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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
NOVEMBER 13, 1998
Date of Report
(NOVEMBER 10, 1998)
(Date of earliest event reported)
HBO & COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
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0-9900 37-0986839
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(Commission File Number) (Employer Identification No.)
301 PERIMETER CENTER NORTH
ATLANTA, GA 30346
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(Address of principal executive (Zip Code)
offices)
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(770) 393-6000
Registrant's telephone number, including area code
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ITEM 5: OTHER EVENTS
On November 10, 1998, the Board of Directors of HBO & Company (the "Company"
or "HBOC") declared a quarterly cash dividend of $.02 per share payable on
January 21, 1999 to stockholders of record on December 31, 1998.
On November 13, 1998 the Company announced that Jay P. Gilbertson, HBOC
president, co-chief operating officer and chief financial officer will be
leaving HBOC to pursue other opportunities. "Jay has contributed in a
significant way toward building the company into what it is today and we wish
him well in his endeavors," stated Charles W. McCall, HBOC chairman, president,
and chief executive officer. "Al Bergonzi, HBOC president, will become chief
operating officer and in addition to his current responsibilities will assume
all responsibilities currently held by Jay."
The unaudited combined operations for the thirty days subsequent to the
October 1, 1998, pooling acquisition of US Servis, Inc., are as follows: revenue
and net loss for the period was $80.1 million and ($4.0) million, respectively;
revenue and net loss for the same period in 1997 was $66.2 million and ($4.9)
million, respectively.
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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.
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HBO & COMPANY
(Registrant)
Date: November 13, 1998
/s/ ALBERT J. BERGONZI
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Albert J. Bergonzi
PRESIDENT AND CO-CHIEF OPERATING OFFICER
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