Healthcare of Iowa, Inc. Selects HCS INTERACTANT

Farmingdale, NJ (June 2004) - HCS is pleased to announce its recent contract signing with Healthcare of Iowa, Inc., Cedar Rapids, IA. With INTERACTANT, Healthcare of Iowa gains a powerful enterprise information system that will improve workflow and enhance centralized operations for all of their managed long-term care facilities.

Healthcare of Iowa will be implementing HCS INTERACTANT Healthcare Management and Financial Applications including registration, accounts receivable, collections, accounts payable, general ledger, and executive information systems.

Amy Tressel, Vice President of Finance, states, "We believe INTERACTANT will provide us with greater flexibility and efficiency in centrally processing financial information. In addition, the software runs on IBM's eServer iSeries platform. Our experience with the iSeries platform's user-friendly functionality and reliability were important factors in our decision. Throughout the selection process and to this point, we have been impressed with the professionalism of the HCS staff and their knowledge of the INTERACTANT Software. We look forward to partnering with a progressive company who has demonstrated a long-term commitment to our industry."

According to Thomas Fahey, Vice President of Sales and Marketing for HCS, "We are excited about our agreement with Healthcare of Iowa. Their multiple locations and variety of management services for long-term care providers fits well with the functionality of INTERACTANT. We welcome Healthcare of Iowa to our growing list of clients in the senior living community."

About Healthcare of Iowa, Inc. - A management and consulting company providing services to long-term care facilities in Iowa since the early 1970's. Currently, Healthcare of Iowa operates 18 skilled nursing facilities, six assisted living facilities, with two facilities under construction, one residential care facility, and one ICF-MR facility. In addition, Healthcare of Iowa's sister company provides Medicare billing and consulting services to skilled nursing facilities in Iowa. The company offers a unique service in meeting the complete management, accounting, billing and compliance needs for a variety of ownership types.

About HCS - Exclusively dedicated to information technology for healthcare providers since 1969. The HCS product, INTERACTANT, is a series of integrated clinical and financial applications supporting the continuum of healthcare services including long-term care, skilled nursing, behavioral health, acute, subacute, and rehabilitation providers.

For additional information on this project or to learn more about INTERACTANT, please call (800) 524-1038. Also, please visit the HCS website for additional information.