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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): JANUARY 15, 1998
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CONCENTRA MANAGED CARE, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 000-22751 04-3363415
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of incorporation) Identification Number)
312 UNION WHARF
BOSTON, MASSACHUSETTS 02109
(Address of principal (Zip code)
executive offices)
Registrant's telephone number, including area code: (617) 367-2163
NOT APPLICABLE
(former address if changed since last report)
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ITEM 5. OTHER EVENTS
See the press release attached hereto as Exhibit 99.1 dated January 15,
1998 announcing the resignation of John K. Carlyle as Chairman of the Board of
Concentra Managed Care, Inc.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
99.1 Press Release of the Registrant dated January 15, 1998
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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.
CONCENTRA MANAGED CARE, INC.
(Registrant)
By: /s/ Richard A. Parr II
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Name: Richard A. Parr II
Title: Executive Vice President and General Counsel
Date: January 23, 1998
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INDEX TO EXHIBITS
EXHIBIT
NUMBER PAGE
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99.1 Press Release of Registrant dated January 15, 1998
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EXHIBIT 99.1
[CONCENTRA MANAGED CARE, INC. LETTERHEAD]
FOR IMMEDIATE RELEASE
CONTACT: Joseph F. Pesce
Chief Financial Officer
(617) 367-2163, eXT. 5101
CARLYLE RESIGNS AND LARSON ELECTED AS CHAIRMAN OF
CONCENTRA MANAGED CARE, INC.
BOSTON, MASSACHUSETTS, (January 15, 1998) - Concentra Managed Care, Inc.
(Nasdaq/NM: CCMC) today announced that John K. Carlyle, Chairman of the
Board of Concentra Managed Care, Inc., well step down as chairman effective
tomorrow, January 16th. The board of directors announced following their
meeting in Boston today that Donald J. Larson, President and CEO of
Concentra, has been elected chairman, effective tomorrow. Carlyle will
remain on the board as a director for the balance of his three-year term.
"Given the successful integration of the two companies following our
merger and the confidence I have in Don Larson and the management team at
Concentra, the time was right for me, both personally and professionally, to
step down as chairman, " says Carlyle. "Being an integral part of creating
the first fully integrated managed care company in the workers' compensation
and auto cost containment industry has been a rewarding experience for me."
"Working with John on creating a strong management team as a result of
the merger of our two companies has been a great experience," says Larson.
"We will look forward to continuing to have John participate in our continued
growth and development as an active member of our board."
Concentra Managed Care is the nation's first fully integrated managed
care company focused on auto and workers' compensation cost containment.
Concentra offers prospective and retrospective services to employers and
insurers of all sizes, providing pre-employment testing, loss prevention
services, first report of injury, injury care, specialist networks and
specialized cost containment to the disability and automobile injury markets.
The Company has 123 field case management offices, with approximately 1,350
field case managers who provide medical management and return to work
services in 49 states, the District of Columbia, and Canada. The Company
also has 83 service locations that provide specialized cost containment
services including utilization management, telephonic case management, and
retrospective bill review. Under the name Concentra Medical Centers, the
Company operates the nation's largest network of occupational healthcare
centers, currently managing the practices of 255 physicians located in 142
centers in 37 markets in 20 states.
