HBO & CO
8-K, 1996-09-11
COMPUTER INTEGRATED SYSTEMS DESIGN
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION

                              Washington D.C. 20549

                                    FORM 8-K 

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                               SEPTEMBER 11, 1996
                                 Date of Report
                               (SEPTEMBER 9, 1996)
                        (Date of earliest event reported)


                                  HBO & COMPANY
             (Exact name of registrant as specified in its charter)

                                    DELAWARE
                 (State or other jurisdiction of incorporation)


       0-9900                                         37-0986839    
- -----------------------                      --------------------------------
(Commission File Number)                     (IRS Employer Identification No.)

     301 PERIMETER CENTER NORTH
         ATLANTA, GA                                    30346   
- ---------------------------------------                ---------
(Address of principal executive offices)              (Zip Code)

                                 (770) 393-6000
                        ---------------------------------
               Registrant's telephone number, including area code







                          Exhibit Index on page 2 of 5

                                   Page 1 of 5
<PAGE>


ITEM 5: OTHER EVENTS

        On September 9, the Company announced the promotion of Jay Lapine to the
position of vice president and general counsel for the company.  Lapine replaces
senior vice president and general counsel James A. Gilbert, who recently
resigned to assume the position of president and chief operating officer of
Atlanta-based IMNET Systems, Inc.

        On September 11, the Company (HBOC) announced it has completed a
definitive agreement to acquire Management Software Inc. (MSI), a privately held
provider of  software solutions for the homecare industry. MSI shareholders will
receive approximately 890,000 shares of HBOC stock in the transaction. The
acquisition, which is subject to regulatory approval, will be accounted for as a
pooling of interests and is scheduled to be completed in the third quarter. 

ITEM 7:  FINANCIAL STATEMENTS AND EXHIBITS

        (c)    Exhibits.

               EXHIBIT NO.              DESCRIPTION                        PAGE 
               -----------              -----------                        ----
                     
                      99      HBO & Company News Release dated               4
                              September 9, 1996

                      99(a)   HBO & Company News Release dated               5
                              September 11, 1996                 





                                   Page 2 of 5
<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 hereunto duly authorized.


                                   HBO & COMPANY
                                   (Registrant)

Date: September 10, 1996

                                   /s/ Jay P. Gilbertson       
                                   -----------------------------------------
                                   Jay P. Gilbertson
                                   Senior Vice President - Finance,
                                   Chief Financial Officer,
                                   Principal Accounting Officer,
                                   Treasurer and Assistant Secretary






                                   Page 3 of 5 

<PAGE>

                                                                    EXHIBIT 99
NEWS RELEASE

CONTACT:  ANNE DAVENPORT                301 PERIMETER CENTER NORTH
          INVESTOR RELATIONS            ATLANTA, GA  30346
          (770) 668-5968


                         HBOC NAMES NEW GENERAL COUNSEL

     ATLANTA, September 9, 1996 -- HBO & Company (Nasdaq:HBOC) today 
announced the promotion of Jay Lapine to the position of vice president and 
general counsel for the company.  Lapine replaces senior vice president and 
general counsel James A. Gilbert, who recently resigned to assume the 
position of president and chief operating officer of Atlanta-based IMNET 
Systems, Inc.
     Lapine, who joined HBOC in 1994, has nearly 20 years' experience serving 
in executive operations and general counsel positions within healthcare 
organizations.  For the past two years, he has been responsible for the daily 
management of HBOC's legal department.
     "Jay Lapine's extensive experience makes him well qualified to succeed 
Jim Gilbert in this important position," said Charles W. McCall, HBOC 
president and chief executive officer.  "We thank Jim for his contributions 
and wish him well in his new role at IMNET."
     HBO & Company delivers enterprisewide patient care, clinical, financial 
and strategic management software solutions, as well as networking 
technologies, outsourcing and other services to healthcare organizations in 
the United States, United Kingdom, Ireland, Canada and New Zealand.
                                        ###



                                   Page 4 of 5 

<PAGE>

                                                                   EXHIBIT 99(a)
NEWS RELEASE

Contact:  ANNE DAVENPORT           301 PERIMETER CENTER NORTH
          INVESTOR RELATIONS       ATLANTA, GA  30346
          (770) 668-5968



                 HBOC COMPLETES DEFINITIVE AGREEMENT TO ACQUIRE
                            MANAGEMENT SOFTWARE, INC. 


     ATLANTA, September 11, 1996 -- HBO & Company (Nasdaq:HBOC) today announced
it has completed a definitive agreement to acquire Management Software Inc.
(MSI), a privately held  provider of  software solutions for the home care
industry. MSI shareholders will receive approximately 890,000 shares of HBOC
stock in the transaction. The acquisition, which is subject to regulatory
approval, will be accounted for as a pooling of interests and is scheduled to be
finalized during the third quarter. 
             Management Software Inc., based in Springfield, MO, had 1995
revenue of $15 million and has over 200 employees. The company is the market
leader in the homecare information market with approximately 600 home health
customers including Lutheran Health System of Fargo, N.D.; Healthspan Health
System, Minneapolis, MN, and approximately 40 of the Columbia/HCA hospitals.
          HBO & Company delivers enterprisewide patient care, clinical,
financial and strategic management software solutions, as well as networking
technologies, outsourcing and other services to healthcare organizations in the
United States, United Kingdom, Canada, Australia and New Zealand.
                                        ###


                                   Page 5 of 5






 


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