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): August 7, 2003


                                CARECENTRIC, INC.

               (Exact name of registrant as specified in charter)



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




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 August 7, 2003,  CareCentric,  Inc. issued a press release regarding the
report of its first  quarter 2003  financial  matters for the quarter ended June
30, 2003.  CareCentric  hereby  incorporates by reference herein the information
set forth in its Press  Release dated August 7, 2003, a copy of which is annexed
hereto as Exhibit 99.1.

                                 INVESTOR NOTICE

     CareCentric  has filed with the SEC a proxy  statement  and other  relevant
documents  concerning  a proposed  merger with an investor  group led by John E.
Reed that could have the effect of taking CareCentric  private.  CareCentric has
entered  into an  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.  The  merger  agreement  has been  filed with the SEC as an exhibit to the
proxy statement. Investors of CareCentric are urged to read the proxy statement,
the  merger  agreement,  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  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
------                                               -----------
99.1                                  Press Release dated August 7, 2003





                                   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: August 7, 2003         By:     /s/      John R. Festa
                                ------------------------------------------------
                                              John R. Festa
                                              Chief Executive Officer
                                              (Principal Executive Officer)


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