LENEXA, KS – March 31, 2011 – Mediware Information Systems, Inc. ( Nasdaq: MEDW ) today announced that it has signed a definitive purchase agreement to acquire assets of CareCentric, Inc.’s, home medical equipment, home health and home infusion businesses. Mediware will acquire more than 300 new customers and the related products, services and contracts. Mediware and CareCentric expect to close the acquisition within 30 days. Mediware plans to combine the CareCentric business with its existing Alternate Care Solutions (ACS) business line. Mediware formed ACS in March 2010 following the December 2009 acquisition of Healthcare Automation Inc. and Advantage Reimbursement Inc., and the November 2008 acquisition of Hann’s On Software. “The acquisition of CareCentric products, services and expertise will expand Mediware’s already substantial position in the Alternate Care Solutions market. With the additional customers, Mediware software will now support more than 700 sites delivering home infusion, home medical equipment (HME), specialty pharmacy and home care services for patients with chronic illnesses throughout the United States,” said Thomas Mann, Mediware’s president and chief executive officer. “This transaction continues our strategy of extending Mediware’s expertise outside of acute care, where we have a strong reputation and customer base,” Mann continued. “The addition of CareCentric customers and products will complement our overall portfolio, expand our focus on HME organizations and provide this large customer base confidence that their solutions partner is committed to their long-term success. This is a good fit for Mediware and is a positive development for the CareCentric customers.” The alternate site care market has been growing due to the cost effectiveness and popularity of outpatient and home-based care services in the United States. Mediware has been leveraging its deep roots in pharmacy and healthcare software solutions to expand its focus into home health, nursing and the management of medical equipment away from the hospital. Mediware’s Alternate Care Solutions group is led by Mr. Ken Pereira, who was formerly the CEO of Healthcare Automation. Mr. Pereira has a deep understanding of the needs of this market and will utilize the experience of both organizations to optimize the development and delivery of products and services and continue Mediware’s profitable growth...

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