patients. For additional information, please call (800) 316.4350 or visit www.carepayment.com.