Revenues Up 35%; Net Income Rises 51%; Operating Income Increases
                     53% Over The First Quarter Last Year

    BOSTON, April 21 /PRNewswire/ -- CRA Managed Care, Inc. (Nasdaq: CRAA)
today announced that revenues for the first quarter ended March 31, 1997,
increased 35 percent to $54.5 million, compared with revenues of
$40.2 million during the three months ended March 31, 1996.  Operating income
for the three months ended March 31, 1997, increased 53 percent to
$5.7 million, compared with $3.7 million for the same period last year.
    Net income for the three months, ended March 31, 1997, increased
51 percent to $3.1 million, or $0.34 per share, compared with $2.0 million, or
$0.27 per share, for the same period last year.
    "We are pleased to report another strong period of growth for CRA," said
Donald J. Larson, president and chief executive officer of CRA Managed Care.
"We have experienced continued growth in our field case management services
and are continuing to see tremendous demand for our cost containment services.
Our recent acquisitions have enabled CRA to offer the most comprehensive range
of services in the workers' compensation market, and our first-quarter results
bear strong testimony to the progress CRA is making in becoming the leader in
providing managed care services for the workers' compensation and disability
marketplaces."
    CRA Managed Care provides services designed to reduce the costs associated
with workers' compensation, automobile and disability insurance claims.  The
Company operates one of the largest field case-management organizations in
North America, consisting of 119 field case management offices with
approximately 1,200 field case managers who provide medical management and
return-to-work services in 49 states, the District of Columbia and Canada.
The Company also owns FOCUS Healthcare Management Inc., one of the country's
largest specialized PPOs focused on the workers' compensation and automobile
liability marketplaces; as well as Prompt Associates Inc., a leading provider
of both inpatient and outpatient bill review services to the healthcare
marketplace for claims that fall outside of a payor's network of hospitals or
outpatient facilities.  Additionally, CRA provides a broad range of
specialized cost containment services from 78 service locations -- including
utilization management, telephonic case management and retrospective medical
bill review services -- that are designed to reduce costs associated with
work- and auto-related injuries.
    NOTE:  This press release contains certain forward looking statements,
which the Company is making in reliance on the safe harbor provisions of the
private securities Litigation Reform Act of 1995.  Investors are cautioned
that all forward looking statements involve risks and uncertainties, and that
the Company's actual results may differ materially from the results discussed
in the forward-looking statements.  Factors that could cause or contribute to
such differences include, but are not limited to, the potential adverse impact
of governmental regulation on the Company's operations, an interruption in its
data processing capabilities, operational, financing and strategic risks
related to the Company's growth strategy, possible quarterly and annual
fluctuations in its operating results, litigation against the Company,
possible legal liability for adverse medical consequences, competitive
pressures, adverse changes in market conditions for the Company's services,
and the dependence of the Company on key management personnel.  Additional
factors include those described in the Company's Form 10-K filed with the SEC
on March 31, 1997 (SEC File No. 02-25856).

                            CRA MANAGED CARE, INC.
                           Statement of Operations
                                 (unaudited)

                                                   Three Months Ended
                                                         March 31,
                                                   1997           1996
     REVENUES                               $54,489,000  $40,225,000
      COST OF SERVICES                       44,571,000   33,422,000
      GROSS PROFIT                            9,918,000    6,803,000
     GENERAL & ADMIN EXPENSES                 4,251,000    3,109,000
      OPERATING INCOME                        5,667,000    3,694,000
      INTEREST EXPENSE, NET                     140,000      194,000
       INTEREST INCOME BEFORE TAXES           5,527,000    3,500,000
     PROVISION FOR INCOME TAXES               2,432,000    1,453,000
     NET INCOME                              $3,095,000   $2,047,000

     EARNINGS PER SHARE:                          $0.34        $0.27

     WEIGHED AVERAGE SHARES OUTSTANDING       9,102,000    7,550,000

                         Consolidated Balance Sheets

                                                  (Unaudited)
                                                    March 31,   December 31,
                                                      1997         1996
     CURRENT ASSETS:
      Cash and cash equivalents                 $1,692,000   $2,596,000
      Accounts receivable, net                  41,478,000   36,446,000
      Prepaid expenses and prepaid taxes           939,000    1,012,000
       Total current assets                     44,109,000   40,054,000
     PROPERTY AND EQUIPMENT, NET                 9,566,000    8,890,000
     GOODWILL, NET                              48,376,000   48,788,000
     OTHER ASSETS                                  327,000      396,000
     TOTAL ASSETS                             $102,378,000  $98,128,000

     CURRENT LIABILITIES:
      Revolving credit facilities               $6,012,000   $5,700,000
      Current portion of long-term debt             40,000       56,000
      Accounts payable and accrued expenses     14,698,000   14,953,000
       Total current liabilities                20,750,000   20,709,000
     LONG TERM DEFERRED TAX LIABILITIES            841,000      841,000
     STOCKHOLDERS' EQUITY                       80,787,000   76,578,000
     TOTAL LIABILITIES AND EQUITY             $102,378,000  $98,128,000

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