LIFERATE SYSTEMS INC
8-K, 1997-05-07
COMPUTER INTEGRATED SYSTEMS DESIGN
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                                  UNITED STATES
                       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):
                                   MAY 5, 1997


                             LIFERATE SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)


     Minnesota                       0-25530                     41-1682994
(State of incorporation)           (Commission                (I.R.S. Employer
                                   File Number)              Identification No.)


                  7210 Metro Boulevard, Edina, Minnesota 55439
               (Address of principal executive offices) (zip code)


        Registrant's telephone number, including area code: 612/844-0599



Item 5.  Other Events.

         Filed herewith as Exhibit 99.1 and incorporated herein by reference is
a press release dated May 5, 1997 issued by LifeRate Systems, Inc. reporting
certain changes in its executive management that became effective on May 5,
1997.

Item 7.  Financial Statements and Exhibits.

                  c.    Exhibits

                        99.1     Press Release, dated May 5, 1997



                                   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.

                                          LIFERATE SYSTEMS, INC.


                                          /s/ William W. Chorske
                                          William W. Chorske
                                          Chairman of the Board

Dated:  May 5, 1997



                                INDEX TO EXHIBITS

Exhibit No.    Item                               Method of Filing
- -----------    ----                               ----------------
99.1           Press Release, dated May 5, 1997   Filed herewith electronically.



                                                                    EXHIBIT 99.1

                  LIFERATE SYSTEMS ANNOUNCES EXECUTIVE CHANGES


         Minneapolis, Minn. - May 5, 1997 - LifeRate Systems, Inc. announces
today that President and Chief Executive Officer William W. Chorske will assume
the role of Chairman of the Board, replacing David Koentopf, who will remain on
the Board.

         Replacing Mr. Chorske as interim President and Chief Executive Officer
is John R. Goodrich. Most recently, Mr. Goodrich was the Executive Vice
President and Chief Operating Officer of Lifetouch Portrait Studios
(Minneapolis). Mr. Goodrich will assume the duties of the office while LifeRate
conducts a nationwide search for a permanent President and Chief Executive
Officer.

         Effective May 9, 1997, LifeRate also announces the resignation of
Thomas Niccum. Mr. Niccum has filled the role of Vice President of software
development for LifeRate.

         LifeRate Systems, Inc., headquartered in Minneapolis, develops
software-based solutions and clinical tools that allow healthcare providers to
demonstrate the quality and cost-effectiveness of the medical care they deliver.
Marketed to physician groups and institutions in several medical specialties,
the company's computer-based information management system collects medical data
into meaningful, applicable and, most importantly, useful information for the
providers of care.



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