<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
VENCOR, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.25 PER SHARE
(Title of Class of Securities)
922602107
(CUSIP Number of Class of Securities)
Scott M. Brown, Esq.
Tenet Healthcare Corporation
2700 Colorado Avenue
Santa Monica, California 90404
(310) 998-8000
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
with a copy to:
Brian J. McCarthy, Esq.
Skadden, Arps, Slate, Meagher & Flom
300 S. Grand Avenue
Los Angeles, California 90071
(213) 687-5070
OCTOBER 17, 1995
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Statement because of
Rule 13d-1(b)(3) or (4), check the following:
/ /
Check the following box if a fee is being paid with this Statement:
/ /
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
TENET HEALTHCARE CORPORATION 95-2557091
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)/ /
(b)/X /
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
/X /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 8,301,067
:--------------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING :
PERSON WITH : 0
:--------------------------------------------
: (9) SOLE DISPOSITIVE
:
: 8,301,067
:--------------------------------------------
:(10) SHARED DISPOSITIVE
:
: 0
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,301,067
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
12.9%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
NME PROPERTIES CORP. 62-0725891
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)/ /
(b)/X /
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Tennessee
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 8,301,067
:--------------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING :
PERSON WITH : 0
:--------------------------------------------
: (9) SOLE DISPOSITIVE
:
: 8,301,067
:--------------------------------------------
:(10) SHARED DISPOSITIVE
:
: 0
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,301,067
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
12.9%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
NME PROPERTIES, INC. 91-0628039
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)/ /
(b)/X /
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
/ /
- --------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
: (7) SOLE VOTING POWER
:
: 2,690,880
:--------------------------------------------
NUMBER OF SHARES BENEFICIALLY : (8) SHARED VOTING
OWNED BY EACH REPORTING :
PERSON WITH : 0
:--------------------------------------------
: (9) SOLE DISPOSITIVE
:
: 2,690,880
:--------------------------------------------
:(10) SHARED DISPOSITIVE
:
: 0
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,690,880
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.2%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 1 (the "Amendment No. 1") amends and supplements
the Statement on Schedule 13D (the "Schedule 13D"), dated October 2, 1995,
relating to the common stock, par value $.25 per share (the "Common Stock"),
issued by Vencor, Inc., a Delaware corporation (the "Company"), and is being
filed pursuant to Rule 13d-2 under the Securities Exchange Act of 1934, as
amended (the "Act").
Unless otherwise indicated, each capitalized term used but not
otherwise defined herein shall have the meaning assigned to such term in the
Schedule 13D. The information set forth in the Exhibits hereto is hereby
expressly incorporated herein by reference and the responses to each item of
this Schedule 13D are qualified in their entirety by the provisions of such
exhibits.
ITEM 4. PURPOSE OF TRANSACTION
Item 4 is amended and supplemented as follows:
On October 17, 1995, Tenet filed a Registration Statement on Form S-3
(File No. 33-63451) relating to an offering of __% Exchangeable Subordinated
Notes due 2007 (the "Notes"), a copy of which is attached hereto as Exhibit 6.
The Notes are exchangeable into the Common Stock beneficially owned by Tenet.
Except as otherwise described in this Item 4, none of Tenet, PropCorp
or PropInc has any present specific plans or proposals that relate to or would
result in any of the following: (i) the acquisition by any person of additional
securities of the Company or the disposition of securities of the Company, (ii)
an extraordinary corporate transaction, such as a merger, reorganization or
liquidation involving the Company or any of its subsidiaries, (iii) a sale or
transfer of a material amount of assets of the Company or any of its
subsidiaries, (iv) any change in the present Board of Directors or management of
the Company, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the Board of Directors, (v) any
material change in the present capitalization or dividend policy of the Company,
(vi) any other material change in the Company's business or corporate structure,
(vii) changes in the Company's Amended
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and Restated Articles of Incorporation, Bylaws or other instruments
corresponding thereto or other actions that may impede the acquisition of
control of the Company by any person, (viii) causing a class of securities of
the Company to be delisted from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation system of a registered
national securities association, (ix) a class of equity securities of the
Company becoming eligible for termination of registration pursuant to Section
12(g)(4) of the Act, or (x) any action similar to those enumerated above.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Item 6 is amended and supplemented as follows:
The disclosure set forth in Item 4 is incorporated by reference
herein.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 5 Joint Filing Agreement
Exhibit 6 Registration Statement on Form S-3 (File No. 33-63451) relating
to an offering of __% Exchangeable Subordinated Notes due 2007
(incorporated by reference to Tenet's Registration Statement on
Form S-3 (File No. 33-63451) filed with the Securities and
Exchange Commission on October 17, 1995)
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 17, 1995
TENET HEALTHCARE CORPORATION
By: /S/ Scott M. Brown
----------------------------
Scott M. Brown
Senior Vice President and
Secretary
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 17, 1995
NME PROPERTIES CORP.
By: /s/ Scott M. Brown
-----------------------------
Scott M. Brown
Vice President
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 17, 1995
NME PROPERTIES, INC.
By: /s/ Scott M. Brown
-----------------------------
Scott M. Brown
Vice President
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION PAGE NO.
Exhibit 5 Joint Filing Agreement
Exhibit 6 Registration Statement on Form S-3 (File No. 33-63451) relating
to an offering of __% Exchangeable Subordinated Notes due 2007
(incorporated by reference to Tenet's Registration Statement on
Form S-3 (File No. 33-63451) filed with the Securities and
Exchange Commission on October 17, 1995)
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EXHIBIT 5
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934,
as amended, each of the persons named below agrees to the joint filing on behalf
of each of them of a Statement on Schedule 13D (including amendments thereto)
with respect to the common stock, par value $.25 per share, of Vencor, Inc., a
Delaware corporation, and further agrees that this Joint Filing Agreement be
included as an exhibit to such filings provided that, as contemplated by Section
13d-1(f)(l)(ii), no person shall be responsible for the completeness or accuracy
of the information concerning the other persons making the filing, unless such
person knows or has reason to believe that such information is inaccurate. This
Joint Filing Agreement may be executed in any number of counterparts, all of
which taken together shall constitute one and the same instrument.
Date: October 17, 1995
TENET HEALTHCARE
CORPORATION
By:/s/ Scott M. Brown
-----------------------------
Scott M. Brown
Senior Vice President
and Secretary
NME PROPERTIES CORP. NME PROPERTIES, INC.
By:/s/ Scott M. Brown By:/s/ Scott M. Brown
---------------------- ----------------------
Scott M. Brown Scott M. Brown
Vice President Vice President
