SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): June 5, 2003


                                CARECENTRIC, INC.

               (Exact name of registrant as specified in charter)




                                                                          
               Delaware                               000-22162                            22-3209241
    (State or other jurisdiction of           (Commission File Number)          (IRS Employer Identification No.)
            incorporation)



        2625 Cumberland Parkway
               Suite 310                                      30339
           Atlanta, Georgia                                (Zip Code)
         (Address of principal
          executive offices)

       (Registrant's telephone number including area code) (678) 264-4400







ITEM 5.  OTHER EVENTS.

     On June 5,  2003,  CareCentric,  Inc.  issued  a  press  release  regarding
CareCentric's   execution  of  a  merger  agreement,   subject  to  approval  by
shareholder vote, with an investor group led by John E. Reed that could have the
effect of  taking  the  company  private.  CareCentric  hereby  incorporates  by
reference  herein the  information  set forth in its Press Release dated June 5,
2003, a copy of which is annexed  hereto as Exhibit 99.1,  and the Agreement and
Plan of Merger dated June 4, 2003 by and among  CareCentric,  Borden Associates,
Inc.,  John E.  Reed,  Stewart  B.  Reed and James A.  Burk,  a copy of which is
annexed hereto as Exhibit 99.2.

                                 INVESTOR NOTICE

     CareCentric plans to file with the SEC a proxy statement and other relevant
documents concerning the merger.  Investors of CareCentric are urged to read the
proxy statement when it is filed and any other relevant documents filed with the
SEC because they will contain important information.  You will be able to obtain
the  documents  free  of  charge  at  the  website  maintained  by  the  SEC  at
www.sec.gov.  In  addition,  you may  obtain  documents  filed  with  the SEC by
CareCentric  free of charge by  requesting  them in  writing  from Ana McGary at
CareCentric,  Inc., 2625 Cumberland Parkway,  Suite 310, Atlanta, GA 30339 or by
telephone at (678) 264-4400.

     CareCentric,  its  directors  and  executive  officers and certain of their
employees  and the  investor  group  described  previously  may be  deemed to be
participants in the solicitation of proxies from the stockholders of CareCentric
in connection  with the merger,  if  consummated.  These  participants  may have
interests in the merger,  if  consummated,  including  interests  resulting from
holding  options or shares of CareCentric  common stock.  Information  about the
interests of  directors  and  executive  officers of  CareCentric,  the investor
group, and their ownership of securities of CareCentric will be set forth in the
proxy statement.

     Investors  should  read  the  proxy  statement  carefully  when it  becomes
available before making any voting or investment decisions.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (a) Financial Statements.

         Not Applicable.

     (b) Pro Forma Financial Information.

         Not Applicable.

     (c) Exhibits.

EXHIBIT
NUMBER        DESCRIPTION
------        -----------

2.1           Agreement and Plan of Merger dated June 4, 2003 by and among
              CareCentric, Borden Associates, Inc., John E. Reed, Stewart
              B. Reed and James A. Burk.

99.1          Press Release dated June 5, 2003




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                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                    CARECENTRIC, INC.




Date: June 5, 2003                  By:  /s/ John R. Festa
                                       -----------------------------------------
                                       John R. Festa
                                       Chief Executive Officer
                                       (Principal Executive Officer)







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