S.

reimbursement houlihan

--Next Generation Solution Now Represents Twenty Percent of NDCHealth 's
Hospital Customer Transactions

ATLANTA, NDCHealth Corporation
(NYSE: NDC), a leading provider of healthcare technology and information
solutions, announced today that leading U.
IASIS adopted ePREMIS Claims Management and its optional module, NDC ePREMIS
Remittance Management as a step to improve its reimbursement process and
enhance workflow among its 15 acute-care facilities. All
other company and product names mentioned may be trademarks of the company.

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stauffer houlihan

Its systems and information management solutions
help improve operational efficiencies and business decision making for
providers, retail pharmacy and pharmaceutical manufacturers.S.

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"Our decision to adopt NDCHealth's solutions was based on a strategy to
improve our revenue cycle management by directly addressing workflow and
enterprise-wide data sharing capabilities," said Sharon Leerssen, regional
business office director, IASIS Healthcare.

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ndchealth.

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For more information, visit http://www.S.

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1 million remittance
transactions per week. Its network solutions have long been among the nation's
leading, automating the exchange of information among pharmacies, payers,
hospitals and physicians.




Business Editors

NEW YORK----Halcyon Asset Management
LLC , a New York City-based $3 billion hedge fund manager, today
announced that Oscar A.

About Halcyon Asset Management, LLC

Halcyon specializes in debt restructurings, capital structure
arbitrage , merger arbitrage, special situations, and other
event-driven strategies.

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NDC ePREMIS has been selected by more than 700
facilities since its introduction, and continues to increase as a percentage
of NDCHealth's total hospital transaction volume. NDCHealth's hospital systems, NDC ePREMIS and its
predecessor NDC PREMIS, are in operation in 1,800 hospital and health
facilities, and process $360 billion in claims annually, representing one-
third of all U. Mockridge will focus on finding and evaluating
event-driven investment opportunities for the funds under Halcyon's
management.
Mockridge holds an MBA from the New York University, where he was
a Stern Scholar, and a B.

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"
"NDC ePREMIS continues to experience significant momentum, validating our
strategy to shift transaction processing from our legacy systems to next
generation solutions," commented Walter Hoff, chairman and chief executive
officer, NDCHealth. Headquartered at
Atlanta, Ga.

insured lokey

"
NDCHealth added that the face value of the hospital and healthcare
facility claims it processes averages $31 billion per month , or $1. Overall, NDCHealth's hospital and healthcare facility
claims generally reflect the national mix of payers with claims submissions
composed of 37% commercial, 27% Medicare, 20% Blue Cross Blue Shield and 15%
Medicaid.
Mockridge provided financial restructuring advisory services on
some of the larger and more complex restructurings over the past six
years, including Solutia, Grupo TMM , Magellan Health Services, XO
Communications, AmeriServe Food Distribution, and AEI Resources.

operational insured

insured segment


Mockridge has an extensive background in corporate finance that
combines both advisory and capital markets experience.
Earlier Mockridge had been a trader at First Union National Bank in
Charlotte and KBC Bank in New York, covering a number of financial
instruments and markets.

consolidation insured

4 billion
each day . NDCHealth also processes approximately 1.
NDCHealth and NDC ePREMIS are trademarks of NDCHealth Corporation. Formerly a
senior vice president at Houlihan Lokey Howard + Zukin, an
international investment bank, Mockridge most recently served in that
firm's Financial Restructuring Group, the largest financial
restructuring practice of any investment bank in the United States.

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We are proud of the contribution we make to our
hospital customers' healthcare mission, and that we are the trusted provider
of transaction processing services to one-third of the healthcare expenditures
in hospitals in the United States today.

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Halcyon Asset Management Adds Senior Houlihan Lokey Restructuring Banker to Firm's Research Team

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consolidation reimbursements

healthcare systems continue to
select NDC ePREMIS(R) Claims Management to manage their revenue cycle
processes and workflow. Mockridge has joined its research team as
senior vice president.


operational stauffer

NDC ePREMIS(R) Continues to Experience Strong Market Adoption

, the company provides information vital to the delivery of
healthcare every day.

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S. Its offerings are in use in more than 25 percent of
all U.

consolidation besler

"We've integrated ePREMIS Claims
Management with our patient accounting systems to enable accelerated cash
flow, reduce accounts receivable and enhance productivity. "For almost 40 years, NDCHealth has pioneered automation,
transaction processing, and information solutions to improve the efficacy and
effectiveness of healthcare. from the University of Vermont (summa cum
laude).

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analytics segment

com . hospitals.

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Nashville-based IASIS Healthcare recently selected the ePREMIS solution .

About NDCHealth
NDCHealth is a leading information solutions company serving all sectors
of healthcare.
NDCHealth's Hospital Applications and Services' customer group has been
providing quality healthcare technology solutions to the United States market
for more than 20 years. hospital healthcare claims. Halcyon is headquartered in New York City and
has 21 investment professionals.

medicaid ameri

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