<PAGE> 1
Page 1 of 10 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
IDX SYSTEMS CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01
(Title of Class of Securities)
449491 10 9
(CUSIP Number)
Check the following box if a fee is being paid with this statement /__/.
A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed
no amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class. (See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
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CUSIP No. 449491 10 9 13 Page 2 of 10 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul L. Egerman
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b)
Inapplicable
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
5. SOLE VOTING POWER
980,000
NUMBER OF
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 980,000
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
980,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.7%
12. TYPE OF REPORTING
IN
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CUSIP No. 449491 10 9 Page 3 of 10 Pages
Item 1(a) Name of Issuer:
IDX Systems Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
1400 Shelburne Road
P.O. Box 1070
Burlington, Vermont 05402
Item 2(a) Name of Filing Person:
Paul L. Egerman, individually
Item 2(b) Address of Principal Business Office or if none, Residence:
Paul L. Egerman
77 Westcliff Road
Weston, MA 02193
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock, $0.01 par value
Item 2(e) CUSIP Number:
449491 10 9
Item 3 Description of Person Filing:
Inapplicable
Item 4 Ownership:*
(a) Amount Beneficially owned:
980,000 (as of December 31, 1996)
__________________________
* As of December 31, 1996
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CUSIP No. 449491 10 9 Page 4 of 10 Pages
Mr. Egerman directly owns 980,000 shares.
(b) Percent of Class: 4.7%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote: 980,000
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 980,000
(iv) shared power to dispose or to direct the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following /X/.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Inapplicable
Item 8 Identification and Classification of Members of the Group:
Inapplicable
Item 9 Notice of Dissolution of a Group:
Inapplicable
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CUSIP No. 449491 10 9 Page 5 of 10 Pages
Item 10 Certification:
Inapplicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
<TABLE>
<S>
<C>
DATE: February 12, 1997
<C>
/s/ Paul L. Egerman
------------------------------------------
Paul L. Egerman
Director
</TABLE>
NOTE: See attached Exhibit A-Initial Schedule 13G filed February 14, 1996.
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Page 6 of 10 Pages
EXHIBIT A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)
IDX SYSTEMS CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01
(Title of Class of Securities)
449491 10 9
(CUSIP Number)
Check the following box if a fee is being paid with this statement /X/.
A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class. (See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
<PAGE>7
CUSIP No. 449491 10 9 13G Page 7 of 10 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul L. Egerman
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b)
Inapplicable
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
5. SOLE VOTING POWER
1,313,000
NUMBER OF
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 1,313,000
8. SHARED DISPOSITIVE POWER
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,313,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.46%
12. TYPE OF REPORTING PERSON
IN
<PAGE>8
CUSIP No. 449491 10 9 Page 8 of 10 Pages
Item 1(a) Name of Issuer:
IDX Systems Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
1400 Shelburne Road
P.O. Box 1070
Burlington, Vermont 05402
Item 2(a) Name of Filing Person:
Paul L. Egerman, individually
Item 2(b) Address of Principal Business Office or if none, Residence:
Paul L. Egerman
c/o 116 Huntington Avenue
Boston, Massachusetts 02116
Item 2(c) Citizenship:
United States of America
Item 2(d) Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e) CUSIP Number:
449491 10 9
Item 3 Description of Person Filing:
Inapplicable
Item 4 Ownership:*
(a) Amount Beneficially owned:
1,313,000 (as of December 31, 1995)
__________________________
* As of December 31, 1995
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CUSIP No. 449491 10 9 Page 9 of 10 Pages
Mr. Egerman directly owns 1,313,000 shares.
(b) Percent of Class: 6.46%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote: 1,313,000
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 1,313,000
(iv) shared power to dispose or to direct the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class:
Inapplicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company:
Inapplicable
Item 8 Identification of Members of the Group:
Inapplicable
Item 9 Notice of Dissolution of a Group:
Inapplicable
<PAGE>10
CUSIP No. 449491 10 9 Page 10 of 10 Pages
Item 10 Certification:
Inapplicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
<TABLE>
<S>
<C>
DATE: February 12, 1996
<C>
/s/ Paul L. Egerman
---------------------------------------
Paul L. Egerman
Senior Vice President
</TABLE>