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CYCARE SYSTEMS REPORTS 1992 NET INCOME

 SCOTTSDALE, Ariz., Feb. 17 /PRNewswire/ -- CyCare Systems Inc. (NYSE: CYS) reported net income of $1.5 million, or $.27 per share, on revenues of $75.6 million for the year ended Dec. 31, 1992. This compares with net income of $612,000, or $.11 per share, on revenues of $75.4 million reported in 1991.
 For the fourth quarter of 1992, the company reported net income of $285,000, or $.05 per share, on revenues of $18.8 million. This compares with a loss of $538,000, or $.10 per share, on revenues of $18.9 million for the same period in 1991.
 Jim Houtz, CyCare's chairman and chief executive officer, states, "The company made important financial progress during 1992. Our efforts remain focused on revenue growth, and we expect continued improvement in both earnings and revenue growth in 1993. The introduction of several new products in the areas of patient care and managed care should help contribute to our future growth."
 CyCare Systems Inc. is one of the nation's leading providers of information systems and services to the health care industry with more than 4,800 customers, including medical group practices, physicians and dentists, and hospital-affiliated physician groups.
 Headquartered in Scottsdale, the company's product, sales and service centers are located in Atlanta; Chicago; Dallas; Detroit; Dubuque, Iowa; Houston; Long Island, N.Y.; Minneapolis; Portland, Ore.; San Antonio; San Diego; and Woodland Hills, Calif.
 CYCARE SYSTEMS INC.
 Consolidated Results of Operations
 12 Months Ended Dec. 31, 1992 and 1991
 (In thousands, except per share data)
 (Unaudited)
 Three months 12 months
 1992 1991 1992 1991
 Revenues:
 Services $15,920 $16,070 $64,490 $65,454
 Systems sales 2,653 2,589 10,279 9,016
 Interest and dividends 30 125 164 365
 Other income 173 111 702 609
 Total 18,776 18,895 75,635 75,444
 Costs and expenses:
 Cost of services 8,680 9,243 35,873 36,387
 Cost of systems sold 2,008 2,097 6,737 5,965
 Software product
 amortization 594 551 2,534 2,198
 Research and
 development 706 1,051 2,785 4,101
 Sales and
 administration 6,180 6,412 24,278 24,004
 Interest 201 300 935 1,439
 Total 18,369 19,654 73,142 74,094
 Income (loss)
 before taxes 407 (759) 2,493 1,350
 Income taxes (benefit) 122 (221) 994 738
 Net income (loss) $285 ($538) $1,499 $612
 Earnings (loss)
 per share $.05 ($.10) $.27 $.11
 Weighted average
 shares outstanding 5,561 5,581 5,623 5,586
 -0- 2/17/93
 /CONTACT: Mark Schonau, CFO, 602-596-4374, or Kathy Schauer, director-investor relations, 602-596-4370, both of CyCare Systems/
 (CYS)


CO: CyCare Systems Inc. ST: Arizona IN: HEA SU: ERN

JB-LS -- LA008 -- 7154 02/17/93 08:56 EST
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Date:Feb 17, 1993
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