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): June 2, 1997
DOCTORS HEALTH SYSTEM, INC.
(Exact name of registrant as specified in its charter)
MARYLAND 333-1926 52-1907421
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
10451 Mill Run Circle
10th Floor
Owings Mills, Maryland
21117
(Address of principal executive offices)
(Zip Code)
(410) 654-5800
(Registrant's telephone number, including area code)
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Item 4. Changes in Registrant's Certifying Accountant
Effective on May 28, 1997, Doctors Health System, Inc., a
Maryland Corporation ("Doctors Health"), dismissed its principal accountant,
Grant Thornton, LLP ("Grant Thornton"), and authorized the engagement of Arthur
Andersen, LLP as Doctors Health's principal accountant.
Grant Thornton acted as Doctors Health's principal accountant
on the financial statements as of and for the fiscal years ended June 30, 1995
and June 30, 1996 (collectively, the "Financial Statements"). Such Financial
Statements did not contain an adverse opinion or a disclaimer of opinion and
they were not qualified or modified as to uncertainty, audit scope or accounting
principles.
The decision to change accountants was recommended by the
Finance and Audit Committee of the Board of Directors on May 16, 1997 and
approved by the Board of Directors of Doctors Health on May 28, 1997.
During the two most recent fiscal years and all subsequent
interim periods prior to the change in principal accountant, there were no
disagreements with Grant Thornton on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or procedure.
Item 7. Exhibits
Number Title
1 Letter from Grant Thornton, LLP to the Securities and Exchange
Commission dated June 2, 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.
DOCTORS HEALTH SYSTEM, INC.
Date: June 2, 1997 /s/ John R. Dwyer Jr.
--------------------
John R. Dwyer Jr.
Chief Financial Officer
EXHIBIT 1
Letter from Grant Thornton, LLP to the Securities and Exchange Commission dated
June 2, 1997.
