Healthcare Insights Proactive Financial System Selected by Ozarks Medical Center; INSIGHTS E-Mail Alert Technology Promotes Management Accountability.

Business Editors/Health/Medical Writers/High-Tech Writers

LIBERTYVILLE, Ill.--(BUSINESS WIRE)--April 13, 2004

Healthcare Insights LLC (HCI), the leading provider of financial management software for the healthcare industry, announced today that Ozarks Medical Center (OMC), a not-for-profit medical referral center serving south central Missouri and north central Arkansas, has selected its exception-based financial system, which focuses on deviations from the target budget thus reducing the time and money spent on planning and monitoring the organization's budget. INSIGHTS, HCI's proprietary technology, is a user-friendly system that can be used by managers at every level. This ensures that managers take responsibility for their own budgets, reducing the burden on the financial department.

"HCI is delighted to work with OMC to automate its budgeting process," said Steven Berger, president of Healthcare Insights. "Now, with instant access to financial information at the department level, OMC's managers can intelligently guide operations in each department ensuring that accountability can be maintained across the organization."

OMC elected to use INSIGHTS due to the management accountability promoted by the real-time alerts features. Alerts detect and address user defined exceptions. Recipients of the email can view business unit details, department Income Statements or Balance Sheets on the desktop. This integrated drilldown capability will allow OMC's managers to thoroughly research the alert condition. They will be able to view labor at a pay code level, accounts payable, journal entries, inventory positions, and capital items, plus statistics, in order to assess the situation, prepare a response to the alert and resolve the issue.

"We needed to move to an automated, paperless system," said Angela Richmond, director of financial services, Ozarks Medical Center. "Our decision to select HCI over other solution providers was based the unique features of INSIGHTS including the email-based alerts that ensure every manager can be responsible for the organization's bottom line. In just four weeks, HCI has provided us with unique, user-friendly technology that will change the way we manage our budgets and finances within the organization."

HCI's executive team designed INSIGHTS to address the constantly changing needs of healthcare institutions. By automating various financial processes and eliminating redundant procedures, this proprietary technology significantly impacts the productivity within healthcare organizations. INSIGHTS allow users to generate customized reports instantly. In addition, financial problems can be identified and corrected immediately and full budgets can be completed within days instead of months.

For additional information about Healthcare Insights and the customizable INSIGHTS product, visit the company's website at www.hcillc.com.

About Ozarks Medical Center

Ozarks Medical Center (OMC) in West Plains, Mo., is a 114-bed, not-for-profit medical referral center serving a 12-county area in south central Missouri and north central Arkansas. OMC employs approximately 1,100 people and serves a population base of 150,000.

OMC is accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), an independent, not-for-profit organization that develops standards of quality in collaboration with health professionals. OMC is accessible via the Internet at www.ozarksmedicalcenter.com.

About Healthcare Insights LLC

Healthcare Insights LLC provides intelligent decision support and management accountability software for the healthcare industry, as well as educational training and business application consulting services. The company's proprietary technology, INSIGHTS, allows small to large healthcare organizations to easily define, establish and monitor financial and non-financial goals. Corporate headquarters are located in Libertyville, Illinois. Healthcare Insights is accessible via the Internet at www.hcillc.com.