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MEDISYS EXPECTS BREAK-EVEN YEAR

 MINNEAPOLIS, Jan. 15 /PRNewswire/ -- Medisys, Inc., (NASDAQ: MEDS), today announced that based on preliminary analysis, it expects to adjust its contractual allowances related to accounts receivable. The adjustment, which is primarily on Medicare and Medicare-related accounts receivable, is expected to result in a break-even year. The analysis will be completed in conjunction with the year-end annual audit.
 "In order to accommodate physicians with whom we are building relationships, particularly in new markets, it has been our policy to accept a broad spectrum of patients. This included Medicare patients, who accounted for approximately 10 percent of our revenue in 1992. We reserved for that business at a level we believed to be appropriate. However, as we prepared for the year-end audit, we discovered that the rate of reimbursement on Medicare and related receivables will be substantially less than anticipated," said William Brummond, Medisys chief executive officer.
 "We have changed our policies regarding Medicare patients, becoming much more selective in the patients we accept and limiting our overall Medicare exposure. We are maintaining a prudent balance between cooperating with physicians and protecting profitability," Brummond concluded.
 Medisys provides comprehensive home infusion therapy services and products through regional centers in Minnesota, Missouri, Wisconsin, Texas, Illinois and Ohio. Home infusion therapy involves the intravenous or other administration of physician-prescribed nutrients, antibiotics, chemotherapeutic agents or other medications to patients in their homes. Medisys also provides comprehensive pharmacy services to long-term care and retirement communities through its centers in Minnesota, Texas, Arizona and California.
 -0- 1/15/93
 /CONTACT: William Brummond, CEO, or David Byrd, CFO, 612-835-8300, both of Medisys, Inc./
 (MEDS)


CO: Medisys, Inc. ST: Minnesota IN: MTC SU:

LD -- NY005 -- 5204 01/15/93 08:15 EST
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Date:Jan 15, 1993
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