UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
- -------------------------------------------------------------------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
HOME HEALTH CORPORATION OF AMERICA, INC.
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
436936 10 8
(CUSIP Number)
March 17, 1998
(Date of Event Which Requires Filing
of this Statement)
Joseph Falkson
132 Lakeside Drive West
Centerville, Massachusetts 02632
Telephone: (508) 775-7019
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and
Communications)
Copy to:
Spencer D. Klein, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
Telephone: (212) 848-4000
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
- -------------------------------------------------------------------------------
<PAGE>
CUSIP No. 436936 10 8
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Joseph Falkson
______________________________________________________________________
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|X| (a) __________________________________________________________________
|_| (b) __________________________________________________________________
(3) SEC Use Only _________________________________________________________
______________________________________________________________________
(4) Citizenship or Place of Organization
United States
______________________________________________________________________
Number of (5) Sole Voting Power 0
Shares
Beneficially (6) Shared Voting Power 959,948
Owned by
Each (7) Sole Dispositive Power 0
Reporting
Person (8) Shared Dispositive Power 959,948
With
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
959,948
______________________________________________________________________
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
______________________________________________________________________
(11) Percent of Class Represented by Amount in Row (9)
9.77%
______________________________________________________________________
(12) Type of Reporting Person (See Instructions) IN
______________________________________________________________________
<PAGE>
CUSIP No. 436936 10 8
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Susan Falkson
______________________________________________________________________
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|X| (a) __________________________________________________________________
|_| (b) __________________________________________________________________
(3) SEC Use Only _________________________________________________________
______________________________________________________________________
(4) Citizenship or Place of Organization
United States
______________________________________________________________________
Number of (5) Sole Voting Power 0
Shares
Beneficially (6) Shared Voting Power 959,948
Owned by
Each (7) Sole Dispositive Power 0
Reporting
Person (8) Shared Dispositive Power 959,948
With
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
959,948
______________________________________________________________________
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
______________________________________________________________________
(11) Percent of Class Represented by Amount in Row (9)
9.77%
______________________________________________________________________
(12) Type of Reporting Person (See Instructions) IN
______________________________________________________________________
<PAGE>
CUSIP No. 436936 10 8
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Michael Falkson
______________________________________________________________________
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|X| (a) __________________________________________________________________
|_| (b) __________________________________________________________________
(3) SEC Use Only _________________________________________________________
______________________________________________________________________
(4) Citizenship or Place of Organization
United States
______________________________________________________________________
Number of (5) Sole Voting Power 0
Shares
Beneficially (6) Shared Voting Power 959,948
Owned by
Each (7) Sole Dispositive Power 0
Reporting
Person (8) Shared Dispositive Power 959,948
With
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
959,948
______________________________________________________________________
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
______________________________________________________________________
(11) Percent of Class Represented by Amount in Row (9)
9.77%
______________________________________________________________________
(12) Type of Reporting Person (See Instructions) IN
______________________________________________________________________
<PAGE>
CUSIP No. 436936 10 8
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Peter Falkson
______________________________________________________________________
(2) Check the Appropriate Box if a Member of Group (See Instructions)
|X| (a) __________________________________________________________________
|_| (b) __________________________________________________________________
(3) SEC Use Only _________________________________________________________
______________________________________________________________________
(4) Citizenship or Place of Organization
United States
______________________________________________________________________
Number of (5) Sole Voting Power 0
Shares
Beneficially (6) Shared Voting Power 959,948
Owned by
Each (7) Sole Dispositive Power 0
Reporting
Person (8) Shared Dispositive Power 959,948
With
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
959,948
______________________________________________________________________
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
______________________________________________________________________
(11) Percent of Class Represented by Amount in Row (9)
9.77%
______________________________________________________________________
(12) Type of Reporting Person (See Instructions) IN
______________________________________________________________________
<PAGE>
Item 1. Issuer
(a) Home Health Corporation of America, Inc.
(b) 2200 Renaissance Boulevard
Suite 300
King of Prussia, Pennsylvania 19406-2755
Item 2. Person Filing
(a) Name of Person Filing: Joseph Falkson, Susan Falkson,
Michael Falkson and Peter Falkson.
(b) Address of Principal Residence:
The principal residence of
Joseph Falkson and Susan Falkson is
132 Lakeside Drive West,
Centerville, Massachusetts 02632.
The principal residence of
Michael Falkson is
11 Bubbling Brook Road,
Walpole, Massachusetts 02081.
The principal residence of
Peter Falkson is
46 Newbury Street,
Newton Center, Massachusetts 02159.
(c) Citizenship: The reporting persons are all
individuals who are citizens of the United States.
(d) Title of Class of Securities:
Common Stock, no par value.
(e) CUSIP Number: 436936 10 8
Item 3. This statement is filed pursuant to ss.240.13d-1(c).
Item 4. Ownership
(a) Amount Beneficially Owned: 959,948
(b) Percent of Class: 9.77%
(c) Number of shares as to which each person has:
(i) Sole Voting Power: 0
(ii) Shared Voting Power: 959,948
(iii) Sole Dispositive Power: 0
(iv) Shared Dispositive Power: 959,948
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not Applicable.
<PAGE>
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certifications
(a) Not Applicable.
(b) By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were not acquired and are not held for the
purpose of or with the effect of changing or
influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any
transaction having that purpose or effect.
<PAGE>
SIGNATURES
After reasonable inquiry to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: March 26, 1998
/s/ Joseph Falkson
---------------------------------
Joseph Falkson
/s/ Susan Falkson
---------------------------------
Susan Falkson
/s/ Michael Falkson
---------------------------------
Michael Falkson
/s/ Peter Falkson
---------------------------------
Peter Falkson
