<PAGE> 1
<TABLE>
- ------
FORM 4
- ------
--------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, DC 20549 --------------------------
OMB Number: 3235-0287
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: September 30, 1998
[ ] Check this box if no Estimated average burden
longer subject to Filed pursuant to Section 16(a) of the Securities hours per response.....0.5
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the ---------------------------
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
<S> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
| 1. Name and Address of Reporting Person | 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Persons |
| Rash Martin S. | Province Healthcare Company (PRHC) | to Issuer (Check all applicable) |
|--------------------------------------------|----------------------------------------------| |
| (Last) (First) (Middle) | 3. IRS Identification | 4. Statement For | [X] Director [ ] 10% Owner |
| | Number of Reporting | Month/Year | [X] Officer (give [ ] Other (Specify|
| | Person, if an Entity | | title below) |
| | (Voluntary) | | below) |
| 105 Westwood Place, Suite 400 | | 5/99 | Chairman, President and CEO |
|--------------------------------------------| |--------------------|--------------------------------------|
| (Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing |
| | | Date of Original| (Check applicable line) |
| | | (Month/Year) | [X] Form Filed by One |
| Brentwood, TN 37027 | | | Reporting Person |
|--------------------------------------------|----------------------------------------------| [ ] Form Filed by More Than |
| (City) (State) (Zip) | | One Reporting Person |
| | | |
|----------------------------------------------------------------------------------------------------------------------------------|
| TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED |
|----------------------------------------------------------------------------------------------------------------------------------|
|1. Title of Security |2. Transaction |3. Transac- |4. Securities Acquired (A) |5. Amount of Se- |6. Owner- |7. Nature |
| (Instr. 3) | Date | tion Code | or Disposed of (D) | curities Benefi-| ship | of In- |
| | (Month/Day/ | (Instr. 8) | | cially Owned at | Form: | direct |
| | Year) | | | End of Month | Direct | Benefi-|
| | | | (Instr. 3, 4 and 5) | (Instr. 3 and 4)| (D) or | cial |
| | |--------------|----------------------------| | Indirect | Owner- |
| | | Code | V | Amount |(A) or| Price | | (I) | ship |
| | | | | | (D) | | | (Instr. 4)| (Instr.|
| | | | | | | | | | 4) |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/24/99 | S | | 10,000 | D |$22.075 | 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/25/99 | S | | 6,000 | D |$21.875 | 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/27/99 | S | | 10,000 | D |$21.6313| 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/27/99 | S | | 2,000 | D | $21.75 | 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/28/99 | S | | 7,000 | D | $21.75 | 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/28/99 | S | | 3,000 | D |$21.7917| 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
|---------------------|-------------------|-------|------|------------|------|--------|-------------------|-------------|----------|
| Common Stock | 5/28/99 | S | | 1,000 | D |$21.875 | 576,737 | Both |See Note |
| | | | | shares | | | shares | | 1 |
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
|1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- | 5. Number of | 6. Date Exer- | 7. Title and Amount |8. Price |
| Security | sion or | action | action | Derivative | cisable and | of Underlying | of |
| (Instr. 3) | Exercise | Date | Code | Securities | Expiration | Securities | Deriv- |
| | Price of | (Month/| (Instr.| Acquired (A)| Date | (Instr. 3 and 4) | ative |
| | Deriv- | Day/ | 8) | or Disposed | (Month/Day/ | | Secur- |
| | ative | Year) | | of (D) | Year) | | ity |
| | Security | | | (Instr. 3, | | | (Instr. 5)|
| | | | | 4 and 5) |----------------|---------------------| |
| | | | | | Date |Expira-| | Amount or| |
| | | |----------|----------------| Exer- |tion | Title | Number of| |
| | | | Code| V | (A) | (D) | cisable|Date | | Shares | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|--------|-------|--------|-------|---------|-----------|-------------|
| | | | | | | | | | | | |
|----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S> <C> <C>
- ------------------------------------------------------------------------------
| 9. Number of | 10. Ownership | 11. Nature of |
| Derivative | Form of | Indirect |
| Securities | Derivative | Beneficial |
| Beneficially | Security: | Ownership |
| Owned at End | Direct (D) | (Instr. 4) |
| of Month | or Indirect (I) | |
| (Instr. 4) | (Instr. 4) | |
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
- ------------------------------------------------------------------------------
Explanation of Responses:
Note I: Includes 575,968 shares owned directly by Mr. Rash and 769 shares owned by the Emily Rash Trust Fund.
** Intentional misstatements or omissions of facts constitute Federal Criminal /s/ Martin S. Rash 6/10/99
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------- ----------
**Signature of Reporting Person Date
Note. File three copies of this form, one of which must be manually signed. Page 2
If space is insufficient, see Instruction 6 for procedure.
</TABLE>