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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): APRIL 10, 2000
HEALTHCARE.COM CORPORATION
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(Exact name of registrant as specified in its charter)
GEORGIA 0-27056 58-2112366
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
1850 PARKWAY PLACE, SUITE 1100, MARIETTA, GEORGIA 30067
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (770) 423-8450
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HIE, INC.
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
(a) On April 5, 2000, Healthcare.com Corporation ("the Company")
issued a news release reporting a name change for the Company from HIE, Inc. to
Healthcare.com Corporation and a change in the Company's Nasdaq National Market
trading symbol from HDIE to HCDC. Both the name and the symbol changes became
effective at 9:00 a.m. on April 10, 2000. The news release is attached as an
exhibit to this Current Report on Form 8-K, and the information contained in
such press release is hereby incorporated by reference into this report.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
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Exhibit
Number Description
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99 Press Release of Healthcare.com Corporation dated April 5, 2000, reporting a name
change for the Company from HIE, Inc. to Healthcare.com Corporation, and a change in
the Company's Nasdaq National Market trading symbol from HDIE to HCDC.
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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 thereunto duly authorized.
Healthcare.com Corporation
By: /s/ Joseph A. Blankenship
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Joseph A. Blankenship
Chief Financial Officer,
Treasurer and Secretary
Date: April 10, 2000
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EXHIBIT INDEX
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Exhibit
Number Description
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99 Press Release of Healthcare.com Corporation dated April 5, 2000, reporting a name
change for the Company from HIE, Inc. to Healthcare.com Corporation, and a change in
the Company's Nasdaq National Market trading symbol from HDIE to HCDC.
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EXHIBIT 99
HIE [LOGO] The Integration Solutions Company
NEWS RELEASE
Press Contact: Sara Herrmann
Director, Corporate Communications
FOR IMMEDIATE RELEASE (770) 423-8572
[email protected]
Investor Relations
Contact:
Lisa Gagnon
Fleishman-Hillard
(404) 659-4446, ext. 158
[email protected]
HIE LEVERAGES HEALTHCARE INTEGRATION EXPERTISE WITH NEW PRODUCTS AND
NEW CORPORATE IDENTITY AS HEALTHCARE.COM CORPORATION
Strategy Adds Front Office e-Business Applications to Market-Leading Integration
Products and Creates New Recurring Revenue Stream
MARIETTA, GA, APRIL 5, 2000 - HIE Inc. (NASDAQ: HDIE), a pioneer in the
field of healthcare enterprise application integration, today announced its new
name as Healthcare.com Corporation and its new healthcare B2B products
strategy. The name change and new ticker symbol (NASDAQ: HCDC) will become
effective on April 10, 2000.
The Company, with products installed in 1,700 healthcare sites, is
extending its enterprise application integration technology to the Internet with
new Web-based solutions designed to automate critical business processes within
and between healthcare enterprises. The initial suite of products was created in
conjunction with strategic business partners, including empactHealth.com and
HDX, and through in-house development efforts. EMerge(R), the Company's
enterprise master person index (EMPI), and Cloverleaf(R), its integration
engine, are the foundation of the Company's new e-Health applications. Back-end
integration with the appropriate clinical and/or financial systems is included
with each of the solution sets. More detailed product announcements will be
forthcoming in the weeks ahead.
The new series of products add transaction and subscription-based
revenue to the Company's existing license fees and service revenues. "The new
business model will provide longer-term contracts and a more predictable
revenue stream," said Robert Murrie, Healthcare.com president and chief
executive officer. "During 2000, we plan to invest in marketing and product
development initiatives in order to achieve significant revenue increases in
upcoming years. The Company does not expect, however, that these investments
will have a major impact on the Company's earnings targets for 2000."
The healthcare industry's reliance on a patchwork of incompatible
systems has long been an obstacle to incorporating new automation solutions,
including Web-based applications, into the daily
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HIE LEVERAGES HEALTHCARE INTEGRATION EXPERTISE WITH NEW PRODUCTS AND NEW
CORPORATE IDENTITY AS HEALTHCARE.COM CORPORATION
workflow of the healthcare enterprise. One of the biggest challenges faced by
providers of Internet-based solutions is the difficulty of integrating these
new applications into back-end clinical and financial information systems. In a
recent survey of healthcare CIOs conducted by Goldman, Sachs, more than 80
percent indicated that they seek to use the Internet to enable remote access to
legacy systems, and more than 40 percent seek to use the Internet for
transmission of electronic transactions.
"Our unmatched service capability allows us to provide a complete IT
solution for the healthcare industry as it transitions into the digital age,"
said Murrie. "We will be able to implement these new solutions in three
different ways: as software installed in a client's data center, via our ASP
capabilities, or as an outsourcing solution."
"Our identity change mirrors the progressive evolution of the Company,
its product line, service capabilities and business model," said Pete Petit,
Healthcare.com chairman of the board. "The addition of these new Internet-based
solutions, in conjunction with our extensive service capabilities, will enable
us to provide our customers an end-to-end solution that unlocks the value
hidden in legacy systems and extends that value to the Internet."
Healthcare.com serves hundreds of hospitals and integrated delivery
networks, payors and ancillary healthcare businesses such as laboratories. Its
products are used or resold by dozens of vendors including Healtheon/WebMD,
empactHealth.com, Cybear, Inc., VHA, PerSe, McKessonHBOC, and WirelessMD.
Healthcare.com management will discuss the name change and B2B
strategy at a conference call scheduled for Thursday, April 6 at 11 a.m. EST.
Contact Denise Jones at (770) 423-8515 to register for the conference call. The
conference call dial in number is (712) 257-2371; the password is
"Healthcare.com." For those not available at this time, a playback number has
been set up. The playback will be available at (402) 998-0597 from April 6,
2000 at noon through April 8, 2000 at 5 p.m. EST.
ABOUT HEALTHCARE.COM CORPORATION
Healthcare.com Corporation offers secure, web-based B2B solutions that
use data housed in the healthcare enterprise's existing, disparate applications
to improve its business processes. Providing essential technology for the
healthcare industry, the Company serves over 40 percent of the country's
hospitals and health networks, and partners with leading healthcare vendors.
Healthcare.com Corporation is headquartered in Marietta, Georgia, with offices
in Dallas, Texas; Columbus, Ohio; Charleston, South Carolina; Honolulu, Hawaii;
and Essen, Germany. For more information, visit the Company's web site at
http://www.healthcare.com.
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HIE CONTACTS:
(Press) Sara Herrmann, Director, Corporate Communications
(770) 423-8572
[email protected]
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HIE LEVERAGES HEALTHCARE INTEGRATION EXPERTISE WITH NEW PRODUCTS AND NEW
CORPORATE IDENTITY AS HEALTHCARE.COM CORPORATION
(Investor Relations) Lisa Gagnon, Fleishman-Hillard
(404) 659-4446 x 158
[email protected]
This press release includes forward-looking statements in addition to
historical information. The words "expect," "anticipate," "intend," "plan,"
"believe," "seek," estimate" and similar expressions are intended to identify
such forward-looking statements; however, this press release also contains
other forward-looking statements in addition to historical information. The
Company cautions that there are various important factors that could cause
actual results to differ materially from those indicated in the forward-looking
statements; accordingly, there can be no assurance that such indicated results
will be realized. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking statements
are the intensely competitive online commerce industry, continued growth in the
use of the Internet, acceptance of the Internet as a secure medium over which
to conduct transactions, user acceptance of a new site, failure to obtain
significant subscriber growth, changes in regulations applicable to or
affecting the Company or its customers, sales timing, changes in pricing
policies, undetected errors or bugs in the software, delays in product
development, lower-than-expected demand for the Company's software tools or
services, changes in outsourcing trends involving information technology and
related services, business conditions in the healthcare and other complementary
markets, general economic conditions and the risk factors detailed from time to
time in the Company's periodic reports and registration statements filed with
Securities and Exchange Commission, including the Company's Annual Report on
Form 10-K for the year ended December 31, 1999. By making these forward-looking
statements, the Company does not undertake to update them in any manner except
as may be required by the Company's disclosure obligations in filings it makes
with the Securities and Exchange Commission under the Federal securities laws.
"Healthcare.com," "HIE," "Application Sourcing," "Cloverleaf," "EMerge," and
"Solution Sourcing" are trademarks of Healthcare.com Corporation.
