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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 8, 2001 (December 22, 2000)
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PROVINCE HEALTHCARE COMPANY
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
0-23639 62-1710772
(Commission File Number) (IRS Employer
Identification No.)
105 WESTWOOD PLACE
SUITE 400
BRENTWOOD, TENNESSEE 37027
(Address of Principal Executive Offices) (Zip Code)
(615) 370-1377
(Registrant's Telephone Number, Including Area Code)
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ITEM 5. OTHER EVENTS
Effective December 22, 2000, Province Healthcare Company (the
"Company"), through a wholly-owned subsidiary of the Company, sold substantially
all of the assets of General Hospital, located in Eureka, California, to St.
Joseph Health System. The sale price for the hospital was approximately $26.5
million, plus approximately $5.0 million of working capital.
With the disposition of the hospital, the Company now owns or leases 14
general acute care hospitals in nine states with a total of 1,326 licensed beds.
The Company also provides management services to 40 primarily non-urban
hospitals in 16 states with a total of 3,166 licensed beds.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Exhibits
99.1 Copy of the press release, dated December 21, 2000,
relating to the closing of the transaction in which the
Company entered into an agreement to sell substantially all of
the assets of General Hospital to St. Joseph Health System.
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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 hereunto duly authorized.
PROVINCE HEALTHCARE COMPANY
Date: January 8, 2001 By: /s/ Brenda B. Rector
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Brenda B. Rector
Vice President and Controller
