CareCentric Among The Top 100 Healthcare IT Companies

In Healthcare Informatics

CareCentric selected as one of the top 100 healthcare companies throughout the nation focused on expanding the growth and capabilities of healthcare IT

ATLANTA, GA (June 16, 2003) - CareCentric, Inc. (OTC Bulletin Board: CURA), a leading provider of management information systems to the home health care community, announced today their selection in the 2003 Healthcare Informatics 100 listing. Healthcare Informatics publishes an annual listing of the top 100 companies by healthcare IT revenue only. This year CareCentric ranked 76 out of the 100 selected, and over 1,700 companies invited to respond. The financial information provided by these top companies is considered a barometer for the direction of the industry and healthcare IT future.

"Selection into the ‘Healthcare Informatics 100’ is a great honor, stated John R. Festa, President and CEO of CareCentric, "and reaffirms that our employee efforts are being rewarded as witnessed by new revenue growth, new product initiatives and enhanced customer service." Mr. Festa added, "CareCentric has been in the home care business for over 30 years. Our customers and partners know they can count on us to provide the performance, service and the kind of relationship they want from a long-term partner. This award is a wonderful recognition of the very best software organizations in the industry today."

Healthcare Informatics reports healthcare IT revenue for companies throughout the nation. CareCentric, a company focused solely on the U.S. home care market, is a contender among many large corporations, such as GE Medical Systems, McKesson Information Solutions and Electronic Data Systems, whose services are worldwide and range throughout the entire medical community. Earlier this month, CareCentric was selected as one of the ‘Georgia 100’, a listing of publicly held companies in Georgia ranked by overall business performance including stock market assessment and executive management of resources.

Healthcare Informatics, a McGraw-Hill company, is a monthly publication focused on healthcare information technology. Circulation reaches over 40,000 subscribers including top CEOs, CIO’s and CFO’s at hospitals, integrated delivery systems, HMO’s and home care facilities throughout the nation.

CareCentric provides information technology systems and services to over 1,500 customers. CareCentric provides freestanding, hospital-based and multi-office home health care providers (including skilled nursing, private duty, home medical equipment and supplies, IV pharmacy and hospice) complete information solutions that enable these home care operations to generate and utilize comprehensive and integrated financial, operational and clinical information. With offices nationwide, CareCentric is headquartered in Atlanta, Georgia.

Note regarding Private Securities Litigation Reform Act: Statements made in this press release which are not historical facts, including projections, statements of plans, objectives, expectations, or future economic performance, are forward looking statements that involve risks and uncertainties and are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. CareCentric's future financial performance could differ significantly from that set forth herein, and from the expectations of management. Important factors that could cause CareCentric's financial performance to differ materially from past results and from those expressed in any forward looking statements include, without limitation, the inability to obtain additional capital resources, variability in quarterly operating results, customer concentration, product performance and acceptance, long sales cycles, long and varying delivery cycles, CareCentric's dependence on business partners, emerging technological standards, risks associated with acquisitions and the risk factors detailed in CareCentric's Registration Statement on Form S-4 (File No. 333-96529) and from time to time in CareCentric's periodic reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.