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 ) December 30, 1997
NEW YORK HEALTH CARE, INC.
(Exact Name of Registrant as Specified in its Charter)
New York 1-12451 11-2636089
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
1850 McDonald Avenue, Brooklyn, N.Y. 11223
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number,
including area code, (718) 375-6700
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Item 5: OTHER EVENTS
On December 30, 1997, the Company's Board of Directors authorized the
expenditure of up to $200,000 to repurchase shares of the Company's common stock
in the open market from time to time, depending upon the market price and the
Company's cash position.
There are currently 3,773,437 shares of the Company's common stock
issued and outstanding.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
January 9, 1998 NEW YORK HEALTH CARE, INC.
By: /s/Jerry Braun
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Jerry Braun, President and Chief
Executive Officer
