CareScience Announces New Agreement with Ascension Health, Capping Record Sales Quarter

Signs Multi-Year Agreement to Provide Care Management Solutions to Eight

Ascension Health Facilities; Achieves Record Signings for First Quarter



Apr 16, 2001, 01:00 ET from CareScience, Inc.

    PHILADELPHIA, April 16 /PRNewswire/ -- CareScience, Inc. (Nasdaq:   CARE),
 the online care management company, today announced a new, three-year
 agreement with Ascension Health, to implement the Care Management System
 (formerly CaduCIS) in eight additional facilities.  The agreement caps a
 strong first quarter for CareScience, adding 20 facilities resulting in record
 quarterly sales.
     Ascension Health, the largest not-for-profit health system in the United
 States, will implement CareScience's Care Management System in these
 additional eight facilities to identify, prioritize and quantify clinical
 performance improvement opportunities.  These initiatives are designed to
 support Ascension Health's distinguishing characteristic of Clinical
 Excellence.
     "We are delighted to add these Ascension Health facilities to our family
 of customers," said Thomas H. Zajac, CareScience senior vice president and
 chief operating officer.  "The agreement capped a record sales quarter for
 CareScience, which added 20 new customer facilities during the period, multi-
 year renewals with Washington Hospital Center, Trinity Health System, and
 Ascension Health's Borgess Health Alliance, and more than tripled sales from
 the same quarter last year.  As expected, we are experiencing a strengthening
 in the marketplace for our products, and are increasingly optimistic on our
 prospects for Q2 and beyond."
     "Due to our ongoing relationship with CareScience, adding the Care
 Management System at eight more of our facilities was an easy decision," said
 Marsha Ladenburger, senior vice president at Ascension Health.  "CareScience
 has helped our other facilities find opportunities for improved processes that
 lead to better clinical outcomes.  Clinical excellence is a major commitment
 at Ascension Health, and CareScience's Care Management System is a critical
 element of that initiative."
     The CareScience Care Management System enables health care organizations
 to improve clinical efficiency, reduce medical errors, and improve patient
 safety.  As an application service provider of Internet-based products since
 1996, CareScience offers cost-effective access to hosted data, sophisticated
 processing technology and analysis methods.  CareScience additionally provides
 other Internet-based services and education programs that improve clinical
 quality and efficiency.
 
     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.
 
     About Ascension Health:
     Ascension Health (www.ascensionhealth.org) is a Catholic health system
 employing more than 87,000 people in the United States with a network of more
 than 75 acute care, long-term care and other healthcare facilities in 15
 states and the District of Columbia.  Ascension Health was formed in 1999 as a
 new health ministry uniting the Daughters of Charity National Health System
 and the Sisters of St. Joseph Health System.
 
     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 16 /PRNewswire/ -- CareScience, Inc. (Nasdaq:   CARE),
 the online care management company, today announced a new, three-year
 agreement with Ascension Health, to implement the Care Management System
 (formerly CaduCIS) in eight additional facilities.  The agreement caps a
 strong first quarter for CareScience, adding 20 facilities resulting in record
 quarterly sales.
     Ascension Health, the largest not-for-profit health system in the United
 States, will implement CareScience's Care Management System in these
 additional eight facilities to identify, prioritize and quantify clinical
 performance improvement opportunities.  These initiatives are designed to
 support Ascension Health's distinguishing characteristic of Clinical
 Excellence.
     "We are delighted to add these Ascension Health facilities to our family
 of customers," said Thomas H. Zajac, CareScience senior vice president and
 chief operating officer.  "The agreement capped a record sales quarter for
 CareScience, which added 20 new customer facilities during the period, multi-
 year renewals with Washington Hospital Center, Trinity Health System, and
 Ascension Health's Borgess Health Alliance, and more than tripled sales from
 the same quarter last year.  As expected, we are experiencing a strengthening
 in the marketplace for our products, and are increasingly optimistic on our
 prospects for Q2 and beyond."
     "Due to our ongoing relationship with CareScience, adding the Care
 Management System at eight more of our facilities was an easy decision," said
 Marsha Ladenburger, senior vice president at Ascension Health.  "CareScience
 has helped our other facilities find opportunities for improved processes that
 lead to better clinical outcomes.  Clinical excellence is a major commitment
 at Ascension Health, and CareScience's Care Management System is a critical
 element of that initiative."
     The CareScience Care Management System enables health care organizations
 to improve clinical efficiency, reduce medical errors, and improve patient
 safety.  As an application service provider of Internet-based products since
 1996, CareScience offers cost-effective access to hosted data, sophisticated
 processing technology and analysis methods.  CareScience additionally provides
 other Internet-based services and education programs that improve clinical
 quality and efficiency.
 
     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.
 
     About Ascension Health:
     Ascension Health (www.ascensionhealth.org) is a Catholic health system
 employing more than 87,000 people in the United States with a network of more
 than 75 acute care, long-term care and other healthcare facilities in 15
 states and the District of Columbia.  Ascension Health was formed in 1999 as a
 new health ministry uniting the Daughters of Charity National Health System
 and the Sisters of St. Joseph Health System.
 
     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.