EXHIBIT 99.b
 
FOR IMMEDIATE RELEASE                          CONTACT:  RICHARD A. EVANS
                                                         CHIEF FINANCIAL OFFICER
                                                         (918) 496-2451


                   CIS TECHNOLOGIES COMPLETES ACQUISITION OF
                           HOSPITAL COST CONSULTANTS


TULSA, Oklahoma (June 1, 1995) - CIS Technologies, Inc. (Nasdaq/NM:CISI) today
announced that it has completed the acquisition of California-based Hospital
Cost Consultants, Inc. ("HCC"), a second-tier subsidiary of First Financial
Management Corporation (NYSE:FFM) ("FFMC"), for cash consideration of $10
million.  CIS also guaranteed a $5 million short-term note from HCC to  FFMC and
has assumed certain contingent obligations of FFMC to the former shareholders of
HCC.  HCC reported revenues of approximately $8 million for the 12 months ended
December 31, 1994.

     Philip D. Kurtz, chairman and chief executive officer of CIS Technologies,
said, "We are pleased to have completed this acquisition which we expect will
have a positive impact on our revenues and earnings in 1995 and beyond.  This
transaction demonstrates our commitment to add value to our company by
increasing the array of products and services we offer our healthcare clients.
HCC's managed care products are in increasing demand as the healthcare industry
develops integrated delivery systems and responds to increasing cost containment
pressures."

     HCC currently offers three primary products to the provider marketplace,
all are based upon supporting managed care contracting:  "Distinction," a
managed care contract modeling and management product; "Domain," a decision
support product; and "Dividend," a hospital cost accounting product.  A fourth
product, a managed care capitation product, is scheduled for release in late
1995.  HCC currently has 80 contracts representing 100 hospitals throughout the
United States.  In addition, HCC has 75 hospital clients in international
marketplaces:  60 through distributorships in England, 12 in Australia, 1 in New
Zealand, and 2 in Canada.

     Mr. James L. Hersma, president and chief operating officer of CIS
Technologies, said, "With the acquisition of HCC, our company has direct access
to the managed care marketplace which represents a rapidly expanding sector of
healthcare.  In addition, HCC's managed care products complement CIS's products
now serving this market.  This acquisition is another important milestone in the
execution of our growth strategy to provide comprehensive services to the
healthcare industry.  With this broader foundation, we are now positioned to
become a major force in the emerging integrated delivery system marketplace.

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     CIS Technologies, Inc., a full-service healthcare reimbursement and
business office management company, is a leading source of technology-based
products and services that enable healthcare organizations to realize their full
financial potential.  Through proven methods to enhance business office
efficiency, creative financing alternatives, state-of-the-art clinical practice
management systems, and EDI tools to reduce paperwork and administrative costs,
all participants in a healthcare delivery system realize benefits. Currently,
CIS products and services are delivering value to over 220 third-party payers
and 900 healthcare organizations in 38 states.

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