CareScience Announces Agreement With National IPA Coalition; NIPAC Members Can Evaluate Internet-Based Health Care Technologies

Apr 11, 2001, 01:00 ET from CareScience, Inc.

    PHILADELPHIA, April 11 /PRNewswire/ -- CareScience, Inc. (Nasdaq: CARE),
 the online care management company, today announced a strategic agreement with
 the National Independent Physician Association Coalition (NIPAC), a
 professional association for physician organizations in managed care, to offer
 members access to CareScience's Technology Assessment Tools(TM), an Internet-
 based application and a vendor certification program that evaluates Internet-
 based health care technologies.
     "Physician organizations cannot afford to purchase information technology
 that cannot be interfaced with other health care providers' technology," said
 Laura Aalto, NIPAC president and chief executive officer.  Using CareScience's
 Technology Assessment Tools, NIPAC members can evaluate Internet-based
 technologies through an interactive, online directory that brings purchasers
 and suppliers of health care Internet applications together to streamline the
 selection process.  The site includes information on vendors that have gone
 through CareScience's Certification program, which recognizes health
 information technology companies offering products that meet security
 standards and have the flexibility to interface with complementary systems.
     "Through our arrangement with CareScience, we can now provide unbiased
 information to our members to support their due diligence on technology
 options before they make purchase decisions," said Aalto.  NIPAC members will
 be able to review solutions for performance and qualifications, compare
 competing products, consult user comments and peer reviews, publish electronic
 requests for proposals (RFPs) online, and join online discussion groups.
     "According to the HealthTech survey released on March 20, physicians
 overwhelmingly agreed that the lack of system compatibility across health care
 organizations is a critical barrier to realization of the full potential of
 Internet enabled systems in medicine," said Aalto.  "In conjunction with
 CareScience and their Care Data Exchange product, we look forward to
 supporting clinical information sharing over the Internet with our membership
 to fully obtain the benefits of this emerging technology."
     NIPAC maintains a Corporate Partnership program and is commonly approached
 by vendors that desire to access its membership base.  Through this initiative
 with CareScience, NIPAC will encourage vendors looking for beta-partner
 opportunities with its membership to seek CareScience Certification for their
 relevant products.
     "Our Technology Assessment Tools provide valuable information to
 purchasers of health care information technology," said David J. Brailer,
 M.D., Ph.D., CareScience chairman and chief executive officer.  "NIPAC members
 can ensure that any CareScience Certified technology purchased will be able to
 be shared over the Internet, and fully understand the background of the
 companies providing those systems.  By ensuring that any new purchases are
 Internet interoperable, future Care Data Exchanges can be established.  We are
 excited about working with NIPAC members in their quest for Internet data
 sharing technologies."
 
     About NIPAC
     NIPAC, a leading advocate of physician-directed care, is a non-profit
 professional trade association composed of physician-led or governed
 organizations.  NIPAC has 300 members in 33 states, representing over 70,000
 physicians and nine million covered lives.  Members include some of the most
 innovative and successful physician organizations in the country, many of
 which participate in risk-bearing arrangements.  NIPAC is based in Oakland,
 Calif.  For more information, visit NIPAC's Web site at www.nipac.org.
 
     About CareScience
     CareScience, Inc. (www.carescience.com) is the nation's leading provider
 of online care management services to the health care industry.  Its products
 access, analyze and apply clinical data to the management of care, including
 quality monitoring, practice improvement, error tracking and process
 efficiency.  For the pharmaceutical industry, CareScience provides tools and
 services that shorten drug development time and improve development yield.
 CareScience has developed its products in collaboration with leading public
 organizations, including the Wharton School of Business, the University of
 Pennsylvania, the National Library of Medicine, Los Alamos National Laboratory
 and the California HealthCare Foundation.  CareScience has major offices in
 Philadelphia and San Francisco and is traded on the Nasdaq National Market
 under the symbol CARE.
 
     This announcement contains forward-looking statements that involve risks
 and uncertainties with respect to future events and financial performance.
 Actual results may differ materially from the results predicted, and reported
 results should not be considered as an indication of future performance.
 CareScience uses words such as `anticipates,' `believes,' `expects,' `future'
 and `intends' and similar expressions to identify forward-looking statements.
 The potential risks and uncertainties include, among others, CareScience's
 limited operating history, the loss or impairment of its intellectual property
 rights, the health care industry's willingness to adopt CareScience's
 solutions, the company's failure to manage its growth, the competitive and
 constantly changing environment for its services, the loss of any of its key
 personnel, its failure to develop strategic relationships, its failure to use
 new technologies effectively or adapt emerging industry standards, changes in
 the health care industry or the failure of commercial users to accept Internet
 solutions.  More information about potential factors that could affect the
 company's business and financial results is included in CareScience's filings
 with the Securities and Exchange Commission, which can be found at the
 Commission's Web site (http://www.sec.gov).
 
 

SOURCE CareScience, Inc.
    PHILADELPHIA, April 11 /PRNewswire/ -- CareScience, Inc. (Nasdaq: CARE),
 the online care management company, today announced a strategic agreement with
 the National Independent Physician Association Coalition (NIPAC), a
 professional association for physician organizations in managed care, to offer
 members access to CareScience's Technology Assessment Tools(TM), an Internet-
 based application and a vendor certification program that evaluates Internet-
 based health care technologies.
     "Physician organizations cannot afford to purchase information technology
 that cannot be interfaced with other health care providers' technology," said
 Laura Aalto, NIPAC president and chief executive officer.  Using CareScience's
 Technology Assessment Tools, NIPAC members can evaluate Internet-based
 technologies through an interactive, online directory that brings purchasers
 and suppliers of health care Internet applications together to streamline the
 selection process.  The site includes information on vendors that have gone
 through CareScience's Certification program, which recognizes health
 information technology companies offering products that meet security
 standards and have the flexibility to interface with complementary systems.
     "Through our arrangement with CareScience, we can now provide unbiased
 information to our members to support their due diligence on technology
 options before they make purchase decisions," said Aalto.  NIPAC members will
 be able to review solutions for performance and qualifications, compare
 competing products, consult user comments and peer reviews, publish electronic
 requests for proposals (RFPs) online, and join online discussion groups.
     "According to the HealthTech survey released on March 20, physicians
 overwhelmingly agreed that the lack of system compatibility across health care
 organizations is a critical barrier to realization of the full potential of
 Internet enabled systems in medicine," said Aalto.  "In conjunction with
 CareScience and their Care Data Exchange product, we look forward to
 supporting clinical information sharing over the Internet with our membership
 to fully obtain the benefits of this emerging technology."
     NIPAC maintains a Corporate Partnership program and is commonly approached
 by vendors that desire to access its membership base.  Through this initiative
 with CareScience, NIPAC will encourage vendors looking for beta-partner
 opportunities with its membership to seek CareScience Certification for their
 relevant products.
     "Our Technology Assessment Tools provide valuable information to
 purchasers of health care information technology," said David J. Brailer,
 M.D., Ph.D., CareScience chairman and chief executive officer.  "NIPAC members
 can ensure that any CareScience Certified technology purchased will be able to
 be shared over the Internet, and fully understand the background of the
 companies providing those systems.  By ensuring that any new purchases are
 Internet interoperable, future Care Data Exchanges can be established.  We are
 excited about working with NIPAC members in their quest for Internet data
 sharing technologies."
 
     About NIPAC
     NIPAC, a leading advocate of physician-directed care, is a non-profit
 professional trade association composed of physician-led or governed
 organizations.  NIPAC has 300 members in 33 states, representing over 70,000
 physicians and nine million covered lives.  Members include some of the most
 innovative and successful physician organizations in the country, many of
 which participate in risk-bearing arrangements.  NIPAC is based in Oakland,
 Calif.  For more information, visit NIPAC's Web site at www.nipac.org.
 
     About CareScience
     CareScience, Inc. (www.carescience.com) is the nation's leading provider
 of online care management services to the health care industry.  Its products
 access, analyze and apply clinical data to the management of care, including
 quality monitoring, practice improvement, error tracking and process
 efficiency.  For the pharmaceutical industry, CareScience provides tools and
 services that shorten drug development time and improve development yield.
 CareScience has developed its products in collaboration with leading public
 organizations, including the Wharton School of Business, the University of
 Pennsylvania, the National Library of Medicine, Los Alamos National Laboratory
 and the California HealthCare Foundation.  CareScience has major offices in
 Philadelphia and San Francisco and is traded on the Nasdaq National Market
 under the symbol CARE.
 
     This announcement contains forward-looking statements that involve risks
 and uncertainties with respect to future events and financial performance.
 Actual results may differ materially from the results predicted, and reported
 results should not be considered as an indication of future performance.
 CareScience uses words such as `anticipates,' `believes,' `expects,' `future'
 and `intends' and similar expressions to identify forward-looking statements.
 The potential risks and uncertainties include, among others, CareScience's
 limited operating history, the loss or impairment of its intellectual property
 rights, the health care industry's willingness to adopt CareScience's
 solutions, the company's failure to manage its growth, the competitive and
 constantly changing environment for its services, the loss of any of its key
 personnel, its failure to develop strategic relationships, its failure to use
 new technologies effectively or adapt emerging industry standards, changes in
 the health care industry or the failure of commercial users to accept Internet
 solutions.  More information about potential factors that could affect the
 company's business and financial results is included in CareScience's filings
 with the Securities and Exchange Commission, which can be found at the
 Commission's Web site (http://www.sec.gov).
 
 SOURCE  CareScience, Inc.