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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): NOVEMBER 18, 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 November 18, 1998
announcing Concentra Managed Care, Inc.'s Board of Directors naming Daniel J.
Thomas President and Chief Executive Officer on a permanent basis.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release of the Registrant dated November 18, 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, General
Counsel & Secretary
Date: November 18, 1998
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INDEX TO EXHIBITS
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EXHIBIT
NUMBER PAGE
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99.1 Press Release of Registrant dated November 18, 1998
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EXHIBIT 99.1
Contact: Joseph F. Pesce, CFO
Concentra Managed Care, Inc.
(617) 367-2163, Ext. 5101
CONCENTRA MANAGED CARE NAMES
DANIEL J. THOMAS CHIEF EXECUTIVE OFFICER
BOSTON, Mass. (November 18, 1998) - Concentra Managed Care, Inc.
(Nasdaq/NM: CCMC) today announced that its Board of Directors has named Daniel
J. Thomas (age 39) President and Chief Executive Officer on a permanent basis.
Thomas has served as Interim Chief Executive Officer of the Company since
mid-September and was President and Chief Operating Officer before that time.
Commenting on the announcement, John K. Carlyle, Chairman of the Board,
said, "Since assuming this new role two months ago, Dan has distinguished
himself with the essential insight to the issues that face Concentra and by his
decisive approach to the actions and strategies that best address these issues.
In the Board's view, Dan offers us the right balance of direct business
experience, company-specific knowledge, and an unwavering commitment to
long-term success. We are, therefore, pleased to appoint him as Concentra's new
Chief Executive Officer, and look forward to his continuing leadership."
Concentra Managed Care is the leading provider and comprehensive
outsource solution for cost containment and fully integrated care management in
the occupational, auto, and group healthcare markets. 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 117 field case
management offices, with approximately 1,400 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 86 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 276
physicians located in 151 centers in 42 markets in 23 states.
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