HEALTHWATCH INC
NT 10-Q, 1999-11-16
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                                                    SEC FILE NUMBER    0-11476
                                                                     -----------

                          NOTIFICATION OF LATE FILING               CUSIP NUMBER
                                                                    422214-60-1
                                                                    -----------

(Check One): __ Form 10-K __ Form 20-F __ Form 11-K [X] Form 10-Q __ Form N-SAR

For Period Ended:           November 30, 1999
- --------------------------------------------------------------------------------
[ ]  Transition Report on Form 10-K        [ ]  Transition  Report  on Form 20-F
[ ]  Transition Report on Form 11-K        [ ]  Transition  Report  on Form 10-Q
[ ]  Transition Report on Form N-SAR

For the Transition Period Ended:  ________________________________

- --------------------------------------------------------------------------------

 READ INSTRUCTION (ON BACK PAGE) BEFORE PREPARING FORM.  PLEASE PRINT OR TYPE.
   NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
                 VERIFIED ANY INFORMATION CONTAINED HEREIN.
- --------------------------------------------------------------------------------

If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:

- --------------------------------------------------------------------------------

PART I - REGISTRANT INFORMATION

   HealthWatch, Inc.
- --------------------------------------------------------------------------------
Full Name of Registrant

- --------------------------------------------------------------------------------
Former Name if Applicable

   9040 Roswell Road, Suite 470
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

   Atlanta, Georgia   30350
- --------------------------------------------------------------------------------
City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

    | (a)  The reasons  described in  reasonable detail in Part III of this form
    |      could not be eliminated without  unreasonable effort or expense;
    |
    | (b)  The subject annual report, semi-annual  report,  transition report on
    |      Form 10-K, Form 20-F,  11-K  or Form  N-SAR, or portion thereof, will
[X] |      be  filed  on or  before  the fifteenth  calendar  day following  the
    |      prescribed  due date;  or the subject  quarterly report or transition
    |      report on Form 10-Q,  or  portion  thereof will be filed on or before
    |      the fifteenth calendar  day following  the  prescribed due date;  and
    |
    | (c)  The   accountant's  statement  or  other  exhibit  required  by  Rule
    |      12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition  report or portion  thereof,  could not be filed within
the prescribed time period.

DUE TO LIMITED FINANCIAL AND OTHER RESOURCES OF THE REGISTRANT,  ADDITIONAL TIME
IS REQUIRED IN ORDER FOR REGISTRANT TO FILE ITS QUARTERLY  REPORT FOR THE PERIOD
ENDED SEPTEMBER 30, 1999.

                                                 (ATTACH EXTRA SHEETS IF NEEDED)
                                                           SEC 1344 (6/94)



<PAGE>

PART IV - OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification

         Brian L. Schleicher             770                   667-2216
     ----------------------------    -------------      -----------------------
              (Name)                  (Area Code)         (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant was required to file such report(s) been filed? If answer is no,
     identify report(s). /X/ Yes /__/ No
                         --
     ---------------------------------------------------------------------------

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof? /__/ Yes /X/ No
                       --

     If so, attach an explanation of the anticipated  change,  both  narratively
     and quantitatively, and, if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.

- --------------------------------------------------------------------------------

                                HealthWatch, Inc.
              ----------------------------------------------------
                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.


Date   November 15, 1999                By:     /s/ Paul W. Harrison
    -------------------------                 ---------------------------------
                                              Chief Executive Officer
                                                (Principal Financial and
                                                 Accounting Officer)


INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly  authorized  representative.  The name and title of the person
signing  the form  shall  be typed or  printed  beneath  the  signature.  If the
statement is signed on behalf of the registrant by an authorized  representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

- --------------------------------ATTENTION--------------------------------------
|  Intentional misstatements or omissions of fact constitute Federal Criminal  |
|  Violations (See 18 U.S.C. 1001).                                            |
- -------------------------------------------------------------------------------




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