INTERCARE <CARE> TO POST 4TH QTR LOSS
  Intercare Inc said it
  expects to report a substantial loss for its fourth quarter
  ended January 31 because of a writeoff of expenses associated
  with its recently terminated debt and equity offering.
      The company also said the write off includes expenses
  associated with the acquisition of U.S. Medical Enterprises
  Inc, and with the restructuring of certain partnerships.
      Intercare also said it increased its reserve against
  accounts receivable.
      Executives at the company were not immediately available to
  provide additional details.
      Intercare also said it has implemented a workforce
  reduction, closed two medical centers and is considering
  additional closings as a means of reducing a working capital
  deficit.