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): JULY 20, 1999
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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 Identification Number)
incorporation)
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)
<PAGE>
ITEM 5. OTHER EVENTS
See the press release attached hereto as Exhibit 99.1 dated July 20, 1999
announcing Concentra Managed Care, Inc's ("the Company") commencement of tender
offers for the Company's 6% Convertible Subordinated Notes due 2001 and its 4.5%
Convertible Subordinated Notes due 2003.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS
99.1 Press Release of the Registrant dated July 20, 1999
<PAGE>
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: July 20, 1999
<PAGE>
INDEX TO EXHIBITS
EXHIBIT
NUMBER
99.1 Press Release of Registrant dated July 20, 1999
<PAGE>
EXHIBIT 99.1
Contact: Thomas E. Kiraly
Executive Vice President and
Chief Financial Officer
(617) 367-2163, Ext. 5101
CONCENTRA MANAGED CARE COMMENCES TENDER OFFERS
FOR ITS 6% CONVERTIBLE SUBORDINATED NOTES DUE 2001
AND ITS 4.5% CONVERTIBLE SUBORDINATED NOTES DUE 2003
BOSTON, Mass. (July 20, 1999) - Concentra Managed Care, Inc. (Nasdaq/NM:
CCMC) ("Concentra" of the "Company") today announced that it has commenced
tender offers to purchase all of its outstanding 6% Convertible Subordinated
Notes due 2001 for a cash purchase price of $1,002.50 per $1,000 principal
amount of such notes, plus accrued and unpaid interest up to, but not including,
the date of payment and all of its outstanding 4.5% Convertible Subordinated
Notes due 2003 for a cash purchase price oif $1,001.25 per $1,000 principal
amount of such notes, plus accrued and unpaid interest up to, but not including,
the date of payment.
The tender offers will expire at 5:00 p.m., New York City time, on Tuesday,
August 17, 1999, unless extended.
Donaldson, Lufkin & Jenrette is the Dealer Manager and MacKenzie Partners
is the Information Agent for the tender offers.
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. Currently, the Company operates the nation's largest
network of occupational healthcare centers, managing the practices of
approximately 334 physicians located in 188 centers in 55 markets in 29 states.
The Company has approximately 1,100 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 84 service locations that provide specialized
cost containment services including utilization management, telephonic case
management, first notice of loss reporting, and retrospective bill review.
This news release is neither an offer to purchase nor a solicitation of an
offer to sell securities.
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